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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) announces the commencement of its initial 2000-metre drilling program at the Okeover project in British Columbia. The mobilization to the site has begun, with drills targeting the North Lake Zone, where historic resource estimates exist. Notable past drilling results include up to 76 metres grading 0.34% copper. The company aims to verify and update these resources for a National Instrument 43-101 technical report planned for 2023, amid excitement in the copper sector.
Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) announced the completion of its summer diamond drilling program at the Indata copper-gold project, achieving 2,140 meters across 13 holes. The drilling detected porphyry copper mineralization in six holes and indications of carbonate replacement deposits (CRD) in various areas. Notable historical results included 27 meters at 0.27% Cu and high-grade gold intercepts. The CEO emphasized the potential for expanding valuable drill targets, driving shareholder value. A fall drill campaign is planned.
Alpha Copper Corp. (CSE: ALCU) has announced an agreement to acquire all outstanding shares of CAVU Energy Metals Corp. (CSE: CAVU), representing a 31.3% premium based on the 30-day VWAP. The merger aims to create a larger entity focused on copper exploration in British Columbia and Yukon, enhancing access to capital for further exploration. CAVU shareholders will receive 0.7 of an Alpha share for each CAVU share held, resulting in them owning about 30% of the combined company. The transaction requires CAVU shareholder approval and is expected to close in Q4 2022.
Alpha Copper Corp. announced a non-binding Letter of Intent to acquire CAVU Energy Metals Corp., offering a 60% premium based on the 20-day volume-weighted average price. The acquisition aims to enhance Alpha's portfolio by combining four exploration projects in British Columbia and Yukon, focusing on copper and gold. Notable projects include the Star and Hopper projects from CAVU, both of which show promising mineralization. Upon completion, CAVU shareholders will own approximately 30% of the combined entities' shares, enhancing market positioning and exploration capabilities.
Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) has provided an update on its diamond drilling program for the Indata copper-gold Project in British Columbia. The ongoing 5,000-metre drill program targets various mineralization types, including vein gold and porphyry copper-gold. Initial holes have shown promising results with intersections of molybdenum and chalcopyrite mineralization. CEO Darryl Jones expressed optimism about future discoveries, emphasizing the project's potential to enhance shareholder value. The drilling campaign is expected to continue into Q3 2022, with results released periodically.
Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) has signed a drilling contract for a 2000 metre drill program at its Okeover copper-molybdenum project in British Columbia. Superior Diamond Drilling Inc. will conduct this initial drilling to expand the North Lake Zone, which has shown historical mineralization. The project spans 4,613 hectares, and previous drilling indicates that mineralization may extend beyond earlier estimates. Additionally, Alpha Copper has engaged GOLDINVEST Consulting GmbH for investor relations to enhance awareness in the German-speaking market.
Alpha Copper Corp. (CSE: ALCU, OTC: ALCUF) has commenced mobilization to the Indata project, initiating a 5000-meter drilling campaign. Located 230 kilometers northwest of Prince George, the project covers 3,189 hectares and aims to boost copper supply for the green economy. The focus is on the Lake Zone, which features significant mineralized samples. Previous explorations revealed promising grades, with the Quarry Zone showing select samples of 3.65% copper and 5.95 g/t gold. CEO Darryl Jones expressed optimism about advancing asset valuation and shareholder value through this exploration program.
Alpha Copper (CSE: ALCU, OTC: ALCUF) announces a Permit Extension for its Okeover Copper-Molybdenum Project in British Columbia, allowing exploration until March 2024. The project spans 4,613 hectares and is strategically located near Powell River, enhancing accessibility. The historic resource estimate from 2006 indicates 87 million tonnes grading 0.31% copper and 0.014% MoS2. The company intends to launch a fall work program to explore further, leveraging modern techniques and historical data for potential commercial mining.
Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) has announced a budget increase for its 2022 exploration program at the Indata Project in British Columbia. The budget has been raised from $750,000 to $1,000,000 due to positive historical data review involving nearly 5,000 soil samples and geophysical surveys. The project spans 3,189 hectares and includes targets with promising copper and gold mineralization. The company aims to earn a 60% interest in the project by meeting certain financial commitments by June 20, 2023.
Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) announced its engagement with CDMG, Inc. and Think Ink Marketing Data for marketing strategies to boost public awareness and investor relations. The company highlights a significant opportunity in the copper sector, driven by increased demand for electric vehicles and renewable energy, as well as government support via the Defense Production Act. Findings predict a potential supply deficit of 4.7 million tonnes of copper by 2030, necessitating substantial investments in mining. CEO Darryl Jones emphasizes the critical role of copper in achieving climate goals.