IMCX + Wood Mackenzie on growing copper supply gap According to a report by Wood Mackenzie, 9.7 million tonnes of new copper supply is required over the next decade to meet the 1.5°C accelerated energy transition goal. Those interested in high-potential junior copper companies should consider Interra Copper (IMCX.c or IMIMF for US investors).
(Full Woodmac article here: https://www.woodmac.com/press-releases/net-zero-scenario-to-require-9.7-mt-of-new-copper-supply--over-next-decade/)
IMCX currently controls two copper properties in BC and has also signed a definitive agreement to merge with Alto Verde Copper which will give IMCX control of the Tres Marias, Pitbull, and Zenaida Copper projects.
The projects are situated in the Chilean Copper Belt, which represents 28% of the global annual copper production. Additionally, they are in proximity to mining ventures owned by Billion Dollar corporations like Anglo American (AAL), Glencore (GLEN), Teck (TECK), and BHP Group (BHP).
IMCX's Thane property in BC has six mineralized areas, all with multiple mineralized zones and great potential for mining. It has copper targets with high copper and gold mineralization and a silver vein/system.
The company's Chuck Creek Project is a promising acquisition in central British Columbia with potential for future development. It has a large alluvial gold stream geochem anomaly and is surrounded by Taseko Mines's Yellowhead copper-gold deposit.
IMCX.c has been consistently getting BUY ratings on Barchart.com lately, with a 96% buy rating today
Check out IMCX's deck here for more info: https://interracopper.com/site/assets/files/5753/2022_july_imcx_corporate_presentation.pdf
Posted on behalf of Interra Copper Corp.