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Alpha Copper Corp. (symbol: ALCUF) is a dedicated resource sector enterprise focused on creating value through mineral exploration, technical development, and asset acquisition. The company has strategically positioned itself in the core of the green economy by identifying and developing copper resource assets in stable jurisdictions, primarily within British Columbia and the southwestern Yukon.
Core Business: Alpha Copper's core operations revolve around the exploration and development of copper and copper-gold porphyry projects. The company's flagship project, the Star Project in the Golden Triangle of British Columbia, is renowned for its significant copper and precious metal endowments. With a total area of 6,829 hectares, the Star Project is a highly prospective region that includes numerous large porphyry copper-gold targets.
Recent Achievements: The company has made notable advancements, including the signing of a Communications and Engagement Agreement with the Tahltan Central Government (TCG) to ensure respectful and transparent collaboration regarding the Star Project. Alpha Copper has also completed a geophysical magnetic 3D inversion study on the Star Project, revealing several promising anomalies that indicate potential high-grade mineralization.
Current Projects: In addition to the Star Project, Alpha Copper holds interests in several other significant projects:
- Okeover Project: Acquired 100% interest in this copper-molybdenum project, encompassing twelve mineral claims totaling approximately 4,613 hectares in British Columbia.
- Indata Project: Positioned to earn a 60% interest in this copper-gold project located in north-central British Columbia.
- Hopper Project: Option to acquire up to 70% interest in this copper-gold project in the southern Dawson Range copper-gold belt of the southwestern Yukon.
- Quesnel Project: 100% owned project in the Quesnel Trough, known for its significant alkalic copper-gold porphyry deposits.
Financial Condition: Alpha Copper recently announced a non-brokered private placement of convertible debentures to raise up to $1,000,000 for further exploration and development. The company has also undertaken a consolidation of its outstanding common shares to enhance shareholder value and market position.
Partnerships and Collaborations: The company maintains a strong commitment to collaborative engagement with indigenous and local communities, ensuring its projects are developed responsibly and sustainably. The agreement with the Tahltan Central Government is a testament to this commitment.
With a clear focus on contributing to the green economy through the responsible development of copper resources, Alpha Copper Corp. is poised to make significant strides in the resource sector. For more information, visit their official website.
Alpha Copper Corp. (CSE: ALCU, OTC: ALCUF) announced its option to acquire 100% of the Star Project in northwestern British Columbia, situated in the Tahltan Central Government territory. The company signed a Communications and Engagement Agreement with the TCG to ensure transparent dialogue regarding the project. The Star Project, covering 6,829 hectares, features a porphyry-style copper-gold system that has been drilled to 664 m depth and remains open for further exploration. Significant historical drill results include 106.98 m @ 0.77% Cu, 0.407 g/t Au. The project is permitted for drilling until March 2026.
Alpha Copper Corp. (CSE: ALCU) has announced the termination of its option agreement for the Okeover project, relieving the company of a $3.5 million financial commitment and a pending share issuance. This decision enables Alpha to concentrate on more promising assets, such as the drill-ready Star Project in British Columbia, the Indata project, and the Hopper project in Yukon. CEO Darryl Jones emphasized that the option deal no longer reflected the project's value after a thorough review of exploration results. Additionally, the company has ended its marketing agreement with Promethean Marketing, effective March 31, 2023.
Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) has announced the Hopper copper-porphyry project, emphasizing its exploration potential. The company received a Class 3 exploration permit valid for 10 years, allowing drilling with three drills until January 2033. CEO Darryl Jones highlighted the project's promising skarn horizons and the potential for significant porphyry discovery. The site has shown abundant copper, silver, gold, and molybdenum, with successful drilling results indicating high-grade mineralization. The project includes over eight skarn horizons up to 25m thick, with drilling yielding impressive copper grades.
Alpha Copper Corp. (CSE: ALCU, OTC: ALCUF) announced promising results from its Indata project diamond drill program in British Columbia. Significant findings include 173.6 meters grading 0.23% copper starting at 2.9 meters and a new molybdenum zone termed Area 74 which showed 30.8 meters grading 0.10% molybdenum. The exploration confirmed a 7km-long mineral trend, enhancing the company's asset portfolio following the acquisition of Cavu Energy Metals. The results have excited the company about future exploration activities in 2023 as they await final assays from two remaining drill holes.
Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) has successfully completed a 2000m confirmation drill program at its Okeover project in British Columbia. The drilling in the North Lake Zone confirmed low-grade porphyry-style mineralization, extending known mineralized rocks to at least 530m depth. A significant discovery was made with hole 4 encountering new mineralization at 330m depth. The company has also engaged a marketing firm for public relations services and acquired a 100% interest in an additional mineral claim for 20,000 common shares.
Alpha Copper Corp. (CSE: ALCU) has successfully acquired all common shares of CAVU Energy Metals Corp. (CSE: CAVU) as per a statutory plan of arrangement. CAVU shareholders received 0.7 Alpha shares for each CAVU share, resulting in Alpha issuing 25,485,016 shares, with ownership split at approximately 69.5% Alpha and 30.5% former CAVU shareholders. This acquisition includes CAVU's Hopper and Star Copper-Gold Projects. The Alpha board has expanded, adding CAVU's Danny Matthews and Dr. Luke Bickerton.
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