QC Copper and Gold Inc V.QCCU

Alternate Symbol(s): QCCUF

Metals & Mining Industrial Metals & Minerals

QC Copper and Gold Inc. is engaged in the exploration, development and production of exploration and evaluation assets in Canada. It is focused on developing copper projects in the Chapais-Chibougamau region. The Company’s projects include Opemiska Copper-Gold Property and Roger. The Company's Opemiska Copper-Gold Property is located immediately adjacent to the Town of Chapais and is road accessible with the paved Quebec Highway 113 transecting the Property. The Property is located 40 kilometers (km) west of the Town of Chibougamau and 480 km north of the City of Montreal, Quebec. The Roger project is located approximately five kilometers northwest of Chibougamau, which covers an area of approximately 987-hectares. The Company also owns a 10% interest in the Thierry Copper Mine. Thierry spans 4,670 hectares across 27 mineral leases. The property hosts two past producing open pits that transitioned to underground mining.

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QC Copper and Gold Inc > above 0.2

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Comment by stinkdetectoron Jan 30, 2021 10:43am

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Post# 32428052

RE:RE:RE:RE:above 0.2

Assumung Ex-In never advanced to the PEA / Feasibility study point at Opemiska? Selling to any tier at a significant premium would be great. I can wait around for that :)

QCCU Investor overview outlines differing thesis on the properties -https://qccopper.com/site/assets/files/2670/qc_copper_gold_corporate_presentation_2020_12_29.pdf

Starting premise for QC Copper & Gold was to develop an open cut operation mining high grade veins either left behind or undiscovered by Falconbridge But we had a theory… – What if there is also broad disseminated copper mineralization?

Ex-In drilling showed disseminated copper outside high grade veins
Lower grade material was completely ignored by Falconbridge
Disseminated copper could be mined together with high grade veins via an open cut operation Open cut, bulk tonnage operation could have exceptional economics
This model has been successful in Canada:
Malartic (295Mt @ 1.71 gpt gold; 16.25 Moz)
Detour Lake (636Mt @ 1.00 gpt gold; 20.53 Moz)
Cote Lake (555Mt @ 0.80 gpt gold; 14.02 Moz)