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Alta Copper Corp T.ATCU

Alternate Symbol(s):  ATCUF

Alta Copper Corp. is a Canada-based copper developer, which is engaged in the acquisition, exploration and development of mineral rights interests. The Company is focused on the development of its 100% owned Canariaco advanced staged copper project. The Canariaco Copper Project is an advanced stage porphyry copper exploration and development project located in Northern Peru. Canariaco comprises about 97 square kilometers of highly prospective land located about 102 kilometers (km) northeast of the City of Chiclayo, Peru, which includes the advanced stage Canariaco Norte deposit, Canariaco Sur deposit and Quebrada Verde prospect, all within a four km NE-SW trend in northern Peru’s mining district. The Company also holds other earlier stage base metal properties located in Peru and Canada. Its other projects include Don Gregorio property, Arikepay Copper-Gold Porphyry Discovery, and Canyon Creek property. Don Gregorio property is a copper-gold porphyry target located in northern Peru.


TSX:ATCU - Post by User

Comment by horsewithnonameon May 27, 2024 2:08am
127 Views
Post# 36058424

RE:Not long until the expected drilling permits

RE:Not long until the expected drilling permits
I believe that any addtional resource delineation with have a minor impact compared to moving forward with the feasibility study based on current mining capacitiy. Additional resources most likely add only to the lifetime of the mine but not so much to the NPV as the depreciation will take away a lot. So in my opinion, moving forward in the FS based on the current PEA and some improvements from moving existing resources into the resever category - makes a factor of 10X, additional findings unless really spectacular which I do not anticipate for neither Sur or QV wil impact on a factor 2 or less.
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