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Bullboard - Stock Discussion Forum US Copper Corp V.USCU

Alternate Symbol(s):  USCUF

US Copper Corp. is a Canada-based exploration stage company. The Company has interests in exploration properties in Ontario, Canada and, through wholly owned subsidiaries, has interests in exploration properties in Nevada and California, United States. It controls approximately 13 square miles of patented and unpatented federal mining claims in the Light’s Creek Copper District in Plumas County... see more

TSXV:USCU - Post Discussion

US Copper Corp > USCU expected to directly benefit from Biden's new bill
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Post by StockHawk1 on Nov 29, 2021 6:21pm

USCU expected to directly benefit from Biden's new bill

US Copper ($USCU.V $USCUF) is a jr mining company that controls almost the entire Light's Creek Copper District (California).


Creek Copper District contains substantial copper (silver) sulfide and copper oxide resources in three deposits:

-Engels

-Superior

- and Moonlight 


The Moonlight Deposit was drilled in the 60's and the Superior and Engels Mines operated from about 1915-1930 and produced over 161 M pounds of copper. 


Recent results from 2 of the 7 (drilled in 2021) verified 50-year-old historic drill results from the Moonlight deposit and supported the presence of higher-grade ore within the Superior deposit.


Another reason why I am feeling bullish about $USCU is that Biden's infrastructure bill is going to pump money into the US raw material sector especially for materials that are used to make renewable energy sources. 


Because $USCU is US based and copper is needed to make electricity transmission and grid infrastructure $USCU is expected to highly benefit from this bill. 


USCU trading at just $0.095, MC is $10.55M


Sources: https://www.copper.org/environment/sustainable-energy/grid-infrastructure/


https://uscoppercorp.com/us-copper-announces-final-two-holes-from-superior-drill-program/

 
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