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Alta Copper Corp. T.DNT


Primary Symbol: T.ATCU

ALTA COPPER CORP. IS AN EMERGING COPPER DEVELOPER ADVANCING WITH THE GLOBAL SHIFT TOWARD ELECTRIFICATION AND DECARBONIZATION. Alta Copper Corp. is focused on the development of its 100% owned Cañariaco advanced staged copper project. Cañariaco comprises 97 square kilometers of highly prospective land located 150 kilometers northeast of the City of Chiclayo, Peru, which include the Cañariaco Norte deposit, Cañariaco Sur deposit and Quebrada Verde prospect, all within a 4km NE-SW trend in northern Peru¿s prolific mining district. Cañariaco is one of the largest copper deposits in the Americas not held by a major.


TSX:ATCU - Post by User

Comment by ac2022on Jan 18, 2023 1:42am
159 Views
Post# 35229793

RE:CANDENTE COPPER VOTE YES

RE:CANDENTE COPPER VOTE YESI can only underline all the points mentioned.

Fortescue is a potential buyer with deep pockets and can certainly shoulder a larger CAPEX. The

originally larger CAPEX variant only affected North and was USD 1.5 billion. Now, with the help of

the drilling, South is to be included in the CAPEX.
Ultimately, this means even more cost-

effectiveness.
Once Norte is finally completed and South is included in the larger CAPEX, I think

we can expect an offer from Fortescue.
The future price development for copper, gold, silver and

molybdenum makes the already very attractive deposits in Canariaco even more attractive.


All in all, a clear yes to the current financing by Fortescue.

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