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About CopperCorp Resources Inc. (CPCPF)
CopperCorp Resources Inc. (OTCQB: CPCPF) is a mineral exploration and development company focused on unlocking the potential of high-value copper, gold, and rare earth element (REE) deposits in western Tasmania, Australia. The company operates a portfolio of 100% owned properties, including the flagship Razorback Copper-Gold-REE Project, which spans 171 km² within a highly mineralized region adjacent to the historic Mt Lyell copper-gold mining camp. CopperCorp's exploration efforts target Iron Oxide Copper Gold (IOCG) systems, a globally significant deposit type known for their large-scale copper and gold resources.
Core Operations and Strategic Focus
CopperCorp's primary focus is on its Razorback property, where the company has identified multiple high-priority exploration targets, including the Jukes, Hydes, Linda, and South Darwin zones. These targets feature overlapping magnetic, gravity, and IP (Induced Polarization) anomalies, indicative of large-scale mineralization potential. Recent drilling at the Jukes prospect has confirmed significant copper-gold mineralization, with assay results demonstrating promising grades and widths. The company employs advanced geophysical techniques, including 3D magnetic inversion modeling and ground gravity surveys, to refine its exploration strategy and enhance target definition.
Industry Context and Competitive Position
Operating within Tasmania's established mining jurisdiction, CopperCorp benefits from proximity to world-class infrastructure, including rail-to-port networks and renewable energy sources. The region's mining-friendly policies and skilled workforce further support the company's exploration activities. CopperCorp's projects are strategically located along the Cambrian-aged Mount Read Volcanics belt, a geologically significant area hosting several Tier 1 deposits, including the Mt Lyell Cu-Au system and the Rosebery polymetallic VMS deposit. This positioning enhances the company's competitive edge, offering potential for district-scale mineralization.
Exploration Highlights
- Jukes Prospect: Recent drilling intersected broad zones of copper-gold mineralization, with highlights including 50.0m @ 0.66% Cu and 0.27g/t Au. Historical IP data suggests a +700m undrilled strike length, presenting substantial exploration upside.
- Hydes Zone: Features large coincident magnetic and gravity anomalies, with planned IP surveys aiming to delineate drill targets.
- Linda South: Newly granted exploration license EL11/2024 covers 37 km² of highly prospective ground with gravity and magnetic features analogous to known mineralized systems.
Commitment to Exploration Excellence
CopperCorp demonstrates a commitment to rigorous exploration methodologies, leveraging innovative geophysical and geochemical techniques to optimize resource targeting. The company's exploration programs are guided by experienced geologists and supported by a robust financial position, with approximately C$3.5M in working capital as of late 2024.
Why CopperCorp Matters
As global demand for copper and rare earth elements continues to rise, driven by the energy transition and technological advancements, CopperCorp's focus on these critical minerals positions it as a key player in the resource sector. The company's strategic location, advanced exploration techniques, and focus on IOCG systems underscore its potential to deliver significant value to stakeholders.
CopperCorp Resources (TSXV: CPER) (OTCQB: CPCPF) has announced significant developments at its Razorback Copper-Gold-REE property in western Tasmania, Australia. Field crews have successfully located outcropping copper mineralization at the Hydes prospect, where historical BHP surface sampling returned 23.0m @ 0.8% Cu in the 1960s.
The company has initiated ground gravity surveys at the Jukes and Hydes priority target areas, with plans to extend to South Darwin and Linda targets. The surveys will provide higher resolution data at 200m to 400m spacing, improving upon existing 1000m spacings. At Hydes, which remains undrilled, a magnetic pipe feature extends up to 1km vertically, coinciding with a circular gravity anomaly.
Additionally, CopperCorp has engaged ICP Securities for automated market making services at C$7,500 monthly, starting February 18, 2024, for an initial four-month term.
CopperCorp Resources (TSXV: CPER) (OTCQB: CPCPF) has announced updates on exploration activities at its 100% owned Razorback Copper-Gold-REE property in western Tasmania, Australia. The company is initiating detailed ground gravity surveys in mid-February 2025, focusing on the Jukes, Hydes, South Darwin, and Linda target areas.
The company has received permitting approvals for gridding and IP surveys at Jukes and Hydes. Historical data shows significant IP chargeability anomalies at Jukes extending over +700m strike length. The planned pole-dipole IP surveys will provide imaging to depths of 300-400m below surface.
Extensive surface rock sampling programs are ongoing, with over 200 samples collected since January 2025. The exploration targets show similarities to the nearby Mt Lyell Cu-Au system, which contains 3Mt of copper at 1% Cu and 3Moz of gold at 0.3g/t Au.
CopperCorp Resources has announced significant drilling results from its Jukes prospect at the Razorback property in Tasmania, Australia. The key highlight is drill hole JDD002W1, which intersected 50.0m @ 0.66% Cu and 0.27g/t Au from 498.0m, including high-grade zones of 20.0m @ 0.76% Cu and 19.0m @ 0.86% Cu.
The company identified two large zones of anomalous chargeability through historical IP survey data reprocessing, with the western anomaly extending over 550m and the eastern anomaly spanning 700m. The mineralization is associated with intense chlorite-magnetite alteration in dacitic to rhyolitic volcanic host rocks.
The project's location in Tasmania's mining-friendly region offers advantages including existing infrastructure and 100% renewable grid power.
CopperCorp Resources (TSXV: CPER) (OTCQB: CPCPF) has been granted a new exploration licence EL11/2024 (South Linda) in western Tasmania, Australia. The 37km² licence area is located within 2km of the Mt Lyell Cu-Au camp and 2.5km of the Company's Jukes Cu-Au prospect. The new licence expands CopperCorp's Skyline Project to cover 569km² with 92km of combined strike length over the eastern margin of the Mount Read Volcanics.
The licence adjoins the northeastern margin of CPER's Razorback property and is situated over the Linda Transfer Zone structure, which hosts the Mt Lyell Cu-Au system containing 3Mt copper at 1% Cu and 3Moz gold at 0.3g/t Au. The company has completed sampling of drill core from hole JDD002W1 at the Jukes prospect, with all samples now at the laboratory.
CopperCorp Resources (TSXV: CPER) (OTCQB: CPCPF) has reported significant visible copper mineralization in drill hole JDD002W1 at the Jukes prospect, Razorback property in Tasmania. Key intersections include 24.4m of visual copper sulphide from 400.0m downhole and 88.7m of visual copper sulphide from 463.3m downhole, including a 48.2m zone of strong visual copper sulphides. The mineralization consists of chalcopyrite associated with magnetite and pyrite, found in dacitic to rhyolitic volcanic host rocks. The company awaits laboratory assays to confirm actual copper content.
CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) has announced promising results from its first drill hole (JDD001) at the Jukes prospect on its Razorback Copper-Gold-REE property in western Tasmania, Australia. The drill hole intersected a broad zone of copper-gold mineralization assaying 132.0m @ 0.35% Cu and 0.19g/t Au from 72.0m, including three zones of higher-grade mineralization.
Key highlights include:
- 25.0m @ 0.75% Cu and 0.40g/t Au from 72.0m
- 10.1m @ 0.94% Cu and 0.69g/t Au from 128.5m
- 10.0m @ 0.67% Cu and 0.29g/t Au from 194.0m
The company has completed a second drill hole (JDD002) to a depth of 310m and has begun drilling a wedge hole off JDD002. CopperCorp is also developing a new district-scale alteration-mineralization model for the Mt Lyell - Razorback Cu-Au trend, which highlights the prospectivity of four priority exploration target zones in the area.
CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) has been awarded a co-funded grant under the Tasmanian Government's Exploration Drilling Grant Initiative (EDGI) scheme for drilling at the Jukes prospect on its 100% owned Razorback Copper-Gold-REE property in western Tasmania, Australia. The grant allows CopperCorp to apply for a total refund of up to AUD $70,000 from 50% of direct diamond drilling costs incurred in drilling two proposed 200m deep diamond core drill holes.
The company has already commenced diamond drilling at Jukes, with the first drill hole, JDD001, completed to a depth of 214m. A second diamond drill hole, JDD002, has begun from the same pad. These initial drill holes are designed to target depth extensions to high-grade Cu-Au mineralization recently sampled in the historical Jukes No. 3 Main Adit, which yielded 31.0m @ 1.48% Cu and 0.83g/t Au, including 9.0m @ 2.92% Cu and 1.79g/t Au.
CopperCorp Resources has commenced a second diamond drill hole, JDD002, at the Jukes Cu-Au Prospect on its 100%-owned Razorback Copper-Gold-REE property in Tasmania, Australia. The first drill hole, JDD001, was completed to a depth of 214m and intersected zones of chlorite-magnetite alteration rock with sulphide mineralization. Logging and sampling of JDD001 are ongoing, with samples from the priority zone (71-146m) already at the laboratory. The company expects assay results within 2-3 weeks. JDD002 aims to test for mineralization extensions approximately 70m below JDD001 and 120m below historical underground workings. The planned drilling program includes two initial diamond drill holes totaling 400m, targeting depth extensions to high-grade Cu-Au mineralization associated with fault structures. Approvals are in place to drill up to 1,320m from four sites, with potential extensions based on initial results and ongoing work.
CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) has commenced diamond drilling at the Jukes Zone target area on its Razorback Copper-Gold-REE property in western Tasmania, Australia. The initial program consists of 2 holes totaling 400m to test depth extensions of high-grade Cu-Au mineralization. Recent channel sampling results included 31.0m @ 1.48% Cu and 0.83g/t Au. This marks the first drilling at Jukes in almost 40 years. The company aims to explore similarities with the nearby Mt Lyell Cu-Au system and test the hypothesis that NNW-trending fault structures control high-grade mineralization. CopperCorp may extend the program based on initial results and ongoing surface sampling.
CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) has expanded its Skyline Project in western Tasmania, Australia, by acquiring new exploration licences. The expansion includes:
- 65km2 of new exploration licence holdings
- Consolidation of southern tenements into a 332km2 contiguous package
- Total Skyline Project area now 569km2
- Company's total land holding in western Tasmania increased to 1,878km2
The new acquisitions include highly prospective ground near the Mt Lyell Cu-Au camp. CopperCorp plans to start drilling at the Jukes prospect in September. The company has also entered a Digital Marketing Services Agreement with Senergy Communications Capital Inc. for a three-month term at a cost of C$50,000 plus GST.
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