Idaho Copper Corp COPR

Idaho Copper Corporation is a mineral exploration and development company. The Company is focused on exploring and developing copper-molybdenum-silver deposit in Idaho (United States) (the CuMo project). The CuMo project consists of one hundred and twenty-six (126) federal unpatented lode mining claims, and six patented mining claims. In total, the project comprises approximately 2,640 acres. The unpatented lode mining claims and patented claims are situated in an unorganized mining district in Boise County, Idaho spanning Sections in Township 7N and 8N, Range 5E and 6E, Boise Meridian. The CuMo deposit is situated within the Idaho batholith and is part of a regional scale belt of porphyry and related deposits identified as the Idaho-Montana Porphyry Belt.

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Idaho Copper Corp > Idaho Copper

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Comment by babymineson Jun 08, 2023 4:41pm

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RE:Idaho Copper

Idaho Cooper will own the 6 patented claims that were condemmed by the Idaho DEQ. The clean up which is mandated by the DEQ. Idaho Cooper ever starts mining will cost upwards of 20 million. Cumo pledge the claims as security against a $250,000 silver debenture. They are worthless and can only be used more mining purposes after they clean up the evironmental damage. I wonder if that was disclosed when Cumo pledge the claims as securities on the loan.

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