Alta Copper Corp T.ATCU

Alternate Symbol(s): ATCUF

Metals & Mining Copper

Alta Copper Corp. is a Canada-based copper developer, which is engaged in the acquisition, exploration and development of mineral rights interests. The Company is focused on the development of its 100% owned Canariaco advanced staged copper project. The Canariaco Copper Project is an advanced stage porphyry copper exploration and development project located in Northern Peru. Canariaco comprises about 97 square kilometers of highly prospective land located about 102 kilometers (km) northeast of the City of Chiclayo, Peru, which includes the advanced stage Canariaco Norte deposit, Canariaco Sur deposit and Quebrada Verde prospect, all within a four km NE-SW trend in northern Peru’s mining district. The Company also holds other earlier stage base metal properties located in Peru and Canada. Its other projects include Don Gregorio property, Arikepay Copper-Gold Porphyry Discovery, and Canyon Creek property. Don Gregorio property is a copper-gold porphyry target located in northern Peru.

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Alta Copper Corp

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Comment by PAiron Aug 24, 2011 8:40am

353 Views

Post# 18973962

RE: RE: Potential

Canariaco Norte has 7.5B lbs M&I and 9B if you add inferred. We are looking at over 10B with equivalent gold & silver.

As for a hostile bid, that is one reason why the SRP will be voted on.

If there is no purchase of CN, I doubt more drilling is the answer. We already know what CN contains. CS can add to the deal, but would not be a requirement for a buyer IMO. If CN is not sold, the next step is going it alone or with a smaller partner. That is not the preferred option but it had to be one of the possibilities when they started. But I don't think we will get to that point.

jmho

P-Air

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