Company
World Copper Ltd
CVE:WCU
World Copper Ltd, headquartered in Vancouver, British Columbia, is a Canadian resource company focused on the exploration and development of its copper porphyry projects: Zonia in Arizona and Escalones in Chile. Both projects have estimated resources with significant soluble copper mineralization, and they boast exciting potential to expand the resource base.
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World Copper hails drill results from Mancha Amarilla target at Escalones project
The company said it has now completed 1,676 metres (m) of additional drilling along the western-most, road-accessible edge of the Mancha Amarilla zone
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World Copper and Electric Royalties close royalty sale and option package on Zonia copper oxide project
World Copper believes that Zonia has the potential to host significantly more copper mineralization than outlined in the current resource estimate of 76.8 million tons of 0.33% copper in the measured and indicated category, and 27.2 million
World Copper closes final tranche of oversubscribed private placement, raises more than C$1.58M
Net proceeds from the offering are intended for exploration and development of its Escalones and Zonia assets, and general working capital
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World Copper launches non-brokered private placement for gross proceeds of up to $2.5 million
The company said the net proceeds from the offering are intended for exploration and development and, general working capital
World Copper announces exercise of Zonia copper project royalty option and subsequent buy-out
The company said the proceeds from the early exercise of the royalty option and warrants would be used to fund exploration expenditures at its flagship Escalones project in Chile and for general corporate purposes
World Copper says recently-acquired Zonia copper project has serious discovery potential after reviewing technical data
An internal technical review confirmed resource expansion targets, new discovery potential and opportunity to enlarge the project
World Copper signs letter of intent with Desaladora Rosario for desalinated seawater pipeline for Escalones project
"We are excited to be embarking together with DESALA on this journey towards sustainable water supply for Escalones,” the company's president and CEO Nolan Peterson said
World Copper says its common shares have been approved to trade on the OTCQX Best Market
The company's president & CEO, Nolan Peterson, commented: "With World Copper upgrading to trading on OTCQX Best Market we demonstrate our continuing commitment to expanding and activating our shareholder base in the USA"
World Copper receives environment approval to drill its Escalones project in Chile
The company said it intends to start drilling at Escalones in the upcoming days
World Copper releases preliminary economic assessment on Escalones copper project showcasing its potential to become compelling South American copper asset
The preliminary economic assessment reveals a post-tax net present value of nearly US$1.5 billion based on a $3.60 per pound life of mine copper price, with an internal rate of return of 46.2% and payback period of 2.18 years
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World Copper set to partner with University of Chile to develop new, more environmentally friendly methods in mining
The company has struck a memorandum of understanding (MOU), through its Chilean subsidiary with the Advanced Mining Technology Centre (AMTC) at the university of Chile
World Copper expects Escalones PEA in the 'near future' as it issues one year anniversary update
The preliminary economic assessment (PEA) for Escalones is the "single most important development for the asset and the company", World Copper said