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IBERO MNG CORP - AUCCF STOCK NEWS

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Europacific Metals Inc (AUCCF) is a Canadian public company focused on gold and copper-gold projects in Portugal. The company owns the Borba 2 exploration properties covering 328 sq km in Alentejo. Recent achievements include awarding a drilling contract to SPI for the Miguel Vacas Copper project. With experienced technical teams and ongoing drill programs to confirm mineral extensions, Europacific Metals is at the forefront of exploring and developing valuable mineral resources in the region.

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EuroPacific Metals announced an amendment to its partnership agreement with BMP Holding and Indice Crucial Lda for the Barrancos Copper-Gold project and two new gold properties in Portugal. The revised terms simplify the acquisition process, reducing cash expenditures and accelerating exploration efforts. EuroPacific will now need to pay €15,000 in cash, issue 500,000 shares, and 500,000 warrants to increase its stake to 60%, followed by another €15,000 cash payment to reach 80%. The remaining 20% can be acquired for €800,000 within five years of obtaining a mining license. The amendment replaces the original three-stage share transfer plan, optimizing financial and operational efficiencies.

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EuroPacific Metals announced initial assay results from the first drill hole at its Miguel Vacas copper deposit in Southern Portugal. The first hole, EBMV001, revealed a continuous intercept of 22.8 meters grading 2.76% copper, including 9 meters at 7.49% copper. The drilling program confirmed the presence of high-grade copper mineralization and opened potential new extensions to the north. Five holes have been completed so far, with all showing significant mineralization. Initial core recovery issues were mitigated with improved techniques, raising recovery rates from 65% to 87%. The program aims to define a shallow, open-pit copper resource recoverable through hydrometallurgical methods.

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EuroPacific Metals Inc announces the initial drill intercepts from the 2024 exploration drill program at the Miguel Vacas mine area targeting a shallow high-grade copper deposit. The first two drill holes revealed a broad mineralized interval with copper secondary minerals and the presence of a NW-SE fault potentially extending the mineralized zone. The company is progressing towards defining a shallow open pit resource of oxide copper mineralization. Karim Rayani, CEO, expresses satisfaction with the progress made and anticipates an initial resource estimate soon. The drill program aims to have a minimum of 1,500 meters of ore drilling.

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Europacific Metals Inc. announces the start of the 2024 exploration drill program at the Miguel Vacas mine area in Portugal. The program aims to define a shallow open pit resource of oxide Copper mineralization followed by deeper sulphide ore drilling. The company plans to drill 1,500 meters initially with the potential for precious and base metals. EuroPacific is optimistic about the project's potential and looks forward to reporting progress.
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Europacific Metals Inc (AUCCF) awards drilling contract for Miguel Vacas Copper project to SPI, planning to confirm resource estimation and conduct bulk sample operation. The project aims to evaluate the shallow open pittable section of the deposit for heap leaching. The company has a skilled technical team and aims to commence drilling operations in April 2024.
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Europacific Metals Inc. provides a corporate update letter to shareholders highlighting the favorable macroeconomic environment for copper and precious metals. The Company's CEO discusses the investment potential, strategic importance, and long-term trends of copper, emphasizing the supply-demand imbalance and geopolitical factors affecting the market. The letter outlines the Company's exploration plans for the Miguel Vacas Copper prospect, detailing the historical mining data, recent exploration results, and resource estimations. EuroPacific aims to advance the project through infill drilling, soil testing, and geophysics studies, with a focus on expanding the mineral resource estimation and exploring new targets. The CEO emphasizes the value proposition of exploring for critical elements like copper in today's market, positioning the Company for growth and opportunities in the copper sector.
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EuroPacific Metals Inc. appoints Brian Crawford as Chief Financial Officer and Corporate Secretary, replacing Mihai Draguleasa. Crawford brings a wealth of financial expertise and strategic planning experience to drive EuroPacific's growth in Portugal and the Iberian Peninsula.
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Europacific Metals Inc. (TSXV:EUP) plans a 1,000-meter drilling program at the advanced Miguel Vacas Copper project, aiming to confirm the extensions and quality of the oxidized blanket amenable for an open pit heap leaching operation. The immediate goal is to come to market with an initial resource estimation. The company also granted incentive stock options to certain directors, officers, and consultants.
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Europacific Metals Inc. (EUP) has acquired the remaining 30% interest in EVX Portugal from European Electric Metals Inc. The company paid CAD$50,000 and issued 700,000 shares to European Metals. Dr. Chris Osterman, President and CEO, stated that this acquisition gives the company full control over its Portuguese subsidiary, providing better flexibility in seeking association with business partners and investors.
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FAQ

What is the current stock price of IBERO MNG (AUCCF)?

The current stock price of IBERO MNG (AUCCF) is $0.0354 as of November 25, 2024.

What is the market cap of IBERO MNG (AUCCF)?

The market cap of IBERO MNG (AUCCF) is approximately 2.7M.

What is Europacific Metals Inc?

Europacific Metals Inc is a Canadian public company focused on gold and copper-gold projects in Portugal.

What recent achievement has Europacific Metals Inc made?

Europacific Metals Inc awarded a drilling contract to SPI for the Miguel Vacas Copper project.

Where are the exploration properties of Europacific Metals Inc located?

Europacific Metals Inc owns the Borba 2 exploration properties covering 328 sq km in Alentejo, Portugal.

What is the focus of Europacific Metals Inc's drill program?

Europacific Metals Inc's drill program focuses on confirming mineral extensions and assessing the potential of the Miguel Vacas Copper project.

What makes Europacific Metals Inc stand out in the mining industry?

Europacific Metals Inc stands out for its experienced technical teams, ongoing exploration efforts, and commitment to developing valuable mineral resources.

Who is leading Europacific Metals Inc?

Mr. Karim Rayani serves as the Chief Executive Officer of Europacific Metals Inc.

IBERO MNG CORP

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