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on Alta Copper Corp. (NASDAQ:ATCUF)

Alta Copper Corp. Announces Advancements in Geological Modeling and Community Engagement

Alta Copper Corp. has recently updated its shareholders on the progress at its fully owned Cañariaco copper project, highlighting the development of a new geological model and advancements in community relations. The company has completed a comprehensive geological re-interpretation at the Cañariaco Norte deposit, revealing several high-priority drill targets. Alongside targeted exploration at the Cañariaco Sur and Quebrada Verde areas, the firm plans to increase drill coverage to improve the understanding of mineralized zones and deposits.

In preparation for an extensive drilling program, a 40-platform drill permit application was submitted in December 2023, with approval anticipated by the third quarter of 2024. These efforts coincide with the forthcoming release of an optimized Preliminary Economic Assessment (PEA), scheduled for publication by May 15, 2024. The PEA aims to harness data from previous engineering studies to enhance project value significantly.

Furthermore, Alta Copper continues to foster positive relations with the local community by implementing Economic and Social Development Support Programs. The company has committed substantial resources to support sustainable development initiatives, ensuring beneficial outcomes for all community members. Ongoing engagements through local offices and field activities further strengthen community relations and support logistical preparations for upcoming exploration activities.

R. E.

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