Alta Copper Corp T.ATCU

Alternate Symbol(s): ATCUF

Metals & Mining Copper

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.

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Alta Copper Corp > South32 buys 19.9% of American Eagle

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Comment by MisterMarketon Nov 15, 2024 11:12pm

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Post# 36316172

RE:RE:RE:RE:RE:RE:South32 buys 19.9% of American Eagle

When talking about a selling price for Alta Copper remember you are talking about a company whose NPV8 is US3.2B ($4.46B Cdn) at the reasonable price of $4.50 copper and with signifcant exploration potential open to depth and open for discovery at Quebrade Verde.

If Alta was a gold company it would be worth at least $1 Billion Cdn. That is cheap at about 25% of its NPV.

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