Highland Copper Stock Price, News & Analysis

Highland Copper (OTCQB: HDRSF) will present at multiple investor conferences in February–March 2026. CEO Barry O’Shea will deliver virtual and in-person presentations and be available for 1x1 meetings at several events including Noble Virtual, OTC Markets Metals & Mining, Emerging Growth, Red Cloud Pre-PDAC, and PDAC (Booth 2422B).

Live webcasts and archived replays will be available where applicable for investors who cannot attend real-time.

Highland Copper (OTCQB: HDRSF) outlined a 2026 work plan to advance the Copperwood project toward a construction decision, building on 2025 execution. Key items include FEED awards to DRA, improved copper recoveries to 87.6%, a $250 million U.S. EXIM LOI (~60% of initial capital), and a definitive White Pine divestment expected to eliminate debt and leave >$20 million cash.

Plans target ~40% FEED, regional infrastructure design, permitting updates, continued environmental monitoring, and a financing process aligned with detailed engineering.

Highland Copper (OTCQB: HDRSF) signed a definitive agreement to sell its 34% interest in the White Pine North Project for aggregate consideration of approximately US$30 million.

The consideration comprises US$18.3 million in cash (net of an expected ~US$11.7 million outstanding loan principal and accrued interest) and includes an agreement to suspend cash calls under the joint operating agreement through closing. Proceeds are earmarked to fund corporate and Copperwood Project activities, eliminate existing debt, and streamline corporate structure.

The parties aim to close in January 2026 with an outside date of February 27, 2026, subject to customary closing conditions including TSX Venture Exchange approval, discharge of security interests held by streaming counterparties, and third‑party consents. Moelis is financial advisor; McMillan is legal advisor.

Highland Copper (OTCQB: HDRSF) signed a binding offer from joint‑venture partner Kinterra to sell its 34% interest in the White Pine North Project for approximately US$30 million. The consideration is structured as US$18.3 million cash net of an expected ~US$11.7 million outstanding loan principal and interest to be settled at closing. Parties agreed to suspend cash calls under the joint operating agreement until closing.

Highland Copper says net proceeds will fund corporate and Copperwood Project activities, eliminate existing debt, simplify the corporate structure, and support a push toward a construction decision at Copperwood. Completion is targeted by year‑end and remains subject to definitive agreements, customary closing conditions and regulatory approvals.

Highland Copper (OTCQB: HDRSF) completed Phase 1 detailed engineering for its 100%‑owned Copperwood Project on Oct 15, 2025, confirming design changes that improve recoveries, reduce costs and strengthen ESG performance.

Key technical outcomes include a redesigned plant targeting 87.6% copper recovery at 25% concentrate grade, an optimized reagent scheme saving ≈$1.00/tonne milled, adoption of Jameson cells and ISAMill regrind, mine trade‑offs showing drift‑and‑fill could raise recoveries from 69% to ~94%, thickened tailings to ~50% solids and potential ~40% surface TDF footprint reduction via underground storage.

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.