TSXV:USCU - Post Discussion
Post by
waves1 on Nov 12, 2021 6:28pm
$USCU & the Copper Industry
Only recently heard about US Copper Corp ($USCU $USCU.v $USCUF) and I'm quite intrigued.
The Moonlight-Superior Copper Project is clearly in a promising district given the past-producing mines producing over 161M pounds of copper.
- Historical resource estimate of 4 billion pounds of copper
- Historical production of 161 million pounds of copper at 2.2% grade from 1915 to 1930
- Copper resource of 1.3 billion pounds of copper Indicated & 1 billion pounds of copper Inferred
Additionally, the Moonlight deposit has a NPV of US$179M after tax at US$3.15/ lb copper price and this is excluding two other deposits which could significantly influence size and value.
Definitely going to be keeping a close eye on $USCU; copper is going to be vital in the fight against climate change, benefitting from both a stronger EV demand and from developing renewable energy. Plus, the growing market deficit will increase copper prices.
https://uscoppercorp.com/wp-content/uploads/2021/06/USCU_Presentation.pdf
Be the first to comment on this post