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Coppernico Metals Inc CPPMF


Primary Symbol: T.COPR

Coppernico Metals Inc. is a Canada-based exploration company, which is principally engaged in the acquisition and exploration of mineral property interests. The Company is focused on exploration and discovery of copper-gold deposits in the Americas. The Company’s primary asset is the Sombrero copper-gold district located in southern Peru. The Sombrero district, which includes the Company’s flagship Sombrero project plus its ancillary concessions, covers approximately 103,000 hectares in which it holds direct and indirect interests through a combination of staking and option agreements. The Sombrero concessions are comprised of approximately 103,000 hectares located about 340 kilometers SE of Lima in southern Peru. The concessions are hosted in the northwestern extension of the Andahuaylas-Yauri belt. The principal targets at Sombrero are copper-gold skarn, porphyry systems and precious metal epithermal deposits. The Company’s subsidiary is Sombrero Minerales, S.A.C.


TSX:COPR - Post by User

Post by Rational43on Feb 19, 2021 1:04pm
441 Views
Post# 32610847

For another undervalued copper idea

For another undervalued copper ideaY'all know I love the Copper Mountain, for a long time my largest position (frankly WAY TOO MUCH of my portfolio for a while) but for a more risky, but crazy upside I have fallen for a gambler's piece of Trigon Metals (V.TM).

Kombat copper/silver mine in Namibia, shut down in 08' due to lower prices and liquidity issues.
2% copper, some silver, and $100M in infrastructure that is mostly in good state, obviously some components will need to be replaced.  
Rail access to coast, a lot of the costly parts done for a 1000 TPD mill.  

Recently integrated a lot of coring work that was done, and expanded the resource (NI-43-101) from 7 MT to 39MT.
Also purchased the land offsetting and along trend with Kombat a few weeks ago.
Languishing at low levels, but if you run some basic economics this thing has high multi-bagger potential.
Be interested in some of the other knowledgable mine people on here giving an opinion, here or to me directly if you'd like.

Disclaimer:  I could be an idiot, do your own due dilligence
 
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