US Copper Corp
US Copper Corp is a junior copper exploration company listed on the TSX Venture Exchange under the symbol USCU.
We are focused on advancing the Moonlight-Superior Project in California and believe that the green revolution will fuel copper demand. + Copper resource of 1.3 billion pounds of copper Indicated & 1 billion pounds of copper Inferred and a historical resource estimate of 4 billion pounds of copper.
+ Historical production of 161 million pounds of copper at 2.2% grade from 1915 to 1930.
+ Located i
Looking for a comprehensive report on copper price? Have a look at this summary of Q2 2024 to get a complete overview of what drove supply and demand, as well as what investors are expecting in the second half of 2024.
It analyzes the peak of the price in May as well as the recent pull back at the end of Q2, as well as opinions from industry players and analysts.
Read more ➡️ https://loom.ly/KCluULE
The Moonlight-Superior 2018 PEA, prepared by Tetra Tech Inc., had the following highlights:
- After-tax NPV: US$179M at an 8% discount rate and a US$3.15 copper price
- After-tax IRR: 14.6%
- Initial Capital Cost: US$513M, including a contingency provision in the amount of US$71M
- Plant Processing Rate: 60,000 tons per day (STPD)
- Average Copper Recovery: 86.0%
- Mine Life: 17 years, based on the existing Mineral Resource estimate at Moonlight
- Life of Mine Copper Production: 1.5 billion pounds
Discover more in our recently updated investor presentation ➡️ https://loom.ly/LiYbSLE
: USCU : USCUF
Rio Tinto is the world's second largest copper producer which recently said it's contemplating the acquisition of copper assets and recognized that finding quality prospects would be expensive. In this article, the writer explores the different reasons why miners of this size are making moves to consolidate the sector. ➡️ https://loom.ly/HbU2JAA
Rio Tinto open to major acquisitions to meet copper goals - MINING.COM CEO Jakob Stausholm noted that buying quality assets in the current “hot market” would be “seriously" expensive.
China is the world's leading consumer of and has certainly influenced the metal's price this year.
This article looks at different factors that investors will be considering when investing in copper in the short term: inventories, long-term futures charts and more. ➡️ https://loom.ly/ewNxi9U
We are working hard to advance our Moonlight-Superior project back into production and excited about the opportunity to be an integral supplier of the copper metal required by the U.S. domestic market for the energy transition.
Read our recent news release for more details on how we are working on the completion of our project's PEA ➡️ https://loom.ly/dy6qw5I
🇨🇦 : USCU 🇺🇸 : USCUF
Are prices a can't-miss bet? In this recent article, a point is made that copper prices recently came down from the recent spring spike. However, with the ongoing AI boom and the green energy transition, are investors going to take notice on how this can potentially amplify long-term copper supply deficits? More here ➡️ https://loom.ly/ZNl8nhs
We are pleased to announce that US Copper has retained Global Resource Engineering of Denver, Colorado to complete a Preliminary Economic Assessment (PEA) on its entire 100% controlled Moonlight-Superior Project in Northeast California.
Read the full news release to learn all the details ➡️ https://loom.ly/tQtwraY
🇨🇦 : USCU 🇺🇸 : USCUF
The Moonlight deposit is open in multiple directions and at depth with 52 holes still in mineralization. Placer-Amex owned the property from 1960 to 1994, drilling over 400 holes and estimating a resource (non NI:43-101 compliant) of 4 billion pounds of copper.
Read more about our exploration history ➡️ https://loom.ly/H-z-CS4
Reaching net-zero by 2050 requires volumes of humanity has never produced before, to be used in electronics, wind and solar installations, nuclear facilities, and more. Over the next 27 years, the world will demand nearly twice the volumes of copper the world has produced over the previous 3000 years.
See the full ➡️ https://loom.ly/H5pJOtc
History fact! US Copper is developing the historic Superior and Engels Mines. These mines have an interesting story that started back at the beginning of the last century. Watch this short video that explains the history of our project ➡️ https://loom.ly/jkwLX2A
🇨🇦 : USCU 🇺🇸 : USCUF
Crazy fact! If the world is able to achieve the zero-emissions goal by 2050, the cables of our grid would be able to stretch to the sun if laid out in a single line. This is more than double the length of our today.
According to BloombergNEF, solar and wind are the core of the transition but it would be pointless if we have no infrastructure to transport this clean energy to the end user.
Electric vehicles also need a charging network, energy storage is needed for intermittent renewables and electrolyzers will need to be powered to produce green energy!
Read more ➡️ https://loom.ly/ATOnJks
Did you know it takes approximately 16 years to bring a mine from discovery to production? Check out this graph by Visual Capitalist that shows the growing gap between projected copper supply and demand by 2050 based on a net-zero scenario. Data source: BloombergNEF
See the infographic ➡️ https://loom.ly/BQrWBOQ
The Moonlight deposit is primarily a copper sulfide deposit hosted in the Quartz Monzonite of the Lights Creek stock. This deposit features both early-stage disseminated sulfide minerals and later-stage tourmaline vein and breccia structures filled with sulfides.
We have a small oxide cap, rich in malachite, chalcocite, and native copper covering the surface of the deposit. Back in the 1970s, Placer-Amex estimated this oxide cap to contain 12.2 million tons at 0.54% copper. This estimate is historical, however, we're updating the resource estimate with fresh data from our latest drilling. Stay tuned for the new resource estimate!
Read more about Moonlight ➡️ https://loom.ly/Gswpwd8
🇨🇦 : USCU 🇺🇸 : USCUF
What are analysts predicting for the price of in the near and long term? 👇🏽
This article speaks about several factors that have been driving the metal's price in 2024 and what banks, such as Citi and Andurand Capital, are expecting to see in the market given rising demand. ➡️ https://www.nasdaq.com/articles/heres-how-buy-dip-copper-prices
According to the International Energy Forum (IEF), 115% more copper needs to be mined in the next 30 years just to meet business-as-usual trends.
Chart A below shows historic and projected mined copper production. Chart B shows mine production requirement scenarios.
Read the full report ➡️ https://loom.ly/Qamjhw8
Between 1962 and 1994, Placer-Amex discovered and defined the Moonlight deposit. The company then drilled 409 holes totalling 198,916 feet and calculated 4 billion pounds of resource (historical estimate which US copper is not treating as part of the current resource).
The company finally dropped the property in 1994 as they shifted their focus to gold .
More about our project highlights here ➡️ https://loom.ly/H-z-CS4
: USCU : USCUF
Our Moonlight-Superior Copper Project is located in a historic mining district in about 100 miles NW or Reno, .
US Copper has water rights on property, access to State Highway 89 only 7 miles SW, rail located 7 miles SW, power lines 2 miles south, paved road to property, lodgings, supplies and qualified labor nearby.
Learn more from our presentation ➡️ https://loom.ly/YT_59wo
Copper is crucial for clean energy due to its excellent electrical conductivity. Governments are promoting new , and companies are pursuing new projects to meet rising demand. This graphic shows global production in 2023, using data from the U.S. Geological Survey (USGS). See the full infographic ➡️ https://loom.ly/S91bd0s
Copper is and always has been critical to our economic and national security but now to the clean energy transition as well. The Copper Development Association - CDA has replicated the USGS methodology, and its analysis reveals that now qualifies as a critical . This is due to the growing reliance on imports and the increasing concentration of production in geopolitically sensitive areas.
https://loom.ly/X1S2lqU
Wondering what makes USCU a good opportunity today? US Copper is focused on three advanced stage deposits with prior work. 👇🏽
Learn more in our investor presentation ➡️ https://loom.ly/YT_59wo
🇨🇦 : USCU 🇺🇸 : USCUF
New study finds that cannot be mined quickly enough to keep up with current U.S. policy guidelines for the country’s transition. To meet the copper needs of electrifying the global vehicle fleet, as many as six new large copper mines must be brought online annually over the next several decades.
Read the full article ➡️ https://loom.ly/XO_haA0
Copper can't be mined fast enough to electrify the US Copper cannot be mined quickly enough to keep up with current U.S. policy guidelines to transition the country's electricity and vehicle infrastructure to renewable energy, according to a University of Michigan study.
We released the exciting news that we started discussions with strategic partners to advance the Moonlight-Superior project.
Our CEO, Steve Dunn stated: "US Copper is working hard to advance its project back into production and is excited about the opportunity to be an integral supplier of copper metal to the U.S. domestic market."
Read more about this news ➡️ https://loom.ly/AjC292E
: USCU : USCUF
Ivanhoe Mines Founder Robert Friedland shared his insights on prices, noting that the recent decline is only temporary. He emphasized that the world is heading towards a significant copper supply crisis, as the current rate of development is insufficient to meet future demand. Friedland discussed these concerns with Bloomberg's Francine Lacqua at the Qatar Economic Forum.
https://loom.ly/3GbDGFo
Ivanhoe Mines Founder: Copper Market Weakness Is Temporary Ivanhoe Mines Founder Robert Friedland says the tumble in copper prices is a momentary and that the world is facing a crisis of supply in copper, with not enough mines being built to satisfy future needs. He spoke to Bloomberg's Francine Lacqua at the Qatar Economic Forum. The government of the Stat...
How many new mines are needed to support demand from the global energy transition? 35 to 194 copper mines are needed by 2050 according to the IEF's four separate scenarios in its latest report: business as usual, hybrid, EV plus grid and net zero.
The International Energy Forum (IEF) highlights that while there is "plenty of copper available," what's less certain is whether companies will be able to mine it fast enough to allow for baseline global development and vehicle electrification.
Read more ➡️ https://loom.ly/zCHh-k4
We are pleased announce that US Copper has commenced discussions with strategic partners to facilitate our ongoing efforts to advance our 100% owned, advanced Moonlight-Superior Copper Project, a historically operated
3copper mine in California, back into production.
Read the full news release ➡️ https://loom.ly/AjC292E
🇨🇦 : USCU 🇺🇸 : USCUF
"Copper prices have exploded higher, up 33% year to date. The demand is coming from so many sectors of the global economy, it is hard to find a reason not to invest." Read the full article by Mauldin Economics
https://loom.ly/lYufVIQ
The Investment Cases for Copper Copper prices have exploded higher, up 33% year to date.
The results of our recent exploration drill program at Moonlight confirm a near-surface copper oxide cap sits above the larger copper sulfide deposit below. Learn more details about the results ➡️ https://loom.ly/Gswpwd8
🇨🇦 : USCU 🇺🇸 : USCUF
We are pleased to announce the results of our drill program at the Moonlight deposit at the Moonlight-Superior Project in North-East California. Some of the highlights:
1️⃣ Mineralized drill hole intercepts were submitted for sequential copper assays, and acid soluble copper was identified in 14 of 15 holes, including one intercept of 205 feet ("ft") of 0.644% recoverable copper;
2️⃣ Results confirmed a small oxide cap covers the large Moonlight sulfide deposit. This cap had been considered waste rock by previous operators;
3️⃣ Soluble copper averaged 91% of total copper; and
4️⃣ Acid soluble copper greater than 0.2% occurs over an area of 2,000 ft by 1500 ft to an average depth of greater than 150 ft.
Read the full news release for more details ➡️ https://loom.ly/XYQzLs4
"While we’re not close to running out of , rapidly increasing demand driven by green infrastructure is not being matched by copper production, which is expected to remain largely stagnant for the foreseeable future.
Many years of investment in and development will be required to correct this, and the price of copper is likely to rise steeply over the next few years" ➡️ https://loom.ly/zMxAcoc
The Copper Development Association - CDA has expressed its support for the U.S. Environmental Protection Agency's (EPA) National Primary Drinking Water Regulations for Lead and Copper Improvements in the United States. The goal is to eliminate harmful lead service lines and galvanized requiring replacement (GRR) service lines across the country.
Copper is the ideal alternate material for domestic water service and distribution due to its resilience against corrosion and impermeability. Learn more ➡️ https://loom.ly/dJxVv1k
https://loom.ly/dJxVv1k
Click here to claim your Sponsored Listing.
Videos (show all)
Category
Contact the business
Website
Address
401-217 Queen Street West
Toronto, ON
M5V0R2
145 King Street East, Suite 400
Toronto, M5C2Y7
The official page of Agnico Eagle Mines Limited
141 Adelaide Street West, Suite 240
Toronto, M5H3L5
The Canadian Chrome Company is a mineral exploration company with claims in the Ring of Fire area.
Toronto, M5H1T1
Noble Mineral Exploration Inc. is a Canadian-based junior exploration company holding in excess of 72,000 hectares of mineral rights in the Timmins/Cochrane area of Northern Ontari...
100 King Street West
Toronto, M5X1C7
Exploring for high grade gold in the southeast Yukon
Toronto
For progressive exploration & junior mining companies. Find ESG tools+ resources. Attract investors.
77 King Street West, Suite 2905
Toronto, M5K1H1
Caprock Mining Corp. is exploring opportunities in a historical gold belt in Ontario. With an experienced management team, strong exploration pedigree, and significant land in the ...
401 Bay Street, Suite 2702
Toronto, M5H2Y4
55 North Mining Inc. is a gold exploration and development company advancing its Last Hope Gold Project in Manitoba, Canada.
55 University Avenue, Suite 1805
Toronto, M5J2H7
Junior explorer focused on high-grade base metal and precious metal projects in Canada.
1240 Bay Street, Suite 800
Toronto, M5R2A7
Plato Gold Corp. is a Canadian exploration company that focuses on exploring precious and strategic metal properties in well-known mining districts worldwide, with a particular emp...
65 Queen Street West
Toronto, M5H2M5
O2 Gold is creating a world-class production and exploration project in Colombia, located in the historic Otú fault gold district.
66 Wellington St W. Suite 4100
Toronto, M5K 1B7
Gold and Copper Mineral Exploration in Arizona. Reviving two historic deposits: Kay Mine (6Mt at 5.8% CuEq) and Sugarloaf Peak (1.5Moz gold oxide at 0.5 g/t)