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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 StockHawk1on Mar 02, 2022 5:24pm
101 Views
Post# 34476858

USCU DD

USCU DD

For all those into copper, I think this company could be very undervalued right now. US Copper Corp ($USCU.V $USCUF) is a junior exploration and development company that is focused on advancing its Moonlight-Superior Copper Project (Plumas County, California) to the production stage.


The Moonlight-Superior project contains copper sulfide and copper oxide resources with silver and gold credits in three deposits (Moonlight, Superior and Engels)


In 2018 a PEA at the project demonstrated positive economics at US$3 copper for the Moonlight deposit, which has an indicated resource of 252M tons at 0.25% copper and an inferred resource of 109M tons at 0.24% copper. 


Additionally, $USCU is currently preparing for a drill program to include the smaller, but higher-grade Superior & Engels deposits.


The Engels deposit has an unconfirmed historical resource of 19M  tons at 0.63% copper sulfide at surface and the Superior deposit has a NI 43-101 resource of 54M tonnes at 0.41% copper.


Considering all this I think $USCU is a steal at its current price of $0.07/share (MC is $7.851M)


More here: https://uscoppercorp.com/project/

 
 

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