VANCOUVER, BC, May 3, 2022
/PRNewswire/ - Copper Mountain Mining Corporation (TSX:
CMMC) (ASX: C6C) (the "Company" or "Copper Mountain") is
pleased to announce that it has received the 2022 Towards
Sustainable Mining (TSM) Environmental Excellence Award in
recognition of its Electric Trolley Assist Project focused on
reducing carbon intensity and minimizing environmental impact.
The Trolley Assist installation at the Copper Mountain Mine
connects haul trucks to clean BC electricity and will displace
approximately 400 liters of diesel and 1 tonne of carbon dioxide
each hour per truck up the Copper Mountain Mine's main haulage
ramp. The system covers a one kilometer incline from the main
pit to the primary crusher, and can support four trucks at any
time. Moving heavy rock up a steep incline is a highly energy
intensive process and is the largest source of greenhouse gas (GHG)
emissions at Copper Mountain. This new technology is
anticipated to reduce Copper Mountain's carbon emissions by at
least 30% over the next five years and is a key contributor towards
the Company's goal of net zero carbon emissions by 2035.
"We are honoured to receive this award as it recognizes our
commitment to making a difference," commented Don Strickland, Copper Mountain's Executive Vice
President of Sustainability. "We are one of the first open
pit mines to commission electric Trolley Assist in North
America. This is a huge achievement, and we are proud of our
team for their efforts in successfully delivering this project. We
also have many other projects underway to help us reduce our total
environmental footprint. We have scaled up our
progressive reclamation program to reclaim 25 hectares of land per
year while focusing on minimizing the total disturbed area that
requires reclamation. We are also collaborating with the BC
Ministry of Energy, Mines and Low Carbon Innovation to develop a
digital carbon emissions certification system called Mines Digital
Trust with the objective of building transparency by tracking
responsible producers. Progressive environmental and
community stewardship is a main pillar of Copper Mountain's growth
strategy."
For more information about Copper Mountain's ESG initiatives,
please visit the Company's website:
https://cumtn.com/esg/overview/. In addition, the Company
will be publishing its inaugural sustainability report this
year.
About Copper Mountain Mining
Corporation
Copper Mountain's flagship asset is the 75% owned Copper
Mountain Mine located in southern British
Columbia near the town of Princeton. The Copper Mountain Mine currently
produces approximately 100 million pounds of copper equivalent per
year. Copper Mountain also has the 100% owned
development-stage Eva Copper Project, which is expected add
approximately 100 million pounds of copper annually, in
Queensland, Australia and an
extensive 2,100 km2 highly prospective land package in
the Mount Isa area. Copper Mountain trades on the Toronto Stock
Exchange under the symbol "CMMC" and Australian Stock Exchange
under the symbol "C6C".
Additional information is available on the Company's web page at
www.CuMtn.com.
On behalf of the Board of
COPPER MOUNTAIN MINING CORPORATION
"Gil
Clausen"
Gil Clausen, P.Eng.
President and Chief Executive Officer
Website: www.CuMtn.com
Cautionary Note Regarding
Forward-Looking Statements
This news release may contain forward-looking statements and
forward-looking information (together, "forward-looking
statements") within the meaning of applicable securities
laws. All statements, other than statements of historical
facts, are forward-looking statements. Generally,
forward-looking statements can be identified by the use of
terminology such as "plans", "expects", "estimates", "intends",
"anticipates", "believes" or variations of such words, or
statements that certain actions, events or results "may", "could",
"would", "might", "occur" or "be achieved". In this news release,
certain forward-looking statements are identified, including the
anticipated reduction of the Company's carbon emissions by at least
30% over the next five years due to the Trolley-Assist Project, the
Company's goal of net zero carbon emissions by 2035 and anticipated
production at the Copper Mountain Mine. Forward-looking statements
involve risks, uncertainties and other factors that could cause
actual results, performance and opportunities to differ materially
from those implied by such forward-looking statements.
Factors that could cause actual results to differ materially from
these forward-looking statements include the risks set out in
Copper Mountain's public documents, including in each management's
discussion and analysis, filed on SEDAR at www.sedar.com.
Although Copper Mountain believes that the information and
assumptions used in preparing the forward-looking statements are
reasonable, undue reliance should not be placed on these
statements, which only apply as of the date of this news release,
and no assurance can be given that such events will occur in the
disclosed time frames or at all. Except where required by
applicable law, Copper Mountain disclaims any intention or
obligation to update or revise any forward-looking statement,
whether as a result of new information, future events or
otherwise.
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SOURCE Copper Mountain Mining Corporation