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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 1StockInformeron Jul 26, 2023 8:22pm
98 Views
Post# 35558754

IMCX's Drilling Results Expected in August

IMCX's Drilling Results Expected in August

The Copper Market, valued at USD 6.74 Billion in 2019, is projected to witness substantial growth, reaching USD 10.53 Billion by 2027, with a steady annual growth rate of 5.8% from 2020 to 2027 (Source: https://www.verifiedmarketresearch.com/product/copper-market/). With this increasing demand for copper, the possibility of production gaps looms ahead. 


Interra Copper Corp. (Ticker: MCX.C or IMIMF for US investors) emerges as a promising exploration company, directing its focus to Chile's Central Volcanic Zone, renowned for its abundant copper deposits.


Currently, IMCX controls three copper projects in Chile: Tres Marias and Zenaida Projects in the Antofagasta Region, and Pitbull Project in the Tarapaca Region. Strategically positioned in this region, IMCX is committed to bolstering the global copper supply chain while addressing production challenges faced by established copper producers.

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Recently, IMCX achieved a remarkable milestone by completing the first phase of drilling at its flagship project, Tres Marias.


The results of this drilling campaign are currently undergoing analysis, and are expected to be unveiled early next month. These findings will play a pivotal role in uncovering the quality and potential of the copper deposits, paving the way for future development and growth opportunities for the company.


Full Press Release on Tres Marias Drilling Completion: https://www.interracoppercorp.com/news-releases/interra-copper-announces-completion-of-its-phase-1-drilling-program-at-the-tres-marias-copper-project-in-chile/ Posted on behalf of Interra Copper Corp.

 
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