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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
Post by Cibeqon Jan 23, 2013 1:17pm
200 Views
Post# 20878683

Stairway to heaven: Candente

Stairway to heaven: Candente

 

Candente "Inexperience Lambayeque mining would cause suspicion"
Wednesday, January 23, 2013
 
The Canadian mining company has started drilling in the Cañariaco and 260 local people have been hired for this, but yesterday about 150 people tried to take the mining camp in protest.
 
Candente Copper, the Canadian mining exploration drilling has begun on the project Cañaris Cañariaco-district, in Lambayeque, said today that "the fact that no previous mining experience in Lambayeque distrust could have generated a number of residents, so the Ministry of Energy and Mines will conduct workshops on Responsible Mining in the community. "
 
"The authorities said that there is a relationship between some protests Cañaris and anti-mining sectors seeking to avoid investment in Peru, but Canaris many people disagree with that attitude and prefer dialogue. The presence of leaders of the two communities in the District Development Committee demonstrated, "the company said in a statement.
 
This statement refers to the protests of some 150 people who yesterday blocked access roads to the mining camp, although the portfolio on Saturday 19th of Energy and Mines established a Development Committee attended by regional government authorities Lambayeque representatives of communities and Tupac Amaru Canaris, the Municipality of Ferreñafe and Canaris, the National Water Authority, the Ministry of Agriculture, Development and Social Inclusion and other associations.
 
Start of work
"Are scheduled around 11,000 meters of drilling in Cañariaco Norte feasibility and about 4000 meters of exploratory drilling for Cañariaco Sur. To support local employment in drilling and other project activities are conducted on a rotating basis and more than 260 local people have been hired for 130 posts daily, "explained the mining.
 
Regarding the progress of the feasibility studies, Candente noted that one of the rigs in North Cañariaco be devoted to metallurgical and geotechnical work. Three wells is completed metallurgical at depths of 201, 303 and 253 meters, respectively, and there is a fourth drilling is in progress.
 
In southern Cañariaco, detailed the Canadian company, a second drill has completed a well (CS-12-003) with a depth of 528 meters, while a second hole is also in progress (CS-13-004).
 
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