Highland Copper Stock Price, News & Analysis

Highland Copper (OTCQB: HDRSF) has secured a non-binding Letter of Interest (LOI) from the Export-Import Bank of the United States (EXIM) for potential debt financing of up to US$250 million for its Copperwood Project in Michigan.

The financing, issued under EXIM's Make More in America Initiative, would cover a significant portion of the US$400 million initial capital required for the project. The LOI includes a potential 11-year repayment term. Copperwood is among few U.S. copper projects with all major permits and a completed feasibility study.

While the LOI demonstrates federal-level recognition, it is non-binding and requires further due diligence, formal application, and meeting EXIM's underwriting criteria for final commitment.

Highland Copper (OTCQB: HDRSF) has successfully completed its environmental mitigation program at the Copperwood Project in Michigan. The program, completed within budget and in compliance with Michigan regulations, showcases the company's commitment to concurrent reclamation and responsible development.

Key achievements include the creation of 18 acres of compensating wetlands, planting of 20,000 native trees and plants, and the commitment to establish a 717-acre wetland preservation area. The project has demonstrated successful vegetation growth and habitat development, with ongoing monitoring from the Michigan Department of Environment, Great Lakes, and Energy (EGLE).

Highland Copper (OTCQB:HDRSF) announced significant improvements to its Copperwood Project's process plant design, achieving increased copper recoveries of 87.6% at a 25% copper concentrate grade. The redesigned plant incorporates ultrafine flotation technology and an optimized reagent scheme, leading to reduced processing costs.

Key improvements include a mill-float-mill-float (MF2) flowsheet with de-sliming capabilities, resulting in 10-13.7% reduction in power requirements and up to $1.00 per tonne savings in operating costs. Glencore Technologies is offering a performance guarantee for the improved recovery estimates, marking a significant upgrade from the 2023 Feasibility Study's 86% recovery rate.

Highland Copper Company (OTCQB: HDRSF) has announced the approval of equity-based compensation grants to its directors, executive officers, and employees. The package includes 6,632,271 stock options at CDN$0.095 per share with a five-year term, 3,116,875 Restricted Share Units (RSUs), and 1,973,684 Deferred Share Units (DSUs).

The stock options will vest in three tranches: one-third immediately and one-third on each of the first and second anniversaries. Both RSUs and DSUs will vest equally over three years on the first, second, and third anniversaries of the grant date.

Highland Copper Company (OTCQB: HDRSF) was featured in CEO.CA's 'Inside the Boardroom' interview series, highlighting the company's Copperwood copper project in Michigan. CEO Barry O'Shea discussed the project's development status, noting it is fully permitted with a completed feasibility study and strong community support.

The company is pursuing a $50 million Michigan state grant and implementing ultra-fine flotation technology that could improve recovery rates beyond the current 86%. Highland is positioning itself as a key player in America's critical minerals sector, with a construction decision expected in 2026.

Highland Copper (OTCQB: HDRSF) provided significant updates on its 100%-owned Copperwood Project in Michigan. The project is under consideration for a $50 million grant from the Michigan Economic Development Corporation, with Wakefield Township directly requesting the infrastructure grant from the Michigan legislature as an alternative path.

The company has awarded key Front-End Engineering and Design (FEED) contracts to multiple firms: DRA Global for mine and process plant engineering, Foth for water management, and Tetra Tech for the Tailings Disposal Facility. Highland plans to transition to Phase 2 engineering in Q3 2025, targeting 35% completion for main components and 85% for TDF by Q1 2026.

Additionally, preliminary metallurgical optimization results suggest potential for a mill-float-mill-float circuit configuration, with final results expected in Q3 2025. The company has also substantially completed its on-site mitigation activities, including planting 20,000 trees in newly constructed wetland areas.

Highland Copper Company has engaged Velocity Trade Capital Ltd. to provide market making services, aiming to maintain an orderly market and improve share liquidity. The agreement includes Velocity Trade participating in trading Highland's shares to reduce volatility. Highland will pay Velocity Trade $6,000 monthly, with either party able to terminate the contract after 60 days with 30 days notice. Velocity Trade is an independent investment dealer headquartered in Toronto, regulated across multiple jurisdictions including Canada, UK, Netherlands, Australia, South Africa, and Singapore. The engagement is subject to TSX Venture Exchange acceptance.

Highland Copper (HDRSF) has reported significant progress on its Copperwood Project and White Pine North Project in Michigan's Upper Peninsula. At Copperwood, the company has completed its metallurgical drilling program, with approximately 400 kilograms of core samples now being tested. The company is advancing through phased detailed engineering, with Phase 1 expected to conclude in Q3 2025 and Phase 2 aiming to achieve 35% engineering completion by early 2026. The project has received strong support from federal, state, and local authorities, including a proposed $50 million grant pending approval. At White Pine, joint venture partner Kinterra Copper is progressing with environmental baseline studies, resource updates, and engineering trade-offs. Both projects are strategically positioned to leverage copper prices and contribute to North American copper production.

Highland Copper Company (TSXV: HI) (OTCQB: HDRSF) has announced significant progress in its copper development project in the United States. The company has reached important milestones by securing all key permits and completing a feasibility study for its copper asset. Highland Copper is strategically positioning itself to meet the growing domestic copper demand, particularly aligned with national priorities in clean energy, infrastructure, and resource security. The project is now considered one of the most development-ready copper assets in the U.S., with engineering work currently in progress.