Three Valley Copper Corp V.TVC.H

Alternate Symbol(s): TVCCF

Metals & Mining Copper

Three Valley Copper Corp. is a Canada-based mining company. The Company is focused on its primary asset, Minera Tres Valles (MTV). It operates through two segments: MTV and Corporate. MTV segment is the Company's principal operating business. The MTV mining project, in the Province of Choapa, Chile, which includes fully integrated processing operations and its two main mines, the Don Gabriel open pit mine (Don Gabriel) and the Papomono underground mine (Papomono). MTV is located in the Cretaceous belt of Chile that hosts a large number of deposits. It has over 46,000 hectares to explore with over 100 copper occurrences mapped and 70 artisanal exploitation points. MTV's main assets are the Minera Tres Valles mining complex and its 46,000 hectares of exploratory lands. Its two major deposits, Don Gabriel and Papomono and other known mineralized areas are located in a 10-kilometer-wide corridor of middle to upper Cretaceous volcanic rocks, bounded by north-south-trending faults.

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Three Valley Copper Corp > Three Valley Copper was Sprott Resource Holdings

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Comment by jetfuel10Xon Apr 05, 2022 7:38pm

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Post# 34578657

RE:RE:Three Valley Copper was Sprott Resource Holdings

Notwithstanding these actions, based on MTV's current cash flow forecast, MTV will require additional financing in the next several months. Three Valley Copper currently maintains working capital of approximately $7-million (U.S.) separate from MTV but this is not sufficient to finance the expected financing gap at MTV and finance the company's continuing corporate requirements. Three Valley Copper is reviewing its alternatives while preserving its cash resources.

jetfuel10X wrote:

nickbillfish wrote: I see many posts about assets and liabilities. Remember it was only a name change from Sprott Resource Holdings or SRHI (name after Sprott exited) to Three Valley Copper to emphasize its main asset. Sprott Resource, was set up by Sprott Inc as a M&A focusing on small commodity companies. They still own a share of an iron ore asset and I believe have 1 payment coming for the sale of Beretta Farms. The last bought deal raised funds at the corporate level to be used on the mine or MTV which TVC has 95.1% ownership. In many presentations they have stated TVC is not responsible for MTV's liabilities.