Alta Copper Corp T.ATCU

Alternate Symbol(s): ATCUF

Metals & Mining Copper

Alta Copper Corp. is a Canada-based copper developer, which is engaged in the acquisition, exploration and development of mineral rights interests. The Company is focused on the development of its 100% owned Canariaco advanced staged copper project. The Canariaco Copper Project is an advanced stage porphyry copper exploration and development project located in Northern Peru. Canariaco comprises about 97 square kilometers of highly prospective land located about 102 kilometers (km) northeast of the City of Chiclayo, Peru, which includes the advanced stage Canariaco Norte deposit, Canariaco Sur deposit and Quebrada Verde prospect, all within a four km NE-SW trend in northern Peru’s mining district. The Company also holds other earlier stage base metal properties located in Peru and Canada. Its other projects include Don Gregorio property, Arikepay Copper-Gold Porphyry Discovery, and Canyon Creek property. Don Gregorio property is a copper-gold porphyry target located in northern Peru.

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Alta Copper Corp

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Post by gmcmachineon Oct 18, 2021 4:25pm

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Post# 34019857

COPPER SPREAD WIDENS TO MOST IN MORE THAN 25 YEARS $4.81/LB

Bloomberg October 18, 2021

Copper Spread Widens to Most in More Than 25 Years on Supply Squeeze

Copper $5/lb is coming and will go much higher.

The spread between cash and three-month futures surged to over $1,000 a ton on the London Metal Exchange on Monday, a premium not seen since at least 1994. The spread has been widening since early October as demand outpaced supply amid dwindling global exchange inventories.

https://www.bloomberg.com/news/articles/2021-10-18/copper-spread-widens-to-most-in-more-than-25-years-on-squeeze

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