The increasing demand for electric vehicles (EVs) and the drive towards decarbonization are fueling the need for metals essential in electrification, such as lithium, copper, nickel, cobalt, and graphite. With this rising demand, there is a projected significant shortfall across all these metals. However, copper, in particular, faces unique challenges. According to JP Morgan, copper demand could reach 32MT by 2033, up from 25MT this year.
Source: https://twitter.com/paola_rojas/status/1676068475461324800?s=20
Interra Copper Corp. (IMCX.c or IMIMF for US investors) boasts promising copper exploration assets in Chile and Northern British Columbia, positioning the company for potential success.
A primary focus is their flagship project, Tres Marias, spanning an expansive 16,250 hectares. Situated in Chile's Antofagasta Region, the project enjoys strategic advantages, including easy access to vital infrastructure and services. Its proximity to renowned mines like Chuquicamata and Spence further strengthens its prospects.
IMCX is actively conducting an extensive drill program at Tres Marias, aiming to capitalize on significant geological and geophysical anomalies previously identified by the project's former owners.
The drilling activities are expected to be completed this month, with assay results expected to be released in late July or early August.
Website: https://www.interracoppercorp.com/projects/chile/tres-marias/ Posted on behalf of Interra Copper Corp.