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Interra Copper Corp C.IMCX

Alternate Symbol(s):  IMIMF

Interra Copper Corp. is a Canada-based a junior mineral exploration company. The Company is focused on the exploration and development of its two early-stage copper exploration assets. Its focus is on the Rip project located in central British Columbia, Canada and the Thane Property located in north-central British Columbia, Canada. Its 100%-owned Thane Project located in the Quesnel Terrane of Northern BC spans over 20,658 ha with 10 high-priority targets identified demonstrating significant copper and precious metal mineralization. The Company has a joint-venture agreement and earn-in option of up to 80% on the Rip Project located in Stikine Terrane in a prolific belt of Late Cretaceous (Bulkley plutonic suite), known for copper-molybdenum deposits.


CSE:IMCX - Post by User

Post by Justdosomeddon Apr 06, 2023 4:22pm
114 Views
Post# 35383836

Positioned to Benefit from the Copper Boom

Positioned to Benefit from the Copper Boom
With EVs going mainstream and hundreds of billions of dollars being poured into green energy infrastructure, copper is the foundational element that is enabling this all to happen. There’s no doubt that copper demand will see an elevated level of growth over the next decade due to the green energy transition. Additionally, with US rate hikes starting to slow, copper prices have begun to rise alongside investment in the industry as Glencore’s $23B bid for Teck was rejected on the notes that the future of the industry is expected to become a lot more valuable.
 
https://www.barchart.com/story/news/15702565/is-a-copper-rally-on-the-horizon
 
As the market continues to develop, we’re going to need new mines to come online, so it’s all about picking the right project at the right time here. $IMCX.V is an early-stage exploration company ready to take advantage of the growing industry. And with the recent closing of the business combination with Alto Verde Copper, the portfolio of projects in Chile and BC is looking very promising.
 
- Located on the Chilean Copper Belt, they own 3 projects covering nearly 20,000 hectares.
- The flagship being the Tres Marias project (acquired from Freeport McMoRan), already has multiple copper targets from a recently completed geophysics program for the upcoming drilling.
- Their Canadian projects, Thane and Chuck Creek, are early-stage, highly prospective projects that are surrounded by other companies’ projects that have made significant copper discoveries which could be reflected in $IMCX.V’s project once they start to explore further.
 
And most importantly, $IMCX.V has a strong management team. With a proven track record and years of experience bringing mines to operation and adding value to projects. The most important thing that a mining company needs besides good projects is solid management, and $IMCX.V has both. With the current valuation being just $7M, there’s a lot of potential here as they begin to explore here.
 
Quick podcast on the future plans for the company, worth a listen: https://twitter.com/CopperInterra/status/1643997419963596802?s=20
 

Posted on behalf of Interra Copper Corp.
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