Coppernico Metals Inc CPPMF

Primary Symbol: T.COPR

Metals & Mining Industrial Metals & Minerals

Coppernico Metals Inc. is a Canada-based exploration company, which is principally engaged in the acquisition and exploration of mineral property interests. The Company is focused on exploration and discovery of copper-gold deposits in the Americas. The Company’s primary asset is the Sombrero copper-gold district located in southern Peru. The Sombrero district, which includes the Company’s flagship Sombrero project plus its ancillary concessions, covers approximately 103,000 hectares in which it holds direct and indirect interests through a combination of staking and option agreements. The Sombrero concessions are comprised of approximately 103,000 hectares located about 340 kilometers SE of Lima in southern Peru. The concessions are hosted in the northwestern extension of the Andahuaylas-Yauri belt. The principal targets at Sombrero are copper-gold skarn, porphyry systems and precious metal epithermal deposits. The Company’s subsidiary is Sombrero Minerales, S.A.C.

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Coppernico Metals Inc > Caring & Sharing

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Comment by geezer21on Apr 21, 2022 11:42am

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Post# 34620372

RE:RE:Caring & Sharing

"0.24% grade. Not very good. With the cost that are going up sharply, this will generate negligeable margins"

Not good for an underground mine or for a plant running on diesel or for a plant without economies of scale or for an inefficent plant or for a plant in high risk jurisdiction or a plant lacking easy transportation to market.

CMMC is none of that. 0.24% is good.

CMMC is a large scale low cost open pit in a safe jurisdiction running on electricity with a modern efficient plant and close to shipping.

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