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CopperCorp Resources Inc V.CPER

Alternate Symbol(s):  CPCPF

CopperCorp Resources Inc. is a Canada-based company, which is focused on the exploration and development of its Alpine copper prospect and Razorback copper rare earths located in western Tasmania, Australia. The Company's projects include AMC Project and Skyline Project. The AMC Project is located in West Tasmania and consists of mineral tenements totaling around 1066 square kilometers (km2). The principal target metal, copper, is hosted in what are probably iron oxide-copper-gold (IOCG) style deposits which are common in Australia. The AMC Project includes Alpine Prospect and Japser Hills Prospect. The Skyline Project includes Razorback prospect as well as the Walford Peak and High Tor properties, which cover a combined area of approximately 504 km2. The Skyline Project area is a highly prospective for IOCG and rare earth element deposits. The Razorback prospect covers approximately 171 km2 and has identified three high-priority exploration target areas: Jukes, Hyde and Darwin zone.


TSXV:CPER - Post by User

Post by StockHawk1on Jan 26, 2022 5:04pm
118 Views
Post# 34364245

CPER has $10M cash to explore properties

CPER has $10M cash to explore properties

CopperCorp Resources ($CPER.V) is currently up 5.77% and I think it could continue to be bullish.


If you haven't heard of $CPER before, it is a mineral exploration company that owns multiple copper exploration projects in western Tasmania (Australia) which is a tier-one mineral jurisdiction. 


Its flagship project is the Alpine Copper Project and it also owns the Skyline Property which is quite close to Alpine. 


$CPER has already commenced drilling on the Apline Project which along with historical drilling data has confirmed copper mineralization at the project. 


The Skyline Property is only 100km away from the Alpine project and $CPER announced that it plans to start preliminary exploration at this site in Q1 2022. 


The recent closing of $CPER's IPO led to gross proceeds of $5 Million. Including these proceeds, $CPER has about $10.9 M cash to advance its exploration programs. 


$CPER @ $0.55, MC $36.424M


More here: https://finance.yahoo.com/news/coppercorp-announces-exploration-investor-relations-120000904.html

 
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