Quetzal Copper: Copper Exploration to Help Secure North America’s Supply Chain
Quetzal Copper (TSXV:Q) focuses on three drill-ready copper projects in British Columbia, Canada: Princeton, Big Kidd and DOT, all situated in the copper-rich jurisdiction of British Columbia and nearby producing mines such as Teck’s Highland Valley copper mine, Hudbay’s Copper Mountain mine, and the Craigmont mine.
Quetzal Copper’s focus on copper is very attractive given current supply and demand dynamics. The company’s flagship is the Princeton copper project has seen limited historical drilling, and studies have identified targets characterized by copper mineralization and geochemical anomalies. Quetzal plans to begin drilling at the Princeton and Big Kidd projects in 2024.
The Princeton copper project spans an area of 11,500 hectares and is approximately 5 kilometers from Princeton town in British Columbia. The project is located to the north of Copper Mountain mine. The project represents an ideal location and favorable geology for copper exploration, located between the Copper Mountain mine and the Miner Mountain properties.
Company Highlights
- Quetzal Copper is a copper exploration company focused on three drill-ready copper projects in British Columbia: Princeton, Big Kidd, and DOT. Additionally, the company recently acquired the Cristinas copper project in Mexico.
- The flagship Princeton copper project is located northeast of Copper Mountain mine in British Columbia. The company is planning a significant drill program for the project in 2024.
- The Big Kidd copper project is located in southern British Columbia, midway between the Copper Mountain and New Afton mines. The company has an option to acquire 100 percent interest in this project.
- The DOT copper project is located south of the Highland Valley mine in southern British Columbia. The company has an option to acquire 100 percent interest in this project.
- Historical drilling at Cristinas yielded impressive results intersecting 4.7 meters @3.2 percent copper and 3.7 meters @3 percent copper. The Cristinas project offers shareholders a compelling risk/reward profile for an exploration venture.
- Given that around 38 percent of the world’s copper is supplied by two countries (Chile and Peru), a North American supply source makes the company’s projects very attractive.
- The company’s senior leadership team is well-experienced in both geoscience and capital markets, which will help the company unlock the potential of its projects.
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