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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

Post by ForesstGumpon Nov 10, 2024 4:59pm
103 Views
Post# 36305868

news

news
Drilling Permit
On October 10, Alta Copper Corp, which manages the mining concession, announced the approval of its request for an Environmental Impact Statement (“DIA”) drilling permit by Minem and the receipt of the Certificates of Nonexistence of Archaeological Remains on the Surface (“CIRA”) from the Ministry of Culture (Mincul).
 
In a press release, they stated that these achievements mark a key milestone for the advancement of the Caariaco project, which is considered one of the largest copper deposits in America.
 
It was also stated that the company planned to begin drilling before the second quarter of 2025.
 
It should be noted that the San Juan community is considering resorting to the judicial instance to stop the advancement of this mining investment, which they consider very risky.
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