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Interra Copper Corp C.IMCX

Alternate Symbol(s):  IMIMF

Interra Copper Corp. is a Canada-based junior exploration and development company. The Company is engaged in exploration and development of early-stage copper assets located in Chile and Northern British Columbia. The Company's portfolio includes three copper projects located the Central Volcanic Zone, within a prolific Chilean Copper belt: Tres Marias and Zenaida in Antofagasta Region, and Pitbull in Tarapaca Region. The Company also owns two exploration projects in Northern British Columbia: Thane and Chuck Creek. The Tres Marias Project is located 1,150 kilometres (kms) north of Chile’s capital city of Santiago, in the Antofagasta Region II. Pitbull Project is located 1,405 kms north of Chile’s capital city of Santiago, in the Tarapaca region. The Zenaida project is located 1,335 kms north of the capital city of Chile, Santiago. The Thane property is located in the Quesnel Terrane of north-central British Columbia. The Chuck Creek Property is situated in central British Columbia.


CSE:IMCX - Post by User

Post by MarketMakersson Jun 29, 2023 4:02pm
44 Views
Post# 35521100

New Board of Director Appointments

New Board of Director Appointments
The Chilean copper miner Marimaca (MARI) has received a $20M investment from Mitsubishi, signalling a boost in confidence for the Chilean copper mining industry: https://www.globenewswire.com/news-release/2023/06/21/2691840/0/en/Marimaca-Announces-C-20-Million-Strategic-Investment-from-Mitsubishi-Corporation.html

Indicating a growing interest in both the industry, this is a notable milestone for the Chilean copper mining sector and is expected to have a positive impact on other companies in the region. 

Among the companies this is set to impact, Interra Copper (IMCX.c IMIMF) stands out as an early-stage investment opportunity in the copper space, having recently initiated a drill program at its flagship Tres Marias Copper Project in Chile.

Located on the Chilean Copper Belt which accounts for 28% of the world's copper production per year, the 16,000 hectares project is in close proximity to several of the world's largest mines including BHP Billiton (BHP), Antofagasta Minerals (ANTO), Glencore (GLEN) as well as Freeport-McMoRan (FCX), who IMCX acquired Tres Marias from.

In recent news, IMCX's shareholders elected Mike Ciricillo, a mining executive with over 30 years of operational and project experience, Dr. Mark Cruise a professional geologist with over 27 years of international exploration and mining experience, as well as Rich Levielle who has a lifetimes worth of experience in the mining sector, to their Board of Directors. 

Paul Robertson, with 20 years of accounting, auditing and tax experience, was additionally appointed as the company's CFO. 

Having returned from a site visit to Tres Marias, IMCX CEO Chris Buncic details the progress being made at the project and gives a timeline on its 2023 drill program in this interview: https://www.youtube.com/watch?v=WSaoll3Umkw&ab_channel=ZimtuCapital
Posted on behalf of Interra Copper Corp
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