TSXV:WCU - Post Discussion
Post by
KozmoT on Dec 17, 2021 11:35am
Latest Update ...
https://ca.finance.yahoo.com/news/world-copper-corporate-expansion-development-130000038.html Most relevant Excerpt ...
"
Escalones Status: Escalones is our flagship asset and has become the crown jewel in our portfolio. The update to Escalones resource statement, re-defining the resource as an oxide copper deposit, has allowed the Company to fast-track a Preliminary Economic Assessment (PEA) for Escalones. This PEA is expected to be delivered in early Q1 2022. The PEA will be the first publicly issued economics for the Escalones project and will provide a clear indicator of the potential value of the property. We are excited for the results to come and our opportunity to share them with stakeholders.
While we advance Escalones down a development path, significant blue sky exploration potential exists with drilling of the four other large footprint targets at Escalones. The first and most attractive target is the "Mancha Amarilla" immediately south of and adjacent to the existing defined resource. We expect to have received necessary drill permits and start a drill program on this target in January of 2022. Favorable results of this program would allow us to potentially grow the existing resource substantially, enlarging and making more valuable that which is already a fantastic resource."
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