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CopperBank Retains Alaska Firm DOWL to Initiate Power and Port Infrastructure Study

ANCHORAGE, AK / ACCESSWIRE / March 7, 2017 / CopperBank Resources Corp. ("CopperBank" or the...

articleFaraday Copper CorpMarch 7, 20175/company/faraday-copper/news/copperbank-retains-alaska-firm-dowl-to-initiate-power-and-port-infrastructure-study
CopperBank Retains Alaska Firm DOWL to Initiate Power and Port Infrastructure Study

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[{"type":"text","content":"CopperBank Retains Alaska Firm DOWL to Initiate Power and Port Infrastructure StudyANCHORAGE, AK / ACCESSWIRE / March 7, 2017 / CopperBank Resources Corp. (\"CopperBank\" or the \"Company\") (OTC PINK: CPPKF) (CSE: CBK) is pleased to announce that it has secured Alaska engineering firm DOWL to provide initial infrastructure planning for an area that is approximately four kilometres down-hill from the Pyramid project (view map). DOWL will assist CopperBank in developing rough order of magnitude (\"ROM\") understanding for several components of conceptual infrastructure. Specifically, these infrastructure components include potential port site locations, on-site power generating options, and supporting road network.\nDOWL is a multi-disciplined consulting firm that has provided civil engineering and related services in Alaska for more than 50 years, with project expertise in transportation, civil engineering, geo-construction, environmental, and water resources. DOWL President and Chief Operating Officer, Stewart Osgood, PE, said, \"This is a great opportunity to leverage DOWL's infrastructure expertise in Alaska. Working at the very early planning stages of any project is a great fit for DOWL's depth of project experience, and clearly demonstrates CopperBank's commitment to partner with Alaskan firms.\"\nCopperBank Executive Chairman, Gianni Kovacevic, comments, \"We have worked diligently over the past 24 months to comprehend the opportunity in Alaska with the subsurface land holder, The Aleut Corporation. Three very important components of any copper project of merit are, geology, location and access to infrastructure. We have established a strong technical team to further assess the geological opportunity at the still open Pyramid deposit, and the San Diego Bay prospect 7 kilometres to the West. As for infrastructure, it is never too early in the life of a project to begin to understand how critical components, namely power and port facilities, would look like and potentially be situated. For these reasons, we are initiating this cost-effective study with DOWL so that all of our stakeholders, especially our local partners, can obtain a better understanding of the infrastructure options in this area.\"\nThe Pyramid Deposit\nThe Pyramid project area is located on the 55th parallel, adjacent to ice-free all year deep tide water, ...

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