Interra Copper Corp C.IMCX

Depletion of global copper stockpiles by August 2023

[MarketMakerss]

Today, Financial Times shared Goldman Sach's forecast on Copper that if we continue on the present trend, we are headed for the depletion of global copper stockpiles by August, emphasizing the significant need for new sources of copper.
 

Robert Friedland, Legendary Billionaire, Copper investor and founder of Ivanhoe Mines: https://twitter.com/robert_ivanhoe/status/1639267772130623492?s=46&t=VOjRr4gSKkwfuPOv-Jj5kA

Having recently signed a definitive business combination agreement with Alto Verde Copper to acquire all issued and outstanding shares, Interra Copper (IMCX. IMIMF) is strategically positioned to potentially become a new leading copper supplier.
 

This is an important transaction as Alto Verde has a significant land package totalling 16,250 hectares with 3 highly prospective exploration assets on the Chilean copper belt.
 

Notably, the properties are in close proximity to several of the world's largest mines, including Antofagasta Minerals (ANTO), the largest copper mining company & largest mining company in the world BHP Billiton (BHP BHP.ax), Glencore (GLEN), and the second largest mining company in the world Freeport-McMoRan (FCX)
 

IMCX additionally has ownership over the Thane Property in BC, Canada's Quesnel Terrane. With 6 areas of significant copper mineralization alongside areas of high-grade silver and gold mineralization, the Property is located in a relatively unexplored portion of the northern Terrane which is host to 50 billion lbs of copper & 28 million oz of gold as well as 16 producing & developing projects

IMCX News Release: https://www.thenewswire.com/press-releases/1kVGFO8aG-interra-copper-and-alto-verde-copper-sign-definitive-agreement-for-business-combination.html

Posted on behalf of Interra Copper Corp