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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 Aug 31, 2023 6:59pm
132 Views
Post# 35614808

Citigroup Predicts Copper Buying Frenzy

Citigroup Predicts Copper Buying Frenzy

Citigroup Inc. predicts a surge in investor interest in the copper market over the next few years, driven by increased demand for electric vehicles and renewable energy.  Source: https://financialpost.com/pmn/business-pmn/copper-slump-will-give-way-to-record-buying-spree-citi-says


With this predicted copper buying spree, Interra Copper Corp. (Ticker: IMCX.C or IMIMF for US investors) is actively exploring three promising copper projects in Chile's renowned Copper Belt: Tres Marias, Zenaida, and Pitbull Projects. These projects have been strategically positioned in areas already bustling with copper exploration and production activities by prominent companies.

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Among these endeavors, Tres Marias stands out due to its location within the early Cenozoic Metallogenic Belt, which indicates the possible presence of Porphyry Copper deposits. The property showcases a diverse range of mineralized systems, including polymetallic skarn, carbonate replacement, Manto-style Copper, sediment-hosted gold-silver, and various epithermal silver-gold-base metal deposit types.


Recently, Interra Copper Corp. successfully concluded an extensive drilling campaign at Tres Marias, spanning 1,896 meters across 6 Reverse Circulation (RC) boreholes. The primary focus of this effort was the eastern target zone of the project. The results of the drilling are expected to be delivered very soon as it was initially thought they would be delivered in August. 


Full Press Release: 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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