Initial Drilling Phase Concluded, Awaiting Analysis Results The Copper Market, valued at USD 6.74 Billion in 2019, is predicted to grow significantly, reaching USD 10.53 Billion by 2027, with a steady annual growth rate of 5.8% from 2020 to 2027. With rising demand for copper, potential production gaps are a concern.
Source: https://www.verifiedmarketresearch.com/product/copper-market/
Interra Copper Corp. (Ticker: MCX.C or IMIMF for US investors) is an exploration company focusing on Chile's Central Volcanic Zone, known for abundant copper deposits. They control three copper projects in Chile: the Tres Marias and Zenaida Projects in Antofagasta, and the Pitbull Project in Tarapaca. IMCX aims to enhance the global copper supply chain and address production challenges faced by established copper producers.
In a recent interview, IMCX's CEO discussed their exploration program and projects, with a focus on Tres Marias, their most advanced project. Extensive work, including drilling and geophysics analysis, is underway to unlock the project's full potential.
IMCX has identified three target areas within their property: central, eastern, and western, aiming to maximize exploration efforts and find areas with high copper potential.
Recently, IMCX completed the initial phase of drilling at Tres Marias, specifically focusing on the eastern target. Six RC holes were drilled, covering 1,896 meters. Sample analysis results are expected in early August.
CEO Interview:
Posted on behalf of Interra Copper Corp.