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LON:CDC

Copper Development Corporation

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In brief

Copper Development Corporation (CDC) is a copper mining and development company that holds interests in two porphyry copper projects located on the island of Negros in the Philippines. The Sipalay-Hinoba-an Copper Project hosts two known deposits, the Don Jose deposit and the A1 deposit, with an estimated Mineral Resource of 173 million tonnes grading 0.42% Cu containing over 1.6 billion pounds of copper metal. A significant amount of exploration and metallurgical testwork has already been conducted on the project including the completion of a scoping study in July 2010.