Kutcho Copper Corp. announces that it has arranged a non-brokered private placement to raise total proceeds of up to $2,500,000. The Private Placement will consist of up to 2,000,000 hard-dollar shares priced at $0.50 per share for gross proceeds up to $1,000,000 and 2,631,579 flow-through shares priced at $0.57 per share for gross flow-through proceeds of up to $1,500,000. "Proceeds from this financing will allow the [...]
Kutcho Copper Corp. is pleased to provide an updated mineral resource estimate that is currently being utilized in its Feasibility Study on its 100% owned Kutcho high grade copper-zinc project located in BC. The mineral resource estimate was prepared under the direction of Robert Sim, P.Geo, of SIM Geological Inc. "We are pleased to announce an updated mineral resource estimate for the Kutcho Project that incorporates the [...]
Kutcho Copper Corp. is pleased to announce it has appointed Ms. Cherie Leeden to the Company's Advisory Board and Mr. Mark Vendrig as Manager of Environment and Permitting. Cherie Leeden Ms. Leeden is a proven Resources executive with two decades of experience, including 10 years at public company board level. She has led businesses in senior positions at publicly traded companies as well as developed and built several [...]
Kutcho Copper Corp. is pleased to announce it has begun work on a feasibility study for its high grade Kutcho copper-zinc development project located in northwestern British Columbia. CSA Global Consultants Canada Ltd. has been chosen to lead the feasibility study and will be supported by a team of resource, geotechnical, environmental, metallurgical, processing, and mining consultants. “With a significant amount of [...]
Kutcho Copper Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of 11,000,000 units at a price of $0.20 per Unit for total gross proceeds of C$2,200,000. Each Unit is comprised of one common share of the Company and one-half of one transferable common share purchase warrant . Each Warrant entitles the holder thereof to acquire one Share at a price of $0.30 for a period [...]
Kutcho Copper Corp. today announced that it has arranged a non-brokered private placement for total gross proceeds of C$2,000,000. The Private Placement will consist of 10,000,000 units at a price of $0.20 per unit . Each Unit is comprised of one common share of the Company and one-half of one transferable common share purchase warrant . Each Warrant entitles the holder to acquire one common share of the Company for a [...]
Kutcho Copper Corp. is pleased to announce results of additional metallurgical testing on its 100% owned Kutcho Project in British Columbia, Canada. These latest results came from a program focused on optimizing performance from the Main Lens composite and have shown improved copper and silver recoveries versus the 2017 Prefeasibility Study. In addition, the Company has conducted leach tests on the tailings, which has [...]
Kutcho Copper Corp. announces that it has received a $1.46 million BC Mineral Exploration Tax Credit refund. The METC is available for companies undertaking qualifying mineral exploration in British Columbia and the claim was filed by the Company with regards to expenditures incurred on its Kutcho Project in 2018. “The METC refund gives the Company sufficient funds to meet short term liabilities and provides working [...]
Kutcho Copper Corp. owns the Kutcho high grade Copper – Zinc development project located in north-western British Columbia. The Company completed a Pre-Feasibility study dated July 31, 2017 that demonstrated positive economics with an after tax NPV of $265 million and an IRR of 27.6%. The Company completed the acquisition of the project in December 2017 with the support of Wheaton Precious Metals, involving a staged [...]
Kutcho Copper Corp. is pleased to announce that it has received a Section 11 Order from the British Columbia Environmental Assessment Office on December 12th, 2019. The Section 11 order defines the scope of the Environmental Assessment and the Indigenous Nations Kutcho and British Columbia will engage with through the process. With the passing of Bill C-69 and associated threshold regulations, the Kutcho Project is not [...]
Kutcho Copper Corp. announces that Wheaton Precious Metals Corp. has agreed to amend the terms of its $20 million convertible debenture investment in Kutcho Copper that closed on December 14, 2017. Wheaton and Kutcho Copper have agreed that the 2 year interest deferral provided in the Original Debenture may, at the election of Kutcho Copper, be extended for 4 years. Wheaton has also agreed to the removal of the ability to [...]
Kutcho Copper Corp. is pleased to announce results of ongoing metallurgical testing on its 100% owned Kutcho Project in British Columbia, Canada. These latest results show improved copper, zinc and silver recoveries, higher concentrate grades and improved separation of copper and zinc into their respective concentrates. This test program is part of the work completed or underway that is designed to support completion of a [...]