Kutcho Copper is pleased to announce it has received over $2.8 million from warrant exercises, from a series of warrants that expired June 6, 2022. Vince Sorace, President & CEO of Kutcho Copper stated: “We continue to drive forward aggressively with our planned objectives through the permitting process towards a positive construction decision. Kutcho is uniquely positioned with a feasibility-stage, high-grade, low-cost [...]
Kutcho Copper Corp. is pleased to announce that it has closed its amendment agreement with Wheaton Precious Metals Corp. , as announced and described in Kutcho's news release of February 11, 2022. As part of the closing of the Amendment, Kutcho issued to Wheaton 10,485,958 common shares at a price of $0.908 per common share and settled and terminated the Company's outstanding debt instruments and loan agreement as part of [...]
Kutcho Copper Corp. is pleased to announce that it has entered into an amendment agreement with Wheaton Precious Metals Corp. in respect of the Precious Metals Purchase Agreement dated December 14, 2017, as amended . The Original Agreement, as amended by the Amendment, is referred to as the "PMPA". Kutcho Copper President and CEO, Vince Sorace, commented: "The amended arrangement with Wheaton eliminates all of the [...]
Kutcho Copper Corp. is pleased to announce the appointment of Mark Forsyth to the Company's board of directors. Mark has over 30 years' experience in commodity trading and is a seasoned and successful leader with a proven history of building and managing large-scale businesses, including extended tenures with Trafigura and MRI before establishing his own trading and consulting company, Cliveden Trading. Mark has built a [...]
Kutcho Copper Corp. is pleased to provide a review of its accomplishments in 2021 and look forward to the next steps planned for 2022 at its high-grade Copper - Zinc development project located in north-western British Columbia. "2021 was a pivotal year for the Company, with several fundamental accomplishments, most notably completion of our feasibility study," stated Vince Sorace, President & CEO of Kutcho Copper. "We [...]
Kutcho Copper Corp. is pleased to announce that, further to its news release dated November 8, 2021, the Company has filed the Technical Report titled "NI 43-101 Feasibility Study Technical Report for the Kutcho Copper Project, British Columbia, Canada" for the development of the 100% Kutcho Copper owned copper and zinc project in northern British Columbia. The Technical Report was prepared by CSA Global Consultants [...]
Kutcho Copper Corp. is pleased to announce, as described in the press release dated July 6th, 2021, it has completed the buy back of the royalty held by Sumac Mines and has terminated Sumac's Right of First Refusal to purchase concentrates from the Kutcho copper-zinc project, both of which rights were granted under an Acquisition Agreement between Sumac Mines Ltd. and Western Keltic Mines Inc. dated August 29, 2003 [...]
Kutcho Copper Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of $5,000,000. The Company issued 5,263,158 common shares at a price of $0.95 per common share. The Private Placement is subject to final TSX Venture Exchange approval. All shares issued under the private placement are subject to a hold period of four months and one day from closing. The Company paid [...]
Kutcho Copper Corp. announces that it has arranged a non-brokered private placement to raise total proceeds of $5,000,000. The Private Placement will consist of up to 5,263,158 shares priced at $0.95 per share for gross proceeds up to $5,000,000. Vince Sorace, President and CEO of Kutcho Copper stated: "With the recent announcement of our feasibility study showcasing very attractive project economics and offering [...]
Kutcho Copper Corp. is pleased to announce the results of the 2021 Feasibility Study for the development of the 100% owned Kutcho copper and zinc project in northern British Columbia. ROBUST PROJECT ECONOMICS Base case metal prices of $3.50/lb Cu, $1.15/lb Zn Pre-tax NPV7% C$737 million, IRR 31% After-tax NPV7% C$461 million, IRR 25% Spot metal prices of $4.50/lb Cu, $1.57/lb Zn Pre-tax NPV7% of C$1,467 million; IRR 51 [...]
Kutcho Copper Corp. is pleased to provide a final progress report on the feasibility study for its high-grade copper-zinc Project that is being led by CSA Global Consultants Canada Ltd. , expected to be completed in early November, 2021. Kutcho Copper President & CEO, Vince Sorace, commented: "The feasibility study has advanced rapidly in the past month, with a completion date anticipated in approximately three weeks [...]
Kutcho Copper Corp. is pleased to provide an overview of exploration targets at the Kutcho project with an emphasis on open pit and underground targets at the Main, Sumac and Esso deposits that have the potential to expand the open pit and underground mineral resources beyond those contemplated for inclusion in the upcoming feasibility study. "We are finalizing a detailed exploration plan for the Project that provides [...]