World Copper Ltd., (Headquartered in Vancouver, BC, is a Canadian resource company focused on the exploration and development of its copper porphyry projects: Zonia in Arizona and Escalon’s in Chile. Both projects have estimated resources with significant soluble copper mineralization, and they boast exciting potential to expand the resource base. The Company is dedicated to sustainable practices and leveraging technology to develop safe and productive mining operations in stable, mining-friendly jurisdictions.
WCU Main projects are the Zonia Project & The Escalon’s
Copper, as a commodity that has become the Scheherazade of much needed industrial metals. With demand rising and supply waning this metal is no longer the ugly sibling. Small deposits are quickly showing up on radars as potential development projects and/or established deposits/inferences in the area.
WCU is not huge, but if one looks at the chart, it has garnered some decent market play, likely due to the reasons noted above.
Project Highlights (From a Press Release you likely skimmed Arizona is the largest copper producing jurisdiction in the United States;
Zonia’s copper resources are located on private land, resulting in an easier and faster permitting process than resources located on public land;
Active power lines// r and water wells on site;
The Zonia Project was previously operated as an open pit mine and as a past producer with a 1:1 strip ratio
1-billion-pound copper resource
Lower environmental (no tailings or smelting);
Production expected to be online in 3-4 years;
50 to 70 million pounds of copper cathodes per year for 10 years;
Potential for pre-production revenue by utilizing approximately 14 million tons of previously stockpiled mineralized material on leach pads; and
The Company believes it has the potential to triple the resource size of the Zonia project.
Let’s chat about these developments. Click here to watch
And here; Corporate Presentation and here Analyst Coverage and here Corporate Fact Sheet: The Corporate Fact Sheet also delineates the Company’s approach to the Circular Economy
As with many corporate copper mines, WCU develops against a backdrop of sustainable practices including utilising circular economy reuse techniques.
The circular economy balances extraction, usage and consumption of finite resources. This entails adapting economic activity to usage, managing supply chains, embracing reuse and recycling, prolonging life of goods, to build long-term resilience and a sustainable future. Corporates are reacting, reinventing their business models.
Mining’s significance in the circular economy is undeniable, especially when growing demand for metals, such as copper, is considered. Several factors are driving this demand:
- Population Growth: The global population is projected to reach 9.7 billion by 2050, leading to increased demand for essential materials.
- Economic Development: As more people connect to electrical grids and overall consumption grows, the need for metals escalates.
- The Clean Energy Transition: Initiatives such as renewables (e.g., wind and solar), storage batteries and electric vehicles (e.g., electric vehicles) rely heavily on copper to produce and transmit generated electricity.
The only way to sustain the growing demand for copper is to reuse and recycle the commodity; much as with many critical industrial metals, such as WCU. Rather than bury you in a raft of tables, here is a very indicative resource estimate for Zonia.
Table 1. Resource Estimate for Zonia
Classification (Oxidation State) | Copper Cut-off (%) | Short Tons (Million) | Grade (CuT %) | Cu. Lbs. (Million) |
Indicated (Oxide) | 0.125 | 71.3 | 0.30 | 425.1 |
Indicated (Transition) | 0.130 | 4.4 | 0.29 | 25.4 |
Total Indicated | Variable | 75.7 | 0.30 | 450.5 |
Inferred (Oxide) | 0.125 | 100.1 | 0.23 | 463.7 |
Inferred (Transition) | 0.130 | 21.9 | 0.25 | 111.7 |
Total Inferred | Variable | 122.0 | 0.24 | 575.4 |
For those investors who want exposure, a proxy, or simply great properties. WCU fits the bill. Take some time and do some due diligence.
Or a potential decent turn as the Zonia properties et al look more and more like good takeover candidates. Could it be that you heard it here first?
Posted on Behalf of World Copper