Welcome to our dedicated page for COPPERCORP RESOURCES news (Ticker: CPCPF), a resource for investors and traders seeking the latest updates and insights on COPPERCORP RESOURCES stock.
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.
CopperCorp Resources Inc. announced preliminary assay results from two drill holes, AP026 and AP027A, at the Alpine Stellar Zone in Tasmania. Significant mineralized intercepts included 54.2m at 0.49% Cu and 106m at 0.31% Cu. The mineralized zones extend over a strike length of 700m and show potential for further extension towards the Alpine West target, planned for drilling soon. The company has completed 13 diamond core holes totaling 4,387m, with ongoing drilling to assess continuity and depth of mineralization. Upcoming assay results are expected within 30 days.
CopperCorp Resources Inc. announced preliminary assay results from its first four drill holes at the Stellar Zone in Tasmania, revealing significant copper mineralization. Key findings include:
- AP022: 43m at 0.62% Cu and 31m at 0.25% Cu
- AP023: 17.7m at 0.54% Cu
- AP024: 42.1m at 0.60% Cu
- AP025: 18.3m at 0.59% Cu
The drilling program aims to confirm historical copper grades and explore continuity of mineralization. The company plans to expand its drilling program to 10,000m due to positive results.
CopperCorp Resources Inc. has announced an expansion of its drilling program at the Alpine Prospect in Tasmania from 4,200m to 10,000m to further explore the Stellar zone and new targets. The Company is reviewing initial assay results and conducting soil geochemistry surveys, revealing multi-element anomalies. New 3D geophysical modeling indicates potential for a large-scale Iron Oxide Copper Gold (IOCG) system. CopperCorp is also recruiting additional geoscientists to support exploration efforts across its projects.
FAQ
What is the current stock price of COPPERCORP RESOURCES (CPCPF)?
What is the market cap of COPPERCORP RESOURCES (CPCPF)?
What is CopperCorp Resources Inc.?
Where is the Razorback property located?
What is the financial status of CopperCorp?
What are the high-priority target areas for exploration?