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QC Copper and Gold Inc QCCUF


Primary Symbol: V.QCCU

QC Copper and Gold Inc. is engaged in the exploration, development and production of exploration and evaluation assets in Canada. It is focused on developing copper projects in the Chapais-Chibougamau region. The Company’s projects include Opemiska Copper-Gold Property and Roger. The Company's Opemiska Copper-Gold Property is located immediately adjacent to the Town of Chapais and is road accessible with the paved Quebec Highway 113 transecting the Property. The Property is located 40 kilometers (km) west of the Town of Chibougamau and 480 km north of the City of Montreal, Quebec. The Roger project is located approximately five kilometers northwest of Chibougamau, which covers an area of approximately 987-hectares. The Company also owns a 10% interest in the Thierry Copper Mine. Thierry spans 4,670 hectares across 27 mineral leases. The property hosts two past producing open pits that transitioned to underground mining.


TSXV:QCCU - Post by User

Post by Vudu52on Mar 01, 2021 1:48pm
178 Views
Post# 32686667

Similarities with Canadian Malartic and Detour Lake

Similarities with Canadian Malartic and Detour LakeBoth mines were not new discoveries, like Opemiska.  Both projects had a well known open pit potential but limited drilling to prove the open pit concept.   The old miners were focused on the underground concept.  Both mines benefited from a rising gold price to put the open pit concept forward and drill the resource aggressively.  It was all a question of timing.

I see the same thing with Opemisaka.  We have a rising copper price and are drilling a known resource.   Does it looks similar?  Having invested in both Osisko and Detour, I can tell you yes.

I think this project really has good attributes for an open pit mine.  The mineralisation hits surface, good for early production without stripping for years.  The intersects are large, confirming easy open pit mining.  The best is the localisation.  Lots of $$$ can be saved.  Cheap electricity also.  No camp.  How many large copper projects have this advantage.  Not too many.  
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