US Copper Corp. is pleased to announce that it has completed a non-brokered private placement for aggregate gross proceeds of $500,000. The Private Placement involved the issuance of 10,000,000 units at a price of $0.05 per Unit. Each Unit consists of one common share in the capital stock of the Company and one warrant. Each whole warrant will entitle the holder to purchase one Common Share for $0.08 at any time within 2 [...]
US Copper Corp. is pleased to announce the appointment of Mr. Jean-Pierre Colin as a corporate advisor effective today's date. Jean-Pierre Colin will assist USCU in finding a JV partner for its 100% owned Moonlight-Superior Project in Northeast California. Jean-Pierre Colin has a distinguished career spanning more that 4 decades with demonstrated expertise as an investment banker and strategy consultant. He has had a lead [...]
US Copper Corp. announces a proposed non-brokered private placement for aggregate gross proceeds of up to $500,000 comprised of up to 10,000,000 units at a price of $0.05 per unit . Each whole warrant will entitle the holder to purchase one common share for $0.08 at any time within 2 years after closing. All securities issued pursuant to this private placement will be subject to a four month hold period. Completion of the [...]
Highlights of the Moonlight-Superior PEA include: After-tax NPV @ 7% of US$1.075 billion After-tax IRR of 23% Initial Capital of US$956 million All-in Sustaining Cost of US$2.51 Life of Mine Copper Production of 1.8 billion pounds, Silver Production of 12,000,000 ounces, and Gold Production of 63,000 ounces US Copper Corp. is pleased to announce the results of a Preliminary Economic Assessment on its entire 100 [...]
Highlights: Indicated resources of 402 million tons containing: 2.5 billion pounds of copper 21 million ounces of silver 140,000 ounces of gold Inferred Resource of 64 million tons containing: 394 million pounds of copper US Copper Corp. is pleased to announce an updated Mineral Resource Estimate on its entire 100% controlled Moonlight-Superior Copper Project in Northeast California. This Resource will be used for the [...]
US Copper Corp. is pleased to announce that it has completed a non-brokered private placement for aggregate gross proceeds of $200,000. The Private Placement involved the issuance of 6,666,667 units at a price of $0.03 per Unit. Each Unit consists of one common share in the capital stock of the Company and one warrant. Each whole warrant will entitle the holder to purchase one Common Share for $0.06 at any time within 2 [...]
US Copper Corp. announces a proposed non-brokered private placement for aggregate gross proceeds of up to $200,000 comprised of up to 6,666,667 units at a price of $0.03 per unit . Each whole warrant will entitle the holder to purchase one common share for $0.06 at any time within 2 years after closing. All securities issued pursuant to this private placement will be subject to a four month hold period. Completion of the [...]
US Copper Corp. is pleased to announce that it has retained Global Resource Engineering of Denver, Colorado to complete a Preliminary Economic Assessment on its entire 100% controlled Moonlight-Superior Copper Project in Northeast California. Results of the PEA are anticipated by the end of this year. The Moonlight-Superior Copper Project in Northeast California includes four known copper deposits , three of which host [...]
US Copper has Commenced Discussions with Potential Strategic Partners to Advance its 100% Owned Moonlight-Superior Copper Project. US Copper's Moonlight - Superior Copper Project is a historically operating project with potential to restart and become a domestic supply of copper to the US market. Copper Prices broke $10,000/t in recent weeks as Copper undergoes an unprecedented structural change driven by global energy [...]
US Copper Corp. is pleased to announce results from the 15-hole shallow drill program last fall on its Moonlight deposit at the Moonlight-Superior Copper Project in North-East California. Highlights Mineralized drill hole intercepts were submitted for sequential copper assays, and acid soluble copper was identified in 14 of 15 holes, including one intercept of 205 feet of 0.644% recoverable copper; Results confirmed a [...]
US Copper Corp. has decided to extend the expiry date of 26,400,000 share purchase warrants which allow holders to purchase up to 26,400,000 common shares in the authorized share capital of the Company at an exercise price of $0.10 per share, from May 20, 2024 to February 19, 2025. All other terms of the Warrants will remain unchanged. The extension of the expiry date of the aforementioned Warrants by nine months is [...]
US Copper Corp. announces that Martin Vydra has resigned as a director of the Company, effective immediately, in order to devote his attention to other professional commitments. The board of directors of the Company would like to thank Mr. Vydra for his contributions and they wish him success in his future endeavours. For Further Information Contact: Mr. Stephen Dunn, President, CEO and Director, US Copper Corp. 361-2827 [...]