Pecoy Copper Launches on TSX Venture; Growth Path Ahead
Pecoy Copper Launches on TSX Venture
Pecoy Copper Corp. is thrilled to announce its debut on the TSX Venture Exchange (TSX-V) under the ticker symbol PCU. This significant step signals a promising future for the company, which is positioned to capitalize on its extensive copper-gold project in southern Peru.
A Game-Changing Project
Vincent Metcalfe, the President and CEO of Pecoy Copper, emphasized the importance of this listing, stating it marks a milestone in the company’s journey. The Pecoy project features a large-scale copper-gold-molybdenum deposit, which has shown immense exploration potential with less than 50,000 meters drilled thus far. Initial assessments of the South Breccia zone suggest the presence of gold mineralization, further enhancing the project’s viability.
Exploration and Development
Located in a geological hotspot known for productive copper mining, the Pecoy project spans approximately 9,975 hectares. This location is strategically significant due to its accessibility and proximity to major infrastructure, which lowers operational costs and enhances project economics. Pecoy’s recent exploration suggests a substantial Inferred resource of around 865 million tonnes at a grade of 0.34% copper, fueling optimism about its potential to yield significant returns as development proceeds.
Funding and Future Directions
Looking ahead, Pecoy Copper has a robust funding strategy secured for the next two years, which underscores its commitment to advancing the project. With strong partner support and a well-defined operational plan, the company aims to execute a range of exploration and development initiatives. Metcalfe noted that achieving a clean copper-gold concentrate is feasible, allowing them to cater to an enthusiastic market for copper products.
Technical Insights
The company has undertaken rigorous assessments compliant with NI 43-101 standards, ensuring that all technical information surrounding the Pecoy project is meticulously reviewed. The company’s Qualified Person, Vincent Cardin-Tremblay, P.Geo., has validated the scientific data, enhancing investor confidence and laying the groundwork for future disclosures.
Contact and Further Information
For those interested in learning more, Pecoy Copper invites you to reach out directly to their team. Vincent Metcalfe can be contacted via email at info@pecoycopper.com or by telephone at (514) 249-9960. The company's headquarters are located at Suite 1500, 1055 West Georgia Street, Vancouver, BC V6E 4N7.
Frequently Asked Questions
What is Pecoy Copper Corp.?
Pecoy Copper Corp. is a mining company focused on developing its significant copper-gold project located in southern Peru, now publicly listed on the TSX Venture Exchange.
When did Pecoy Copper start trading on the TSX Venture Exchange?
Pecoy Copper began trading on the TSX Venture Exchange today, marking a pivotal moment for the company as it seeks to advance its copper-gold project.
What resources does the Pecoy project have?
The Pecoy project has an Inferred resource of approximately 865 million tonnes at a grade of 0.34% copper, highlighting its substantial potential.
How is Pecoy Copper planning to fund its operations?
The company is fully funded for the next 24 months, ensuring it can execute its exploration and development plans effectively without interruption.
Who can I contact for more information about Pecoy Copper?
You can contact Vincent Metcalfe, President and CEO, for more details via email at info@pecoycopper.com or through the company’s office in Vancouver, BC.
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