The study envisions a mine life of 14 years, producing 903,000 tonnes of copper, plus 12 million oz. of silver and 63,000 oz. of gold.
Poilievre, the Conservative Party leader, has criticized current permitting delays in the Canadian minerals sector, which can range from five to 25 years.
The 2025 Xplor cohorts will each receive an equity free grant of up to $500,000.
Investment diversification through bullion purchases is “a trend that will persist,” one portfolio manager said.