IMCX.v up 10%, Drilling Results Expected Soon As highlighted by Verified Market Research the Copper Market is projected to reach USD 10.53 Billion by 2027, growing at a CAGR of 5.8% over the coming years.
https://www.verifiedmarketresearch.com/product/copper-market/
Interra Copper Corp. (Ticker: IMCX.C or IMIMF for US investors) has control over three promising copper projects within Chile's Copper Belt: the Tres Marias and Zenaida Projects nestled in the Antofagasta region, along with the Pitbull Project positioned in the Tarapaca region.
These strategic ventures are positioned in areas where several prominent companies are actively engaged in copper production.
Interra Copper Corp. (Ticker: IMCX.C or IMIMF for US investors) holds control over three promising copper projects in Chile's Copper Belt. These projects include Tres Marias and Zenaida Projects located in the Antofagasta region, and the Pitbull Project in the Tarapaca region. These locations are strategically chosen, aligning with regions where significant copper production activities are ongoing.
With results from IMCX's latest drill program at the Tres Marias Copper Project expected any day now IMCX closed up 10% today with high volume.
The project's latest drilling campaign comprised six Reverse Circulation (RC) holes, covering a total span of 1,896 meters. This drilling initiative mainly concentrated on the eastern target area of the project.
The site's geological context within the early Cenozoic Metallogenic Belt, combined with the historical presence of copper mines in this belt, directs the exploration efforts toward Porphyry Copper deposits. Additionally, the property encompasses various mineralized systems, including polymetallic skarn, carbonate replacement, Manto-style Copper, sediment-hosted gold-silver, and different epithermal silver-gold-base metal deposit types.
With the initial drilling phase at Tres Marias now complete, IMCX is in eager anticipation of the impending outcomes. Drilling results were scheduled for release in early August.
More info here: 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.