Atacama Copper Corp. announces that it has signed a binding letter of intent dated October 26, 2023 with TCP1 Corporation , an arm's length private company with mineral properties located in Mexico, relating to a business combination whereby the Company will acquire all of the issued and outstanding shares of TCP1 in exchange for common shares of the Company . Concurrent with the Proposed Transaction, the Company has [...]
Atacama Copper Corp. is saddened to report the sudden and unexpected passing of our CFO, Eduardo 'Eddy' Yu. Eddy was a key member of the small management team at the Company and will be greatly missed by all his colleagues. Tim Warman, CEO said, "On behalf of everyone at Atacama Copper I want to extend our deepest condolences to the Yu family. Eddy was a talented individual who everyone on our team enjoyed working with [...]
Atacama Copper Corp. is pleased to announce that on June 15, 2023 , it closed a non-brokered private placement of 1,567,332 common shares in the capital of the Company at a purchase price of $0.18 per Common Share for gross proceeds of $282,119.76 . The gross proceeds of the Offering will be used for general corporate purposes. A finder's fees consisting of an aggregate cash commission of $5,249.99 and 29,167 warrants to [...]
Atacama Copper Corp. is pleased to announce that it intends to issue, by way of a non-brokered private placement, common shares of the Company at a purchase price of $0.18 per Common Share for gross proceeds of up to $300,000 . Atacama Copper expects the Offering to close on or about May 15, 2023 . The net proceeds of the Offering will be for general corporate purposes and no commission, finder's fee or similar payment [...]
Atacama Copper Corp. announces that it has granted 380,000 stock options and 130,000 restricted share units to eligible participants of the Company, pursuant to its Long Term Incentive Plan. The Options have an exercise price of $0.185 per common share and expire 5 years after the date of grant pursuant to the terms of the Company's Long Term Incentive Plan. The stock options and RSUs shall vest in three equal parts on [...]
Atacama Copper Corp. is pleased to announce the appointment of Tim Warman as Chief Executive Officer and Director. Mr. Warman is a mining executive and geologist with more than 30 years of experience ranging from early-stage exploration to production. He has held senior leadership roles and board positions with some of the industry's most notable companies. Most recently he was CEO of Fiore Gold, a successful Nevada gold [...]
Atacama Copper Corp. provides an update on its trenching program at its 100% owned El Cofre Copper-Gold Project. Highlights: 40% of 3,000m trenching program completed Multiple zones of copper oxide mineralization identified Over 156 samples collected and analyzed by XRF to date Copper-gold mineralization identified across 1 to 5 meter wide mineralized veins over a strike length of 600m, with 800m remaining to be tested [...]
Atacama Copper Corp. announces that it has commenced a program of trenching at its wholly-owned El Cofre Project. A total of approximately 3,000m across 18 trenches and channel sampling lines is designed to follow-up on previously identified mineralised structures discovered in geochemical and mapping surveys of the property. The programme is expected to take approximately 4 weeks to complete and first results of sampling [...]
Atacama Copper Corp. is pleased to announce the results and near completion of the initial phase of exploration at its 100% owned Placeton and Caballo Muerto projects . The highlights of the program, results and next steps include: Fieldwork focused on the existing Placeton North, Placeton Central, Placeton South and Caballo Muerto targets covering approximately 2,000 Ha of the 4,428 Ha Placeton tenement package [...]
Atacama Copper Corp. is pleased to announce the extension of its tenement holding at El Cofre. Atacama Copper, through its wholly owned subsidiary, Cobalt Chile SpA, has staked an additional 1,400 hectares of exploitation claims in a highly anomalous area adding to the existing 6,228 hectares of exploitation tenements, bringing the total tenement holding at the El Cofre project to 7,628 hectares. "We are excited to be [...]
Atacama Copper Corp. announces that it has granted an aggregate of 240,000 restricted stock units and an aggregate 990,000 stock options to its officers, directors and the consultants pursuant to the Company's long-term incentive plan. The RSUs will vest in three equal parts on each of the first, second and third anniversaries of the grant date. Each stock option is exercisable, for a period of 5 years from the date of [...]
Atacama Copper Corp. is pleased to announce the commencement of field operations at its 100% owned Placeton project . "We are excited to commence exploration at Placeton. The project lies directly between and within 15km of both the El Morro copper-gold project and the Relincho copper-moly project and along a major 50km wide NW-SE structural trend which is believed to be a major conduit of intrusions and fluids into the [...]
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