Eagle Mountain Mining commenced a scoping study for its Oracle Ridge Copper Project in Arizona, USA.

The study will define the economic and technical pathway for production based on the current mineral resource estimate of 28 Mt at 1.35% copper, 11.06g/t silver and 0.16g/t gold.

Key parts of the study will be reducing the environmental footprint, producing an LME-grade copper cathode and exploring options to extend the mine's lifespan.

The company aims to complete the study in the third quarter.