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US Copper Corp V.USCU

Alternate Symbol(s):  USCUF

US Copper Corp. is a Canada-based exploration stage company. The Company has interests in exploration properties in Ontario, Canada and, through wholly owned subsidiaries, has interests in exploration properties in Nevada and California, United States. It controls approximately 13 square miles of patented and unpatented federal mining claims in the Light’s Creek Copper District in Plumas County, NE California; essentially, the entire District. The District contains substantial copper (silver) sulfide and copper oxide resources in three deposits, such as Moonlight, Superior and Engels, as well as several partially tested and untested exploration targets. The Moonlight deposit hosts a current National Instrument 43-101 (NI 43-101) indicated resource of approximately 252 million tons. The Superior Project includes about 132 unpatented mining claims and a lease on 36 patented claims in Plumas County, California. It also owns mining interests in Timore, Warren Whiteside, and Black Warrior.


TSXV:USCU - Post by User

Post by waves1on Nov 12, 2021 6:28pm
153 Views
Post# 34121953

$USCU & the Copper Industry

$USCU & the Copper Industry
Only recently heard about US Copper Corp ($USCU $USCU.v $USCUF) and I'm quite intrigued. 
 
The Moonlight-Superior Copper Project is clearly in a promising district given the past-producing mines producing over 161M pounds of copper.
  • Historical resource estimate of 4 billion pounds of copper
  • Historical production of 161 million pounds of copper at 2.2% grade from 1915 to 1930
  • Copper resource of 1.3 billion pounds of copper Indicated & 1 billion pounds of copper Inferred

Additionally, the Moonlight deposit has a NPV of US$179M after tax at US$3.15/ lb copper price and this is excluding two other deposits which could significantly influence size and value.

Definitely going to be keeping a close eye on $USCU; copper is going to be vital in the fight against climate change, benefitting from both a stronger EV demand and from developing renewable energy. Plus, the growing market deficit will increase copper prices.

https://uscoppercorp.com/wp-content/uploads/2021/06/USCU_Presentation.pdf
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