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Alta Copper Corp. T.DNT


Primary Symbol: T.ATCU

ALTA COPPER CORP. IS AN EMERGING COPPER DEVELOPER ADVANCING WITH THE GLOBAL SHIFT TOWARD ELECTRIFICATION AND DECARBONIZATION. Alta Copper Corp. is focused on the development of its 100% owned Cañariaco advanced staged copper project. Cañariaco comprises 97 square kilometers of highly prospective land located 150 kilometers northeast of the City of Chiclayo, Peru, which include the Cañariaco Norte deposit, Cañariaco Sur deposit and Quebrada Verde prospect, all within a 4km NE-SW trend in northern Peru¿s prolific mining district. Cañariaco is one of the largest copper deposits in the Americas not held by a major.


TSX:ATCU - Post by User

Bullboard Posts
Comment by ccrfmacon Jan 16, 2013 1:01pm
233 Views
Post# 20845725

Well, theRE: RE: social unrest continues and inten

Well, theRE: RE: social unrest continues and inten

Well, the picture accompaniying the news is not about the protest. If you do not understand spanish, the news says that the about 2,000 'ronderos' from cajamarca (from provinces close to Cañaris, Lambayeque ) will march with the people of Cañaris on Sunday 20th against the development of Cañariaco. The protests and marchs will begin that day according to the news. So, don´t be mistaken, the picture has nothing to do with the protests, they haven´t started yet. Cañariaco is an excellent project but has one very big problem: apparently the majority of the people is against it. This is defintely a political issue and there are many stakeholders involved: the community (some people are in favor of the mine), the central and regional govermnments (also in favor of DNT), etc. We wil have to wait and see how the government and the company handle this issue. This is not the first time that these issues occur in Peru and there are examples of conflicts thatt were solved after negotiations among oll the parties involved: Anglo American's Quellaveco, Xstrata's Antapacay, etc.Wait and see.

Bullboard Posts