Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Cascadero Copper Corp V.CCD

Alternate Symbol(s):  CCEDF

Cascadero Copper Corporation is a Canada-based integrated mineral exploration and development company. The Company is focused on the exploration and development of its copper, gold and cesium properties located in Salta, Argentina. It holds an interest in 27 mineral properties in the northern area of the Argentine Puna (primarily in the Province of Salta). The Company’s properties include Amarillo, Amarillo Norte, El Oculto Group, Incamayo Norte, Ochaqui Silver, Santa Rosa Group, Taca Taca Group, Taron Group and Viejo Campo. The Amarillo Norte property includes a sedimentary-hosted cesium and silver deposit. The El Oculto group comprises the El Oculto, Centauro, Cerro Lari I and Cerro Lari II properties. The Incamayo Norte property is located approximately 100 kilometers (km) west of the city of Salta, in the Sierra de Cachi portion of the Nevados de Palermo Mountain Range. The Ochaqui property is located at the eastern edge of the Argentine Puna, about 100 km west of Salta city.


TSXV:CCD - Post by User

Comment by Time4changeon Aug 02, 2021 8:27am
195 Views
Post# 33639442

RE:Updates? Actions?

RE:Updates? Actions?On December 2, 2019, the Company and its subsidiaries, CMC and SGSA, entered into an Exploration and Development Earn-in Agreement (the "Earn-In Agreement") with Golden Minerals Company ("Golden"), a public company based in Golden, Colorado. Pursuant to the Earn-In Agreement, SGSA granted Golden the exclusive right to acquire a 51% ownership interest in the Sarita Este Concession by payment of: • A non-refundable payment in cash of $197,881 (US$150,000); • Incurring a total of US$2.5 million of minimum work requirements for exploration and development expenditures; or • By cash payments in lieu of annual work commitments, as follows: (1) US$300,000 in the second year, plus a 2,000-metrecore drilling program on the Concession; (2) US$500,000 in the third year; and (3) the remaining balance of US$1.7 million by the end of the fourth year. Golden has since completed some technical work on the Sarita Este property. The work was divided into three stages: 1) initial data review and compilation, 2) field observations, data collection, sample prep and submittal and 3) data interpretation, data base organization. Golden began an approximate 3000 meter drill program at Sarita Este on June 24, 2021 and have now completed 980 meters of diamond drilling in 5 holes. The fifth hole is still in progress. Golden are primarily targeting a copper porphyry system with some similarities to Taca Taca in the northeastern portion of the Sarita Este claim at the Kachi target and a high sulfidation gold-silver system in the southern portion of the concession at the Sico target. To date one hole to 400 meters depth was completed in the copper target with 3 a second hole now underway. Three holes each to approximately 150 meters depth have been drilled in the goldsilver target. Sample results are pending for all holes.
<< Previous
Bullboard Posts
Next >>