The US government's goal is that 50% of new cars sold by 2030 will be EV and the industry is backing this target. Source: https://www.reuters.com/article/usa-autos-biden-idCNL1N2PC05W
Considering EV require three to ten times more copper than traditional vehicles, it follows that this will lead to a substantial increase in copper demand. For those looking to invest in copper, Interra Copper (IMCX.c or IMIMF for US investors) offers diverse assets in North and South America.
Interra recently acquired 3 new copper projects in Chile through its merger with Alto Verde Copper. The company's properties, including Tres Marias, Pitbull, and Zenaida projects, are strategically located in Chile's Copper Porphyry, an area known for its abundant copper mines. These projects are situated within the Central Volcanic Zone, characterized by significant volcanic activity resulting from tectonic plate subduction.
Interra's main focus is the Trace Maurice project. By utilizing advanced computer techniques to reinterpret geophysical data from the previous owner, the company has identified three significant target areas within the 16,000-hectare project. These areas show great potential and could serve as independent projects with substantial resources.
To confirm the presence of the targets, Interra Copper conducted UAV mag and surface IP studies, further validating their findings. Based on this information, the company has developed a comprehensive drill program for the Eastern Drill Target at Trace Maurice. Equipment has already been mobilized to the site in preparation for a 20-hole, 10,500-meter drilling campaign.
The article below by Gold Herz Report highlights Interra's recent merger with Alto Verde and posits that positive drill results could lead to share price movement for the company
https://www.goldherzreport.de/ausgabe-22-2023-trading-idee-fuer-schnelles-comeback/
You can also check out Interra's (IMCX.c) website for more information: https://www.interracoppercorp.com/ Posted on behalf of Interra Copper Corp.