QC Copper and Gold Inc. (TSX-V:QCCU, OTCQB:QCCUF) has provided investors with an update on its flagship Opemiska copper project in Quebec.
The company said it has been focused on increasing its presence within the Chapais community and interactions with Chapais leadership following the release of its updated mineral resource estimate (MRE) for the project in January 2024.
It aims to foster positive community relationships and be socially responsible operators, the company said.
In preparation for a preliminary economic assessment (PEA) for the Opemiska project, QC Copper has commenced initial engineering studies at Springer and Perry, the current extent of Opemiska's 2.204 billion pound copper equivalent resource.
The engineering studies will evaluate scenarios and optimize pit shells, production, and processing rates to maximize Opemiska's economics and mitigate impacts on the town of Chapais.
For the studies, the company has prepared a diamond drill program within the MRE pit area to define additional resources and confirm a new structural interpretation in the Saddle Zone.
Further, QC Copper and Gold said it is nearing the completion of historical drilling and geological data on Cooke & Robitaille, two past producing mines that make up Opemiska, to further understand the mineralization and geological controls and design a drill program with high-potential targets.
The company also noted that the release of its MRE has attracted “significant” interest from corporate and potential strategic partners. It will start hosting site visits for interested parties in the summer and fall.