Welcome to our dedicated page for Copper Quest news (Ticker: IMIMF), a resource for investors and traders seeking the latest updates and insights on Copper Quest stock.
Copper Quest Exploration Inc. (IMIMF) generates news primarily around its copper and gold exploration activities and portfolio transactions in North America. Company releases describe a focus on porphyry copper-gold and copper-molybdenum systems in British Columbia and Idaho, along with the acquisition of a past-producing underground gold mine in British Columbia.
Recent announcements have highlighted the acquisition of a 100% interest in the Kitimat Copper-Gold Project in the Skeena Mining Division of northwestern British Columbia, where historical drilling at the Jeannette Cu-Au Zone returned long, near-surface copper-gold intervals. News items also cover Copper Quest’s option and joint venture arrangements on the Rip copper-molybdenum Project, its 100% interests in the Stars, Stellar, Nekash and Thane properties, and its option to acquire the Alpine Gold Property in the West Kootenay region.
Investors following IMIMF news can expect updates on exploration programs, including soil and rock sampling, geophysical surveys, drilling plans and interpretations of historical data. Copper Quest has also reported a strategic partnership with Exploration Technologies Inc. (ExploreTech) to apply generative artificial intelligence to exploration datasets, beginning with the Kitimat Copper-Gold Project, and has provided details on how AI-driven modeling will be used to generate geological simulations and drill targets.
Financing developments, such as non-brokered private placements and flow-through share offerings intended to fund Canadian exploration expenditures, are another recurring news theme. Together, these releases offer insight into how Copper Quest is advancing its critical mineral portfolio, updating work programs and structuring project acquisitions and options. For investors and observers, the IMIMF news feed provides a centralized view of the company’s exploration progress, property transactions and technical partnerships.
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Interra Copper Corp has successfully completed a business combination with Alto Verde Copper Inc, adding to its portfolio of copper-focused projects. Following the merger, Chris Buncic has been appointed as the CEO, with Rick Gittleman joining the board. The company converted 5,781,722 subscription receipts into common shares and issued 2,890,861 purchase warrants, generating net proceeds of approximately $2.89 million. The funds will be utilized for advancing projects in Chile and Canada. This move positions Interra to leverage potential growth in the copper market due to expected declines in global supply.
On January 24, 2022, Interra Copper Corp. (CSE: IMCX) (OTCQB: IMIMF) reported summer drill results from the Thane Property in British Columbia. Drilling in the Cathedral Area yielded various mineralization intervals, featuring low-grade copper-gold results. Notable results include:
- TH21-3: 20.65m of 0.08% Copper
- TH21-4: 17.30m of 0.05% Copper
- TH21-6: 36.71m of 0.07% Copper
- TH21-12: 5.00m of 0.21% Copper
Interra is focused on expanding its mineralization knowledge and continuing drilling activities in the area.
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