CopperCorp is a well-financed mineral exploration company targeting world class
copper-gold discoveries in western Tasmania, Australia. The company is currently
undertaking a 10,000m drill campaign at the Alpine prospect with on-going drill results and future campaign at Dora prospect.The company controls a whole district of potential prospective ground with a land package of 1400km2 of underexplored fertile geological terranes.
CopperCorp recently announced high-grade copper intercepts at Alpine Stellar Zone, including 10m @ 1.2% Cu and 4.9m of 1.5% Cu in AP030, and 5.0m of 2.06% Cu in AP034, indicate the potential for accumulations of higher-grade copper within the larger Alpine Stellar target area, including to depth. Copper mineralization at the Alpine Stellar zone has now been defined over a strike length of 600m and to a depth of 400m from surface. The mineralization remains open at depth and along strike.
CopperCorp also plans to drill the high priority Dora Zone comprising an approximately 5 km long, NW-trending line of historical exploration workings that comprise polymetallic Cu-Au-(Ag-Zn-Pb-Co) mineralization intermittently outcropping at surface. The mineralization is associated with magnetite and coincident magnetic features interpreted as deep regional fault structures. Based on historical prospecting and exploration, the Company has identified 4 priority target areas at Dora including:
Dora 1: Anomalous assays from outcrop and historical workings occur over a +300m long, approximately 50m wide breccia-matrix mineralized zone. Historical rock sample assays include:
3.2% Cu with 1.44 g/t Au, 42 g/t Ag, 1.7% Zn and 0.85% Pb.
0.2% Cu with 1.9 g/t Au, 16 g/t Ag and 885ppm Co.
Numerous samples ranging 0.25-0.54% Cu, 0.12-0.47 g/t Au, 54-88 g/t Ag, 146-320ppm Co, 0.2-9.6% Zn, 0.4-2.1% Pb.
Dora 2: Adjacent to Dora 1, a +200 m strike zone of historical workings on sulphide-rich veining in altered volcanics occurs. Historical rock sample assay results include:
47.7 g/t Au with 3.85% Cu, 2.25% Co, 250 g/t Ag and 0.46% Pb with visible erythrite (a Co-As oxide mineral).
6.3% Cu with 2 g/t Au, 152 g/t Ag, 0.5% Pb and 0.4% Zn.
0.5% Cu, with 0.8 g/t Au, 115 g/t Ag, 5.5% Zn, and 2.3% Pb.
Dora 3: A zone in excess of 500m, NW-trending line of outcropping mineralization and workings which returned multiple anomalous assays from historical grab rock samples including:
1.03% Cu with 0.4g/t Au, 21g/t Ag and 0.13% Zn.
0.91% Cu with 0.3g/t Au and 11g/t Ag.
0.59% Cu with 0.19g/t Au and 14g/t Ag.
Dora 4, An approximately 800 m long NW-trending line of outcropping mineralization and historical workings with anomalous Cu in historical surface rock chip sampling including:
1.38% Cu with 9.3 g/t Ag
0.78% Cu with 7.0 g/t Ag and 0.23% Pb.
0.68% Cu with 3.4g/t Ag and 0.14% Pb.
0.21% Cu with 0.1g/t Au and 15g/t Ag.
Crescat – 4.2%
Aaron Keay – 12%
Sean Westbrook – 6.3%
Sam Garrett – 5.7%
Ross Beaty – 4.5%
Management Ownership – 36.3%
Stephen Swatton – CEO
Previously CEO of several TSXV junior companies, institutional stock market analyst, former senior geologist at Rio Tinto (Europe)
and global head of commercial at BHP Exploration (Singapore)
Alexander Muir, CFA – Manager, Corporate Development and Investor Relations
Previously held roles at Canaccord Genuity and TMX Group.
We are looking for investors interested in early stage exploration for base metals, particularly copper. We are looking for market support, possible financing in the future and potential joint-venture opportunities. We are currently drilling a new anomalies in Tasmania, Australia.
CopperCorp Intercepts High Grade Copper at Alpine Stellar Zone
CopperCorp Announces Filing of NI 43-101 Technical Report for the EL16/2018 Walford Peak (Skyline Project)
CopperCorp Intersects Intervals of 54.2m @ 0.49% Cu and 106.0m @ 0.31% Cu in Hole AP027A at Alpine, starting 34m down hole
CopperCorp Intersects 43.0m at 0.62% Cu in Initial Drilling at Alpine Stellar Zone
Continue to drill new anomalous zones at Alpine prospect and to drill-test the never drilled before Dora Propsect (within the Skyline Project and situated between 2 major mines in Tasmana, Mt Lyell Copper mine and the Henty gold mine)
Continue reconnaissance and sample programs at prospects of interests. We also plan to continue to drill the Alpine prospect
Work towards resource definition at the Alpine prospect and continue to generate new drill targets at other prospects
The macroeconomic conditions. We also face challenges in educating people about Tasmania as it is not a well-known mining jurisdiction
We are in tier 1 jurisdiction with a prolific mining history and have 1400km2 land package of underexplored ground. Mining represents greater than 50% of Tasmania’s exports and the people are very welcoming to new investment in the region, particularly the northwest where our land holdings are located.
1) We’re in premier mining jurisdiction with good infrastructure and a supportive government
2) We have 1400km2 land package with in an area with known mineralization and mining production
3) A well-experienced management and technical team with strong access to capital