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Copper Quest Exploration Acquiring New Copper-Gold Porphyry Project In The United States
historical surface copper grades, addition to technical team, concurrent financing June 27, 2025, VANCOUVER, British Columbia – TheNewswire -Copper Quest Explor
About this update from Copper Quest Exploration Inc.
[{"type":"text","content":"historical surface copper grades, addition to technical team, concurrent financing June 27, 2025, VANCOUVER, British Columbia – TheNewswire -Copper Quest Exploration Inc. (CSE: CQX; OTCQB: IMIMF; FRA: 3MX) (“Copper Quest” or the “Company”) is pleased to announce that it has entered into a Letter of Intent to acquire a copper-gold porphyry project (the “Project”) located in the Western United States, marking a new advancement in the Company’s mission to develop strategic copper assets in high-priority jurisdictions. The Project, currently privately held, has 70 contiguous unpatented federal mining claims and may host a promising porphyry system with surface mineralization confirmed through historical chip sampling by the US Bureau of Mines, returning grades of over 3% copper, 0.8 g/t gold and 25 g/t silver. The acquisition would also bring with it a local lead geologist and turn-key technical support, providing the Company with immediate on-the-ground expertise and technical continuity as exploration begins. While the exact location remains confidential at this time, the Project lies within a regionally significant porphyry belt known for its copper and gold potential. This acquisition aligns with Copper Quest’s broader strategy to secure and develop copper projects amid a rapidly shifting geopolitical and supply chain landscape. Initial Work Program Objectives Include: Complete assays on samples from a recent sampling program High-resolution drone-based geophysical surveys Acquisition of historic but recent IP data Additional sampling, mapping, 3D IP Survey and Geophysics AI interpretation and study of project data Drill permitting and targeting for an inaugural drill program “This acquisition represents a promising new venture which only complements our current portfolio of projects,” said Brian Thurston, CEO of Copper Quest. He added, “We are securing a potential porphyry system in a jurisdiction increasingly recognized as critical to the future of copper and mineral production. With significant surface mineralization, experienced on the ground technical support, and strategic alignment with North American copper supply goals, we believe this project positions Copper Quest for meaningful growth in a tightening global copper market.” Transaction Terms and Financing Under the terms of the Lett...