TSXV:WCU - Post Discussion
Post by
JasleenDhaka on Apr 12, 2023 4:58pm
World Copper has released an updated resource estimate
World Copper (TSXV: WCU) has released an updated resource estimate on their Zonia copper oxide project in Arizona, with resources increasing by 54% to 1.03 billion pounds of copper. While grades have declined by 16%, we believe the increase in resources more than makes up for it. WCU is also making moves to expand its resources even further with plans for a 5,000-meter drill program and an updated Preliminary Economic Assessment (PEA) later this year. Plus, there's the potential for even more growth with additional resource expansion drill programs and a Pre-Feasibility Study (PFS) planned for their Escalones project in Chile. Despite the growth potential, WCU is currently trading at just 1.6% of the combined AT-NPV8% of Escalones and Zonia, using US$3/lb copper, which is a significant discount compared to the sector average. Find out the upcoming catalysts for World Copper Ltd. in the full report now available to all investors: https://www.researchfrc.com/world-copper-ltd-tsxv-wcu-otcqx-wcuff-expands-copper-resources-trading-at-1-6-of-npv/ *FRC provides issuer-paid coverage. *Past performance is not indicative of future results.
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