CopperCorp Resources Inc.
Primary ticker: TSXV: CPER, OTCQB: CPCPF
Stage of development: Exploration
Primary minerals: Copper
Project to promote: Skyline Project (Razorback Property)
Project location: Tasmania, Australia
Website: https://coppercorpinc.com/
CopperCorp is focused on the exploration and development of its copper-gold-REE assets in western Tasmania, Australia.
The current focus is an exploration and drilling program at its Razorback Cu-Au property 10km south and on trend from the 100 year old highly prospective Mt Lyell copper mine (Sibanye).
This is the first drilling in over 45 years and is focused on different criteria than previously. The recent intersections from the first two holes range between 0.5-5.41% CuEq. These grades are higher than locations with PFS stage assets in other less desirable political jurisdictions worldwide.
Cash: CAD2.1M
Debt: /
Financials
Management Profile
Stephen Swatton
25 years in the exploration and resource business, 6 years with BHP, 7 years with Rio Tinto, Lundin Mining Group, institutional stock market analyst, and CEO of several juniors including Fortress Minerals (which became Lundin Gold), Brazil Resources (Gold Inc), and K2 Gold. Most of Steve’s career was employed in search for either copper or gold, discovered gold deposit in Greece (now El Dorado) in 1990’s and helped raise over $1B as an analyst.
What is your rationale for taking part in 121 Mining Investment?
Create more awareness for the company and attract investors to participate in this new copper discovery. Considering an IPO in Australia.
What recent news would you like to highlight to investors attending?
October 15, 2024 – Intersected 132m @ 0.35% Cu & 0.19g/t Au
December 19, 2024 – Intersected broad copper-gold mineralized system at Jukes prospect
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Complete gravity & IP surveys at Jukes and Hydes prospects in preparation for drilling planned to commence in May.