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Cascade Copper Finalizes Agreement for the Purchase of the Copper Plateau Porphyry Project in South-Central BC
(TheNewswire) Historic drilling shows copper, molybdenum, silver, gold, and  tungs...
About this update from Cascade Copper Corp.
[{"type":"text","content":"Cascade Copper Finalizes Agreement for the Purchase of the Copper Plateau Porphyry Project in South-Central BC\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Historic drilling shows copper,\nmolybdenum, silver, gold, and  tungsten content\n \n \n \n \n \n \n Cascade will own 90% of the project,\nthe vendor will hold a 10% working interest\n \n \n \n \n \n \n All share deal\n \n \n \n \n \n \n Calgary, Alberta\n \n –\n \n TheNewswire -\n \n September 29, 2023 -\n \n Cascade Copper Corp.\n \n (CSE:CASC)\n(“\n \n Cascade\n \n ” or the “\n \n Corporation\n \n ”) is pleased to\nannounce that they have finalized the agreement to purchase 90% of the\n2,789 hectare Copper Plateau Porphyry project (the\n \n Project\n \n ) located in south-central\nBritish Columbia, Canada.  Cascade will issue shares worth $200,000\nto affect the purchase. The number of shares issued will be based on a\n20 day weighted average from the date prior to signing this agreement.\n \n \n Jeff Ackert, President and CEO remarks “We are happy to conclude the\nagreement with the vendor and eager to get on the ground at Copper\nPlateau to perform the necessary ground work for defining drill\ntargets.  Our due diligence on reviewing the historic data has us\nmore enthusiastic now about the potential for significant copper and\nmoly mineralization, than when we first signed the Letter of\nIntent.”\n \n \n \n Project Location\n \n \n \n \n The Copper Plateau Porphyry project is located in\nsouthern British Columbia, between Penticton and Princeton.  It is\nsituated south of the former Brenda Copper Mine, which produced 161\nmillion tonnes of ore grading 0.183% Cu and 0.049% Mo between 1970 and\n1990.  The geological setting is within the Quesnellia Terrain which\nhosts Copper Mountain (1.13Bt @ 0.22% Cu, 0.09 g/t Au, 0.64 g/t Ag\nResource\n \n \n 3\n \n \n )about 40km southwest of Copper Plateau and\nTeck’s Highland Valley copper mine (M&I 1.2Bt @ 0.28% Cu, 0.01%\nMo Resource\n \n \n 4\n \n \n ).  Kodiak Copper’s MPD project lies 40km\nwest of the Project.\n \n \n \n \n Project Highlights\n \n \n \n \n Previous diamond drilling intersected significant\nintervals of copper, molybdenum, gold, and silve...