With the rise of electrification and EVs, the Copper Market is on track to experience remarkable expansion and is anticipated to achieve a significant value of USD 10.53 Billion by 2027. Projections suggest an impressive Compound Annual Growth Rate (CAGR) of 5.8% in the forthcoming years.
Source: https://www.verifiedmarketresearch.com/product/copper-market/
Interra Copper Corp. (Ticker: IMCX.C or IMIMF for US investors) is strategically positioning itself to benefit from the growing copper market by building a portfolio of three highly promising copper projects located within Chile's renowned Copper Belt: namely, the Tres Marias, Zenaida, and Pitbull Projects. These projects have been carefully chosen to align with regions of substantial ongoing copper production activities.
IMCX's flagship project, Tres Marias, is situated within the early Cenozoic Metallogenic Belt, indicating the presence of Porphyry Copper deposits. Additionally, the property encompasses diverse mineralized systems, including polymetallic skarn, carbonate replacement, Manto-style Copper, sediment-hosted gold-silver, as well as various epithermal silver-gold-base metal deposit types.
IMCX recently completed a drilling campaign at Tres Marias which involved drilling 1,896 meters in 6 Reverse Circulation (RC) boreholes. The primary focus of this drilling campaign was directed toward the eastern target zone of the project.
The release of drilling results was anticipated in early August, implying that they could be delivered very soon.
Full Press Release: https://www.interracoppercorp.com/news-releases/interra-copper-announces-completion-of-its-phase-1-drilling-program-at-the-tres-marias-copper-project-in-chile/ Posted on behalf of Interra Copper Corp.