World Copper Ltd V.WCU

Alternate Symbol(s): WCUFF

Metals & Mining Copper

World Copper Ltd. is a Canada-based exploration stage junior mining company, which is engaged in the identification, acquisition and exploration of mineral resources in Chile and the United States. The Company has one operating segment, being the mineral resource industry with its exploration and evaluation assets in the United States and Chile. It is focused on the exploration and development of its copper porphyry projects: Zonia in Arizona, and Escalones in Chile. The Zonia property is in the southern part of the Basin and Range Transition province of the North American Cordillera. The Escalones copper porphyry project lies 35 kilometers (km) east of El Teniente. The Escalones copper porphyry project has Inferred resources of 426 million tons of 0.367% copper, based on nearly 25,000 meters of drill core from 53 holes.

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World Copper Ltd

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Post by Betteryear2on Apr 21, 2022 8:26am

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Post# 34619422

World Copper Signs Letter of Intent

Vancouver, British Columbia--(Newsfile Corp. - April 21, 2022) - World Copper Ltd. (TSXV: WCU) (OTCQX: WCUFF) (FSE: 7LY0) ("World Copper" or the "Company"), announces that its wholly-owned Chilean subsidiary has signed a non-binding Letter of Intent (as defined below) with Desaladora Rosario SpA ("DESALA") for the construction of a pipeline, which will provide a desalinated seawater supply alternative for the Company's flagship Escalones project in Central Chile ("Escalones" or the "Escalones Project"). DESALA develops water desalination projects using reverse osmosis technologies that allows for the production of high-quality fresh water, free of boron and other chemicals, suitable for human consumption, irrigation and mining operations (see about DESALA below). The Company's intention is to partner with DESALA to contribute to an effort of reducing the negative effects of climate change that affect many communities in Chile, as well as to secure a climate-conscious, sustainable water supply for future development of the Escalones Project.

https://www.newsfilecorp.com/release/121121