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CopperCorp Resources Inc. (CopperCorp) is a mineral exploration company focused on its Razorback property in western Tasmania, Australia. The company recently commenced its 2024 exploration program, including diamond drilling activities. The Razorback property is strategically located near Mt Lyell, a prominent copper mine in the region. CopperCorp aims to explore high-priority target areas such as the Jukes, Hyde, and Darwin zones. The company boasts a strong financial position with approximately C$5.5M in working capital as of January 10, 2024.
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CopperCorp Resources Inc. has confirmed high-grade copper-gold potential at the Jukes Cu-Au prospect in Tasmania. Results from historical underground sampling show significant mineralization with high-grade intervals. The magnetic data indicates potential for a large-scale mineralization system. The company has received permitting approvals for an initial drill program and is set to commence drilling at the high-grade Jukes prospect.
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CopperCorp Resources Inc. provides an update on its diamond drilling campaign at the Razorback rare earth and copper property in Tasmania, Australia. The first drill hole, SDD007, aims to test high-grade REE-Cu mineralization below historical hole SDD005. Assay results are pending, with first gold results expected in 1-2 weeks and prioritized REE results in 3-4 weeks.
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CopperCorp Resources Inc. has announced the commencement of its 2024 exploration program, starting with diamond drilling at its Razorback rare earth and copper property in western Tasmania, Australia. The company plans to complete up to 5,000m of diamond drilling in 2024 and intends to drill-test other highly ranked prospects in its portfolio. With $5.5M in working capital, all of CopperCorp's projects are located within the highly prospective mining district of western Tasmania. The current drilling campaign has commenced at the Darwin Zone target area, and the CEO expressed excitement for the 2024 exploration program, highlighting the positive outlook for copper and critical metals such as REEs at this moment in time.
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CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) appoints Jason Bahnsen, a Canadian/Australian mining engineer and corporate finance executive with over 30 years of experience in the global resource sector, as an independent Director. His expertise in project development, operations supervision, investment banking, and leadership roles will enhance the company's leadership and evaluation skills for future projects.
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CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) announces high-grade rare earth element (REE) mineralization at its Razorback property in western Tasmania, Australia. The preliminary assay results confirm up to 18.58% total rare earth oxides (TREO) in outcrop, with significant widths of REE mineralization confirmed by resampling of historical drill core at Darwin prospect. The company has engaged REE expert Dr. Phillip Hellman as an advisor and received permits for surface geological work and exploration diamond drilling programs. The announcement aligns with Australia's critical minerals strategy and the global demand for REEs, indicating the potential for significant future developments.
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CopperCorp Resources provides exploration update on Whisky Creek project in Tasmania
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CopperCorp Resources Inc. appoints Sean Westbrook as a Director, signaling an upcoming exploration and drilling program in Q4 2023/Q1 and Q2 2024.
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CopperCorp Resources granted new exploration license in Tasmania, Australia
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CopperCorp reports positive assay results from scout drilling program at Dora prospect in Tasmania, Australia. Best intercepts include 29.0m @ 0.18% Cu, 4.0m @ 0.46% Cu and 0.12g/t Au, and 31.4g/t Ag from D3-001. Further exploration work planned. Company holds dominant land position in the area.
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CopperCorp Resources Inc. announces its subsidiary, Georgina Resource Pty Ltd, has been awarded exploration licence EL8/2023 (Razorback Project) in western Tasmania, Australia. The project area is highly prospective for rare earth element (REE) and iron oxide-copper-gold (IOCG) mineralization. The licence adds 171km2 to the Company's exploration licence holdings, bringing the total to 1,571 km2. CopperCorp plans to advance exploration at Razorback and follow up on significant copper-gold and rare earth surface showings and intercepts.
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FAQ
What is the current stock price of COPPERCORP RESOURCES (CPCPF)?
The current stock price of COPPERCORP RESOURCES (CPCPF) is $0.10905 as of December 24, 2024.
What is the market cap of COPPERCORP RESOURCES (CPCPF)?
The market cap of COPPERCORP RESOURCES (CPCPF) is approximately 12.7M.
What is CopperCorp Resources Inc.?
CopperCorp Resources Inc. is a mineral exploration company focused on its Razorback property in western Tasmania, Australia.
Where is the Razorback property located?
The Razorback property is situated in western Tasmania, near Mt Lyell, a major copper mine in the region.
What is the financial status of CopperCorp?
As of January 10, 2024, CopperCorp has approximately C$5.5M in working capital.
What are the high-priority target areas for exploration?
CopperCorp's exploration efforts are concentrated on the Jukes, Hyde, and Darwin zones within the Razorback property.
What is the focus of CopperCorp's 2024 exploration program?
The 2024 exploration program includes diamond drilling activities to investigate the mineral potential of the Razorback property.
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