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Li3 Lithium Corp. (WTCRF) is a company focusing on hard rock spodumene lithium assets in Zimbabwe and Argentina. Recent achievements include filing a technical report for the Mutare Lithium Project in Zimbabwe. The project consists of 66 claims covering 26.955 km2 of mineralized Mutare Greenstone Belt. Li3 Lithium entered into a joint venture agreement with Premier African Minerals for exploration work. They are now shifting focus to copper, specifically the Northern Lights Copper Project in Nevada, which shows promise of high-grade copper mineralization.
Global Copper Corp. (TSXV: CUCU) has announced two key appointments to strengthen its leadership team. Dr. Nathan Chutas, a professional geologist with over 20 years of experience, has joined the Board of Directors. His extensive copper exploration expertise aligns with the company's renewed focus on copper projects. Additionally, Scott Davis has been appointed as Chief Financial Officer, bringing significant financial management experience in publicly-listed companies.
The company's flagship project is the 100%-owned Northern Lights Copper Project in Nevada, located near the producing Pumpkin Hollow copper mine. The project shows promising copper mineralization at the surface, with historic reports suggesting high-grade copper extending to depth. Global Copper aims to confirm the deposit model through additional exploration and drilling to define a mineable high-grade copper deposit.
Global Copper Corp (TSXV: CUCU) has initiated a soil and rock geochemical sampling survey on its 100%-owned Northern Lights Copper Project in Nevada. The 485-hectare property has shown copper mineralization grading 3% to 12% Cu in historic reports, with recent sampling confirming 1% to 19% Cu over widths up to 4 meters at the surface.
The company also announced an option agreement to acquire the Silver Vista Property in British Columbia. This copper/silver property recently yielded drill results including 0.62% copper and 48 g/t silver over 46 meters.
These initiatives align with Global Copper's strategy to focus on copper exploration and project development in response to the anticipated growth in copper demand due to the energy transition.
Li3 Lithium Corp. (TSXV: LILI) (FSE: WD9) has announced a name change to Global Copper Corp., approved by shareholders on August 22, 2024. The company's common shares are expected to start trading under the new name and ticker symbol CUCU on the TSX Venture Exchange around September 12, 2024. A new CUSIP number has been obtained, but existing shareholders do not need to take any action regarding the name change. Share certificates will remain valid and will not require exchange. The company encourages shareholders with questions to contact them or discuss the change with their broker.
Li3 Lithium Corp (TSXV: LILI) announced shareholder approval for a name change to Global Copper Corp (new symbol: CUCU), reflecting its focus on copper exploration. The company has initiated a geochemical sampling survey on its 100%-owned Northern Lights Copper Project in Nevada, covering 485 hectares.
Key points:
- Historic small-scale copper production in early 1900s
- Recent sampling shows 1% to 19% Cu over widths up to 4 meters at surface
- Two-phase exploration program planned, including EM survey and drilling
- Project located 25 km from Yerrington, Nevada, near Nevada Copper's Pumpkin Hollow mine
- Company aims to capitalize on increasing copper demand due to energy transition
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