Opemiska West is 36 mineral claims over 1560 hectares and is immediately adjacent to and contiguous with the western border of QC Copper's Opemiska project, in the
The acquisition is a critical land package for the development of Opemiska, as these Opemiska West claims host the historic tailings from the
The acquisition of the Opemiska West claims is strategically important as they host potential additional feed upon evaluating the metal content from the historic tailings. More importantly, this gives the Company significant land immediately adjacent to Opemiska's conception open pit, which will be further defined in QC Copper's forthcoming updated Mineral Resource Estimate,' said Stephen Stewart, QC Copper's CEO.
Known Mineralization on Opemiska West Claims
Mineralization on the Opemiska West claims is similar to the Opemiska style copper vein typology, particularly given its proximity to the Springer and Perry mines. The mineralized veins of the Springer mine are restricted to fracture networks contained in the ophitic parts of the gabbroic Venture sill, and the veins are known to extend westward on to the Opemiska West claims.
Terms of the Acquisition
Upon final exchange approval and closing of the acquisition, in exchange for 100% ownership of the Opemiska West claims, QC Copper will issue 500,000 of its common shares to the Vendor,
For the latest videos from
Contact:
Tel: 416.644.1571
Email: sstewart@qccopper.com
Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements.
(C) 2023 Electronic News Publishing, source