Latest news with #CordilleraCobreProject
Cision Canada
2 days ago
- Business
- Cision Canada
Super Copper Announces Phase 2 Exploration Program at Flagship Project in Chile
Ground Geophysics, Historical Core Sampling, and Surface Channel Rock Sampling Work Planned Across High-Priority Targets VANCOUVER, BC, June 10, 2025 /CNW/ - SUPER COPPER CORP. (CSE: CUPR) (OTCQB: CUPPF) (FSE: N60) (" Super Copper" or the " Company"), is pleased to announce its Phase 2 exploration program at the Cordillera Cobre Project, located in Chile's Coastal IOCG belt. This next phase of work follows the success of the Company's initial property-wide surface program, which confirmed widespread, high-grade copper mineralization at surface. Notably, 46 rock grab samples returned assays above 1% copper (Cu), including 11 samples exceeding 5% Cu, with a peak result of 10.3% Cu (see news release dated February 18, 2025. Note, by their nature, that surface samples are selective and may not represent underlying mineralization.) Phase 2 is designed to advance the Company's understanding of its highest-priority copper targets and establish a data-driven foundation for an inaugural drill program. The program includes detailed ground geophysical surveys, sampling of historical core, and systematic channel sampling across key mineralized zones. High Priority Copper Targets: The Company has identified the primary target areas of the Cordillera Cobre Project for the Phase 2 work: El Alto Calcite Hill These areas returned consistent high-grade copper values and feature visible oxide mineralization, including malachite, tenorite, chalcocite, and bornite, with potential for sulfide mineralization at depth. The Company also identified legacy mine workings and underground shafts, including those at Mina Anima, as well as historical drill collars and available core at El Alto, which will be verified and re-sampled as part of the Phase 2 program. A few secondary targets that returned high grade copper values such as the Copper Tuffs and Eastern Mine may also see follow-up sampling during the Phase 2 program. Phase 2 Exploration Program The program is anticipated to include: Induced Polarization (IP) Geophysics – IP surveys targeting El Alto and Calcite Hill to identify chargeability anomalies potentially associated with deeper sulfide zones. Ground Magnetometry Survey – Covering Calcite Hill and surrounding zones to delineate structural controls and magnetic anomalies. Core Sampling & Verification – Systematic sampling of unsampled historical core from El Alto to confirm past observations and guide future drilling. Channel Sampling & Prospecting – Focused work at Mina Anima, Calcite Hill outcrops and mine workings, and new targets in the northwest area of the property. Zachary Dolesky, CEO of Super Copper, stated: "This is a pivotal step in our growth, transitioning from compelling surface data to defining drill-ready targets. With multiple corporate milestones complete, we've eliminated distractions and are laser-focused on the rocks. Backed by a new strategic shareholder and an expanded network, Super Copper is excited to execute its Phase 2 program and keep building its platform." Phase 3 and Additional Exploration Upon completion of Phase 2 and subject to the Company obtaining additional financing, the Company aims to launch a Phase 3 program focused on drilling high-priority targets identified through the current work provided Phase 2 results warrant further exploration. The northwest portion of the property remains underexplored and will be further assessed for future expansion potential. Timeline Super Copper is working closely with its geological team, consultants, technology providers, and execution partners to finalize Phase 2 scheduling. An update will be issued once the program is complete, with results expected in the second half of 2025. About Super Copper Corp. Super Copper is a mining exploration company focused on the acquisition, exploration and development of copper and precious metal projects. It is currently developing its joint venture in a prospective Chilean copper property located within the copper-rich Venado Formation in the province of Atacama, Northern Chile, a region with world-class infrastructure and the presence of global majors. | The technical content of this news release has been reviewed and approved by Michael Dufresne, an independent qualified person (QP) as defined by National Instrument 43-101. The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release. Forward-Looking Statements This news release contains forward-looking statements and information within the meaning of applicable securities laws (collectively, "forward-looking statements"). Forward-looking statements relate to future events or performance and include statements regarding, but not limited to: the scope and components of the Phase 2 exploration program at the Cordillera Cobre Project; the timing and results of exploration activities; the identification and prioritization of drill targets; the anticipated commencement of a Phase 3 drill program; the Company obtaining additional financing to fund exploration activities, the geological potential of identified targets; and the Company's strategic plans, growth trajectory, and positioning within the copper sector. Forward-looking statements are based on management's current expectations, beliefs, and assumptions, and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. Such risks include, without limitation: delays or unforeseen challenges in exploration execution; results of sampling and geophysics not meeting expectations; inaccuracies in geological interpretations; inability to secure permits, financing, or equipment; fluctuations in commodity prices and market demand; and regulatory or geopolitical developments in the jurisdictions where the Company operates. The use of words such as "plans," "expects," "intends," "anticipates," "believes," "may," "will," "should," "potential," "aims" and similar terminology often identifies forward-looking statements, although not all forward-looking statements include these words. Readers are cautioned not to place undue reliance on forward-looking statements. Although the Company believes the assumptions underlying these statements are reasonable, there can be no assurance they will prove to be accurate. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Investors are encouraged to consult the Company's public filings available on SEDAR+ for a comprehensive discussion of risk factors relevant to its business and operations. SOURCE Super Copper Corp.
Yahoo
2 days ago
- Business
- Yahoo
Super Copper Announces Phase 2 Exploration Program at Flagship Project in Chile
Ground Geophysics, Historical Core Sampling, and Surface Channel Rock Sampling Work Planned Across High-Priority Targets VANCOUVER, BC, June 10, 2025 /CNW/ - SUPER COPPER CORP. (CSE: CUPR) (OTCQB: CUPPF) (FSE: N60) ("Super Copper" or the "Company"), is pleased to announce its Phase 2 exploration program at the Cordillera Cobre Project, located in Chile's Coastal IOCG belt. This next phase of work follows the success of the Company's initial property-wide surface program, which confirmed widespread, high-grade copper mineralization at surface. Notably, 46 rock grab samples returned assays above 1% copper (Cu), including 11 samples exceeding 5% Cu, with a peak result of 10.3% Cu (see news release dated February 18, 2025. Note, by their nature, that surface samples are selective and may not represent underlying mineralization.) Phase 2 is designed to advance the Company's understanding of its highest-priority copper targets and establish a data-driven foundation for an inaugural drill program. The program includes detailed ground geophysical surveys, sampling of historical core, and systematic channel sampling across key mineralized zones. High Priority Copper Targets: The Company has identified the primary target areas of the Cordillera Cobre Project for the Phase 2 work: El Alto Calcite Hill These areas returned consistent high-grade copper values and feature visible oxide mineralization, including malachite, tenorite, chalcocite, and bornite, with potential for sulfide mineralization at depth. The Company also identified legacy mine workings and underground shafts, including those at Mina Anima, as well as historical drill collars and available core at El Alto, which will be verified and re-sampled as part of the Phase 2 program. A few secondary targets that returned high grade copper values such as the Copper Tuffs and Eastern Mine may also see follow-up sampling during the Phase 2 program. Phase 2 Exploration Program The program is anticipated to include: Induced Polarization (IP) Geophysics – IP surveys targeting El Alto and Calcite Hill to identify chargeability anomalies potentially associated with deeper sulfide zones. Ground Magnetometry Survey – Covering Calcite Hill and surrounding zones to delineate structural controls and magnetic anomalies. Core Sampling & Verification – Systematic sampling of unsampled historical core from El Alto to confirm past observations and guide future drilling. Channel Sampling & Prospecting – Focused work at Mina Anima, Calcite Hill outcrops and mine workings, and new targets in the northwest area of the property. Zachary Dolesky, CEO of Super Copper, stated: "This is a pivotal step in our growth, transitioning from compelling surface data to defining drill-ready targets. With multiple corporate milestones complete, we've eliminated distractions and are laser-focused on the rocks. Backed by a new strategic shareholder and an expanded network, Super Copper is excited to execute its Phase 2 program and keep building its platform." Phase 3 and Additional Exploration Upon completion of Phase 2 and subject to the Company obtaining additional financing, the Company aims to launch a Phase 3 program focused on drilling high-priority targets identified through the current work provided Phase 2 results warrant further exploration. The northwest portion of the property remains underexplored and will be further assessed for future expansion potential. Timeline Super Copper is working closely with its geological team, consultants, technology providers, and execution partners to finalize Phase 2 scheduling. An update will be issued once the program is complete, with results expected in the second half of 2025. About Super Copper Corp. Super Copper is a mining exploration company focused on the acquisition, exploration and development of copper and precious metal projects. It is currently developing its joint venture in a prospective Chilean copper property located within the copper-rich Venado Formation in the province of Atacama, Northern Chile, a region with world-class infrastructure and the presence of global majors. | The technical content of this news release has been reviewed and approved by Michael Dufresne, an independent qualified person (QP) as defined by National Instrument 43-101. The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release. Forward-Looking Statements This news release contains forward-looking statements and information within the meaning of applicable securities laws (collectively, "forward-looking statements"). Forward-looking statements relate to future events or performance and include statements regarding, but not limited to: the scope and components of the Phase 2 exploration program at the Cordillera Cobre Project; the timing and results of exploration activities; the identification and prioritization of drill targets; the anticipated commencement of a Phase 3 drill program; the Company obtaining additional financing to fund exploration activities, the geological potential of identified targets; and the Company's strategic plans, growth trajectory, and positioning within the copper sector. Forward-looking statements are based on management's current expectations, beliefs, and assumptions, and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. Such risks include, without limitation: delays or unforeseen challenges in exploration execution; results of sampling and geophysics not meeting expectations; inaccuracies in geological interpretations; inability to secure permits, financing, or equipment; fluctuations in commodity prices and market demand; and regulatory or geopolitical developments in the jurisdictions where the Company operates. The use of words such as "plans," "expects," "intends," "anticipates," "believes," "may," "will," "should," "potential," "aims" and similar terminology often identifies forward-looking statements, although not all forward-looking statements include these words. Readers are cautioned not to place undue reliance on forward-looking statements. Although the Company believes the assumptions underlying these statements are reasonable, there can be no assurance they will prove to be accurate. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Investors are encouraged to consult the Company's public filings available on SEDAR+ for a comprehensive discussion of risk factors relevant to its business and operations. SOURCE Super Copper Corp. View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-03-2025
- Business
- Yahoo
Super Copper CEO Provides Strategic Update Amid Record Copper Prices
Copper Spot Price Surpasses $5.20 per Pound, Highlighting Strong Market Fundamentals Oversubscribed Financing Completed, Providing Capital to Accelerate Business Goals Flagship Project in Chile is Advancing: Super Copper Aims to Secure Drilling Permits, Execute its Second Round of Geophysics, and Commence Drilling. Material Science Division Seeks to Enhance Copper Processing with Biopolymer Technology VANCOUVER, BC, March 27, 2025 /CNW/ - SUPER COPPER CORP. (CSE: CUPR) (OTCQB: CUPPF) (FSE: N60) ("Super Copper" or the "Company"), a mining exploration company, is pleased to provide a corporate update following the recent increase in copper's spot price to over $5.20 per pound. This significant price milestone underscores copper's critical role in the clean-energy transition, modern infrastructure, and advanced manufacturing globally. CEO, Zachary Dolesky, states "The copper market is signaling a clear trend: demand for this essential metal is increasing, fueled by electrification and innovation. Super Copper is well-positioned to seize this opportunity. Our Cordillera Cobre Project in Chile—one of the world's top copper regions—is delivering results, with recent sampling confirming widespread high-grade mineralization. With our recently oversubscribed financing complete, we're committed to building our business with fundamentals at the forefront." Market Backdrop: What Price Tells Us Rising Demand: Electric vehicles (EVs), renewable power grids, and industrial automation are fueling increased levels of copper consumption. Continued Supply Constraints: Aging mines, declining ore grades, and geopolitical uncertainties are tightening global supply, further elevating copper's value. Established Chilean Position: As the world's top copper-producing nation, Chile fosters large-scale mining investment and technological innovation—a prime environment for Super Copper's activities. Progress Update: Super Copper's Flagship Project Cordillera Cobre High-Grade Samples Multiple trench and surface assays from 5–10% copper, with a peak of up to 10.3% Cu grade. Elevated silver content (up to 296 g/t) underscores the project's potential for multi-metal mineralization. Calculated Exploration & Drilling Plan The Company is finalizing a geophysical survey plan to refine drilling targets, with permitting in progress. The goal is to initiate a multi-phase drill program following results and analysis of the next geophysical program, focusing on high-priority areas. Strategic Location & Infrastructure Situated in Chile's Atacama Province, the Cordillera Cobre Project benefits from proximity to established mining infrastructure, experienced local workforce, and strong community support. Super Copper's expansion strategy includes evaluating additional prospective zones within the region to broaden the Company's exploration footprint. A Key Differentiator: Super Copper's Material Science Division Biopolymer Innovation: Super Copper's R&D team, in partnership with MetaFLO, is advancing proprietary biopolymer solutions designed to enhance copper processing while reducing environmental impact. High-Growth Comparable Landscape: The rising valuations of comparable mining-technology firms reflect growing investor recognition of the financial benefits that come from process-innovation in mining. "We believe our integrated approach—combining traditional mineral exploration with material science development—sets us apart. While we move forward on the ground in Chile, our biopolymer initiative is progressing with follow up announcements to be provided." added Dolesky. "We believe this strategy is key to delivering near- and long-term value for shareholders." Corporate Outlook: What's Ahead for Super Copper Capital Structure Alignment: Management and strategic partners hold a material stake in Super Copper, ensuring alignment with shareholder interests. Partnerships & Team Expansion: The Company is in active discussions to bring on new strategic investors and technical experts, with announcements to be expected upon new additions. Milestone Achievement: Over the next 6–12 months our key objectives include finalizing drilling permits, completing additional geophysics, commencing drill planning, and to continue advancing the biopolymer initiative towards commercial readiness. Super Copper is advancing in a booming and dynamic copper market. The Company's recent high-grade copper sample results at its Cordillera Cobre Project in Chile, along with the momentum of its material science division demonstrate a clear growth trajectory. The Company looks forward to sharing further milestones and updates as exploration and innovation efforts progress. Additionally, the Company announces that it has engaged the US-based corporate communications firm RB Milestone Group LLC ("RBMG") to provide investor relations services including corporate communications advisory services, non-deal roadshow advisory services, market intelligence advisory services, and business referrals to the management of the Company. The Company's agreement with RBMG is for an initial term of six months, commencing on March 17, 2025, and will renew each month thereafter until terminated. Either party can terminate the agreement at any time following the initial six-month term by providing the other party with 30-days' written notice. Pursuant to the agreement, the Company has agreed to pay RBMG US$59,500 as consideration for its services in the initial six-month term. Additionally, if the agreement continues beyond the initial six-month term, the Company has agreed to pay RBMG a monthly fee of US$4,500. RBMG is arm's length to the Company and, to the knowledge of the Company, RBMG and its principals do not have any present equity interest in the Company's securities, directly or indirectly, or any right to acquire any equity interest. RBMG's business is located at 700 Canal Street, First Floor, Stamford, Connecticut 06902, and RBMG can be contacted at: info@ or 203-487-2990. The Company also announces that it has engaged Danayi Capital Corp. ("Danayi"), a Vancouver-based marketing firm, to provide investor relations and digital marketing services to the Company, including disseminating news and information on the Company to the public through multiple digital media channels. The Company entered into a digital marketing agreement with Danayi for an initial term of one month, commencing on March 26, 2025, whereby the Company will pay Danayi US$25,000 for its services. Danayi is arm's length to the Company and, to the knowledge of the Company, Danayi and its principals do not have any present equity interest in the Company's securities, directly or indirectly, or any right to acquire any equity interest. Danayi's business is located at 550 - 800 West Pender Street, Vancouver, BC, V6C 2V6, and Danayi can be contacted at: About Super Copper Corp. Super Copper is a mining exploration company with a Material Science and Technology Division focused on developing innovative chemical solutions to improve metal recovery processes and reduce chemical waste in the mining industry. The Company is also advancing its flagship copper project in Atacama, Chile—a region with world-class infrastructure and the presence of global majors. | The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release. Forward-Looking Statements This press release contains forward-looking statements regarding future events and the future performance of Super Copper Corp. ("Super Copper" or the "Company"). Forward-looking statements include, but are not limited to: the potential significance of the sampling results at the Cordillera Cobre Property; the presence of a high-grade copper system; plans for geophysical surveys, additional sampling, and drilling; the potential for identifying feeder structures and expanding known mineralized zones; the overall exploration strategy and future activities at the project; the services to be provided to the Company by RBMG; and the services to be provided to the Company by Danayi. Forward-looking statements reflect management's beliefs, expectations, and estimates as of the date of this news release. These statements are subject to various risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including, but not limited to: exploration results not meeting expectations; geological interpretations proving incorrect; difficulties in obtaining permits or financing for further exploration; changes in commodity prices and market conditions; and general economic and regulatory factors affecting the mining industry. The words "anticipate," "believe," "expect," "intend," "estimate," "plan," "may," "will," "should," "potential," and similar expressions are intended to identify forward-looking statements. Although Super Copper believes that the expectations and assumptions reflected in these statements are reasonable, no assurance can be given that actual results will be consistent with these forward-looking statements. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Investors should carefully review the risks and uncertainties described in the Company's public filings before making investment decisions. SOURCE Super Copper Corp. View original content to download multimedia: Sign in to access your portfolio
