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Canada One Mining Corp. reports company news centered on exploration activity at its 100%-owned Copper Dome Project near Princeton, British Columbia. Recurring updates cover surface sampling, assay results, geological mapping, mobile metal ion sampling, geophysical survey planning, and interpretation of copper-gold porphyry targets.
Company announcements also describe project expansions through adjacent staking and property acquisition, exploration permits, and technical updates for areas such as the Boundary Zone, Friday Creek Zone, Reco target, and Combination Creek. News releases frequently connect these developments to the project's position beside the Copper Mountain Mine in the lower Quesnel Trough.
Canada One Mining Corp (TSXV: CONE) (OTC Pink: COMCF) has expanded its Copper Dome Project in Princeton, British Columbia through the acquisition of new claims. The expansion, termed Copper Dome East, adds 1,728 hectares to the project, bringing the total land position to 7,997 hectares.
Historical fieldwork in the newly staked area has identified two significant mobile metal ion (MMI) anomalies: a copper-silver anomaly measuring 2900m x 1300-1900m oriented northwest-southwest, and a molybdenum anomaly spanning 2100m x 400-900m oriented north/northwest to south/southwest.
The company's immediate focus remains on the Boundary Zone, located 1.5km from Copper Mountain Mine's super pit, where they await drill permits.
Canada One Mining Corp (TSXV: CONE) (OTC Pink: COMCF) has appointed Dr. Maria Mockova as an independent director to its board. Dr. Mockova brings extensive credentials including a doctorate in Microeconomics and Masters in Economic Diplomacy from Prague University of Economics and Business.
Her professional background includes executive roles in international branding and marketing for a global beverage company, overseeing Czech and Slovak offices. She has served on various private company boards and recently expanded into public markets, focusing on early-stage junior companies. Dr. Mockova is multilingual, speaking English, Slovak, and Czech.
The appointment coincides with the resignation of Rodney Stevens from the board of directors. The company believes Dr. Mockova's experience with early-stage companies will benefit the development of their Copper Dome project.
Canada One Mining Corp. (TSXV: CONE) (OTC Pink: COMCF) has appointed Gordon Neal to its Advisory Board. Neal, currently the President and CEO of World Copper , brings extensive executive experience in the metals industry. His career highlights include founding Neal McInerney, Canada's second-largest full-service investor relations firm, and serving as a communications advisor in the Prime Minister's office.
Neal expressed optimism about the copper market, citing a major metals bull cycle and ongoing supply shortage. He views the Copper Dome project as promising, with historical mineralization warranting further exploration. Neal's appointment is expected to benefit Canada One's team with his experience as an executive, board member, and strategist in the mining sector.
Canada One Mining Corp. (TSXV: CONE, OTC Pink: COMCF) has announced a non-brokered private placement of up to 37,500,000 units at $0.02 per unit, aiming to raise $750,000. Each unit includes one common share and one warrant, exercisable at $0.05 per share for three years post-closing. The funds will support exploration, development, liability settlements, and general administrative expenses, with up to 10% allocated for investor relations and non-arms length parties. The private placement is expected to close by August 23, 2024, pending regulatory approvals. The previously announced placement from April 15, 2024, has been cancelled. Additionally, revised expenditure requirements for the CM1 copper property include $30,000 by October 15, 2024, $75,000 by October 15, 2025, and $100,000 by October 15, 2026.
Canada One Mining Corp. (TSXV: CONE, OTC Pink: COMCF, FSE: AU31) has announced the appointment of Edward Rochette to its Advisory Board. Mr. Rochette has over 25 years of experience in the mining sector, having worked in over 35 countries. His notable acquisitions include the Monywa Copper, Bong Mieu Gold Mine, Bakyrchik Gold Mine, and Miwah Gold Project. Rochette has also played a key role in the consolidation and reopening of the Cripple Creek mining district, now owned by Newmont Mining with a 13M ounce gold reserve. Currently, he is a consultant to Robert Friedland, founder and Executive Co-Chairman of Ivanhoe Mines Rochette expressed enthusiasm for Canada One's Copper Dome project, emphasizing its location in an established mining jurisdiction next to the operating Copper Mountain mine. The company's president and CEO, Peter Berdusco, highlighted Rochette's extensive experience and its potential to enhance the company's profile and projects.
Canada One Mining Corp. has announced the appointment of Dave Anthony to its Advisory Board. Mr. Anthony brings over 40 years of experience in mine project development and operation, having held significant roles such as COO of African Barrick Gold and Cardinal Resources. He is currently the CEO of Asante Gold His expertise spans across Canada, Africa, Ecuador, Brazil, Indonesia, Chile, and Argentina, and includes designing, delivering, and operating both open pit and underground mining assets. Mr. Anthony's experience aligns well with Canada One's Copper Dome project, situated near the operational Copper Mountain mine.
Canada One Mining has appointed Peter Holbek as Head of the Technical Advisory Board. Holbek, a founding member of Copper Mountain Mining, brings over 40 years of experience in geology and mineral exploration. His notable achievements include directing the discovery and development of copper-gold porphyry deposits. Holbek's extensive knowledge of the Copper Dome project, which is adjacent to Copper Mountain, is expected to enhance Canada One's exploration efforts. CEO Mr. Berdusco highlighted that Holbek’s expertise will significantly improve the company's exploration strategies and outcomes.
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