The Copper Market is on a trajectory of significant growth, with its value projected to rise from USD 6.74 Billion in 2019 to USD 10.53 Billion by 2027. This growth is expected to follow a steady annual rate of 5.8% from 2020 to 2027. However, the increasing demand for copper has raised concerns about potential production gaps in the future.
Source: https://www.verifiedmarketresearch.com/product/copper-market/
Interra Copper Corp. (Ticker: MCX.C or IMIMF for US investors) is a junior exploration company with assets in two prolific copper belts in Chile and British Columbia.
In Chile, IMCX holds three projects: the Tres Marias and Zenaida Projects in Antofagasta, and the Pitbull Project in Tarapaca. These projects are strategically located within the Chilean copper belt, where several large mega-cap companies are actively producing copper.
Exciting progress has been made at Tres Marias, where the company recently completed the initial phase of drilling, with a specific focus on the eastern target. The drilling involved six RC holes, covering a total distance of 1,896 meters. The eagerly awaited sample analysis results are expected to be available early this month.
In British Columbia, IMCX controls the Thane and Chuck Creek Projects. Of particular interest is the Thane project, located in Quesnel Terrane, an area with a rich history of copper and gold production.
In a captivating interview, IMCX's CEO discusses the company's plans for these projects as well as the prospects of the copper sector as a whole.
Watch the interview here:
Posted on behalf of Interra Copper Corp.