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US Copper Corp V.USCU

Alternate Symbol(s):  USCUF

US Copper Corp. is a Canada-based exploration stage company. The Company has interests in exploration properties in Ontario, Canada and, through wholly owned subsidiaries, has interests in exploration properties in Nevada and California, United States. It controls approximately 13 square miles of patented and unpatented federal mining claims in the Light’s Creek Copper District in Plumas County, NE California; essentially, the entire District. The District contains substantial copper (silver) sulfide and copper oxide resources in three deposits, such as Moonlight, Superior and Engels, as well as several partially tested and untested exploration targets. The Moonlight deposit hosts a current National Instrument 43-101 (NI 43-101) indicated resource of approximately 252 million tons. The Superior Project includes about 132 unpatented mining claims and a lease on 36 patented claims in Plumas County, California. It also owns mining interests in Timore, Warren Whiteside, and Black Warrior.


TSXV:USCU - Post by User

Post by partystockeron May 18, 2022 12:07pm
66 Views
Post# 34692541

Current Copper Prices Greatly Improve $USCU.v's Potential

Current Copper Prices Greatly Improve $USCU.v's Potential

Stoked to hear updates from US Copper Corp (TSXV: USCU) on drilling at the Moonlight-Superior project!


Drilling is set to target an 800’ x 400’ x 700’ envelope of open-pit grade copper mineralization surrounding the historic Engels Mine. 


In $USCU.v’s PEA prepared for the project, it was proven economically positive at a copper price of $3.15. This price has long since been surpassed, with copper currently selling at $4.17.


$USCU.v is currently trading at a steep discount at $.045 and is valued at $72.99 million.


https://twitter.com/US_copper/status/1526178167081545730

 
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