QC Copper is focused on advancing its its past-producing Opemiska Copper Mine Complex in the Chapais-Chibougamau region of Quebec. The company recently announced its robust Maiden Resource Estimate with 81.7M tonnes @ 0.88% CuEq of pit constrained Measured and Indicated Mineral Resources and 21.3M tonnes @ 0.73% CuEq of Inferred Mineral Resources.
Given QC Copper and Gold's geologic model and knowledge of existing mineralization, the company sees ample room to grow this Mineral Resource with further exploration and definition drilling. There are few comparable copper-gold deposits that offer this combination of substantial size, robust grades, and excellent on-site infrastructure all located in the Province of Quebec. This initial Mineral Resource firmly establishes Opemiska as a unique and attractive project backed by a team focused on additional Mineral Resource growth, aggressive exploration of local exploration targets and advancing Opemiska towards future development.
With copper prices increasing significantly since February/March 2020, QC Copper remains undervalued and remains an excellent opportunity to get exposure to copper.