InvestmentPitch Media Video Discusses Canadian Copper’s New CSE Listing and Portfolio of Properties in Prolific Bathurst Mining Camp of New Brunswick, Canada

VANCOUVER, British Columbia, July 29, 2022 (GLOBE NEWSWIRE) — Canadian Copper Inc. (CSE:CCI), a copper and base metal focused junior exploration company, is one of the latest new listings on the Canadian Securities Exchange. In June 2021, the company signed an option to acquire a 100% interest in a portfolio of 5 mineral properties totaling more than 16,000 hectares in the prolific Bathurst Mining Camp of New Brunswick, Canada.

A media snippet is available by clicking the image below or at this link:

InvestmentPitch Media Video Discusses Canadian Copper’s New CSE Listing and Portfolio of Properties in Prolific Bathurst Mining Camp of New Brunswick, Canada: InvestmentPitch Media Video Discusses Canadian Copper’s New CSE Listing and Portfolio of Properties in Prolific Bathurst Mining Camp of New Brunswick, Canada

For more information, please view the InvestmentPitch Media video which provides additional information about this news and the company. The video is available for viewing on “InvestmentPitch” and on “YouTube”. If these links are not enabled, please visit www.InvestmentPitch.com and enter “Canadian Copper” in the search box.

This region of Canada is celebrated for its extensive history of large VMS deposits with more than forty-five discoveries to date and is also home to Glencore’s Brunswick #12 mine, the largest deposit in the Bathurst area and one of the largest underground zinc mines in the world before closing in 2013, after 49 years of operation.

The flagship Chester copper deposit, first discovered in the 1950’s, is a VMS deposit with resources contained in three zones, the Central and East Zones, both massive sulphides, and the West Zone, a copper Stringer, which are all located near surface. Two distinct exploration campaigns occurred on the property in the mid 1970’s and early 2000’s focusing on the high-grade copper resource.

On May 24th, the company filed a NI 43-101 Technical Report which included a historical copper mineral estimate for Chester, showing 1.4 million tonnes of 1.38% copper in the Measured and Indicated categories and 2 million tonnes of 1.26% copper in the Inferred category. No commercial mining has occurred on the property.

During 2021, the company and its predecessor owner Puma Exploration Inc. completed 33 holes for a total of 3,924 meters at the Chester Property. Phase one drilling, performed by Puma during February and March, consisted of 7 holes totaling 1,785 meters, targeted regional anomalies.

Phase two drilling, performed by Canadian Copper between November and December, consisted of 26 holes totaling 2,139 meters, targeted historical resource validation requirements, explored gaps within known resource zones, and tested for presence of gold and silver mineralization within mineralized areas.

The company is currently preparing for its next phase of drilling at the Chester Project.

Prospecting activities will commence this quarter across the portfolio of projects including Chester, Murray Brook West, and Turgeon properties and will continue throughout the year. Prospecting programs will consist of structural mapping, geochemical sampling and trenching to further refine regional exploration drill targets for 2022 and 2023.

Simon Quick, CEO, stated: “Today’s announcement is a key milestone for Canadian Copper! We are grateful to each of our initial private investors for their support. This achievement required a collective effort from many key stakeholders and third-party professionals. Thank you! The Company is currently developing a new mineral resource estimate at the Chester Property. The MRE results are expected in the H2 of 2022.”

The company is well financed with $1.4 million in cash at the end of June. The shares are trading at $0.14

For more information, please visit the company’s website www.CanadianCopper.com, contact Simon Quick, CEO, at 604-687-2038 or by email at [email protected].

Disclaimer

The information in this InvestmentPitch Media Ltd video is for the viewers information only. Canadian Copper has paid a fee not exceeding $2,000 in cash to have its current news release produced in video format. The corporate information is based on information that is publicly available. Any information provided by InvestmentPitch Media Ltd., through its media services is not to be construed as a recommendation or suggestion or offer to buy or sell securities but is provided solely as an informational media service. InvestmentPitch Media Ltd makes no warranties or undertakings as to the accuracy or completeness of this information. All due diligence should be done by the viewer or their financial advisor. Investing in securities is speculative and carries risk.

About InvestmentPitch Media

InvestmentPitch Media leverages the power of video, which together with its extensive distribution, positions a company’s story ahead of the 1,000’s of companies seeking awareness and funding from the financial community. The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors.

CONTACT:
InvestmentPitch Media
Barry Morgan, CFO
[email protected]

Source: Financial Content

Previous post 0xytocin labs announces 8080 Tools, a no-code toolkit to cut all NFT launch costs by 90% @ Godjira Invasion, Singapore
Next post COMADRAN STUDIOS OBTAINS A TOKEN SUBSCRIPTION FACILITY OF 50 MILLION USD FROM GEM DIGITAL LIMITED (“GEM”) AND RELEASES TODAY THE PLAY TO EARN WITH MEDAMON TOKEN.