Alta Copper Corp. announces major progress in its Cañariaco project

Vancouver-based Alta Copper Corp. revealed very positive results from its metallurgical program for the Cañariaco Sur copper-gold porphyry deposit, as well as an update on its 100% owned Cañariaco project . These results support the idea of an expanded Cañariaco project that would consist of the joint development and blending of the well-defined Cañariaco Norte and Cañariaco Sur deposits.

As part of this program, flotation tests have achieved metal recoveries of up to 97.4% for copper, 78.5% for gold and 82.7% for silver. Additionally, milling work produced a Bond work index of 11.12 kWh/ton, suggesting that the rock is relatively soft compared to other porphyry deposits, which would be advantageous for conventional milling processes. .

Separately, an optimized preliminary economic assessment (PEA) is progressing as planned, with publication of results planned for early April 2024. The PEA will incorporate recent developments, including 3D geological modeling, which has identified several high-copper zones. . This progress should strengthen the economics of the project.

Community relations are also progressing, with Alta Copper recently ratifying its commitment to contribute an additional 750,000 soles for the development of sustainable projects in the region. This approach is part of an ongoing effort to advance the project in the interest of all stakeholders.