Highland Copper Stock Price, News & Analysis

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.

Highland Copper (TSXV: HI; OTCQB: HDRSF) has received approval for its updated air permit from the Michigan Department of Environment, Great Lakes, and Energy (EGLE) for the Copperwood Project. The new permit, which replaces the 2018 version, allows the project to supplement main electrical supply with on-site generators when needed.

The approval process included a public comment period ending December 10, 2024, and a virtual public hearing on October 30, 2024. EGLE's Air Quality Division formally approved the application on February 27, 2025, following review of all submitted comments.

Highland Copper Company (TSXV: HI) (OTCQB: HDRSF) has announced its participation in Red Cloud's 13th Annual Pre-PDAC Mining Showcase, scheduled for February 27-28, 2025, at The Omni King Edward Hotel in Toronto.

CEO Barry O'Shea will deliver a presentation on February 27th at 1:40 PM EST. The conference will feature over 80 company presentations and facilitate more than 600 one-on-one meetings, along with keynote speeches from leading mining and finance industry figures.

Highland Copper Company's Copperwood Mine project has received unanimous support through new resolutions from multiple Western Upper Peninsula communities in Michigan. The project, expected to create over 700 direct and indirect jobs, has gained backing from Ironwood Township, Wakefield Township, Erwin Township, Gogebic County Board of Commissioners, and the Gogebic County Road Commission.

The fully permitted greenfield copper mine will make significant infrastructure investments in local roads, power, and telecommunications. The project adheres to Michigan's strict environmental standards, including a 12:1 wetland preservation/creation ratio and a self-funded closure plan. Twenty-one government units have issued support resolutions, with additional backing from local institutions and community leaders.

The project aims to strengthen the local economy while protecting natural resources, including Lake Superior and the Porcupine Mountain State Park. The mine will not draw water from Lake Superior and includes plans for infrastructure dismantling and habitat restoration after its operational life.

Highland Copper Company (TSXV: HI; OTCQB: HDRSF) has announced its CEO Barry O'Shea's upcoming participation in several major mining conferences and events from February to March 2025. The schedule includes:

• Emerging Growth Conference (Virtual) - Feb 18
• Mines and Money Miami - Feb 20-21
• BMO Global Metals & Mining Conference - Feb 23-26
• Red Cloud's Pre-PDAC Mining Showcase - Feb 27-28
• PDAC Toronto - March 2-5
• Centurion One Capital Growth Conference - March 6

At these events, O'Shea will deliver presentations and participate in panels, including a Critical Mineral Outlook 2025 Panel. The company will be available for one-on-one meetings at most events. Investors can interact and ask questions during live presentations, with archived webcasts available afterward where applicable.

Highland Copper Company (TSXV: HI; OTCQB: HDRSF) has launched a new drilling program focused on collecting samples for advanced metallurgical testing, specifically targeting ultra-fine flotation technology implementation. The initiative, part of the company's Front-End Engineering and Design work, aims to enhance the grade-recovery curve and improve project economics.

The technology could potentially deliver dual benefits: improved recovery rates and reduced processing plant footprint, supporting both operational efficiency and environmental goals. CEO Barry O'Shea emphasized the program's significance in implementing innovative technologies that could enhance metal recovery while reducing environmental impact.

The drilling program is expected to conclude by mid-March 2025, with samples to be analyzed in partnership with leading metallurgical laboratories to validate the technology's potential for the company's operations.