Copper Quest Exploration Inc. (CSE: CQX / OTCQB: IMIMF) has signed an Amendment Agreement with ArcWest Exploration Inc. to extend and strengthen its option to earn into the RIP Copper Project (Cu‑Mo) in the Stikine region of British Columbia. The new agreement adjusts the timeline and conditions as the company gears up for the next exploration phase.
Key Deal Terms
- Option period extended: drilling requirement moved from Dec 31, 2025 to Dec 31, 2026
- Planned program: a minimum 2,000‑metre Phase 2 drill campaign to meet the option requirements and earn an initial 60% ownership in RIP
- Location: about 33 km northeast of the past‑producing Huckleberry Cu‑Mo mine (Imperial Metals Corp.), placing it within a proven porphyry belt
Full Company Quote
“The Amendment Agreement not only extends the earn‑in timeline, but also aligns the RIP Project with our strategic objectives and exploration timetable. We are positioned to execute the Phase 2 program in 2026 with the benefit of additional time and capital alignment.”
— Copper Quest Exploration Inc., Oct 14 2025
Why This Matters
The timeline adjustment gives Copper Quest flexibility to optimise drill targeting and execution rather than rushing work just to meet option terms. It’s a strategic move that prioritises discovery potential and project quality over short‑term deadlines.
Key Upsides
- Better prep window: More time for targeting, permitting, and contractor selection.
- High‑potential ground: RIP lies in a prolific porphyry district with past production nearby.
- Defined catalyst: The 2,000 m Phase 2 drilling will be a clear news driver.
- Favourable macro: Copper’s long‑term demand outlook continues to strengthen.
Recent Company Developments
Earlier in 2025, Copper Quest provided several key updates showing consistent operational progress across its British Columbia portfolio. The company completed surface mapping and sampling programs at the RIP property that confirmed anomalous copper and molybdenum values, further validating its porphyry potential. It also expanded its regional database work to evaluate additional targets within the Stikine belt. These steps built the foundation for the current Phase 2 planning.
Copper Quest has also been active on the corporate front, maintaining a tight share structure and strengthening its technical partnerships with ArcWest Exploration. Management continues to signal a long‑term approach toward disciplined exploration rather than short‑term speculation.
The Big Picture: Copper’s Macro Momentum
Copper is a cornerstone metal of the global clean‑energy shift—vital for EVs, power grids, and renewable infrastructure. Global copper consumption is projected to climb to 42.7 million tonnes per year by 2035, representing roughly a 24% increase from current levels (Wood Mackenzie). Yet, the supply side is under heavy strain. Goldman Sachs forecasts a 160,000‑tonne global deficit in 2025 due to mine disruptions and limited new capacity.
Each electric vehicle alone requires 80–100 kg of copper, and renewable energy infrastructure such as wind turbines and solar farms consume even more per installation. Analysts expect over US$150 billion in new mine investment will be needed by 2035 to meet demand.
This tightening balance supports elevated prices and renewed investor focus on scalable exploration projects. For Copper Quest, whose RIP project lies in a proven porphyry district, the macro landscape provides both validation and upside.
What to Watch Next
- Official launch of the Phase 2 drill program at RIP
- Drill contractor selection and field mobilisation
- Future assay results and exploration updates
- Any financing or partnerships tied to advancing RIP or new acquisitions
Final Thoughts
Copper Quest’s amendment to the RIP agreement isn’t just a delay—it’s a calculated repositioning. By aligning exploration with better timing and market momentum, the company is reinforcing its commitment to unlocking the project’s potential in a strong copper market.
Marc has been involved in the Stock Market Media Industry for the last +5 years. After obtaining a college degree in engineering in France, he moved to Canada, where he created Money,eh?, a personal finance website.
