The rebranding of the Company is designed to better reflect the technical advancement of our assets and the future electrification and decarbonization of the world in which we live. This is the start of a new journey, and we look forward to providing further updates as we deliver on our strategic goals and advance these two exciting copper projects in low-risk political jurisdictions.'
Highlights
Experienced Leadership Team with a proven track record of delivery and value creation
Operations plan supported by an Environmental, Social, and Governance framework
Two advanced copper projects with development optionality in Tier 1 mining jurisdictions
Contact Copper,
Significant exploration upside at both projects
Equity financing of
Technical team mobilized to
Diamond drill rig mobilizing to
5,000m program to test both high-grade breccia and porphyry copper mineralization
Renaming of Company to Faraday Copper Corp[1] and applying to list on TSX.V[2]
The drilling program is designed to test previously undrilled areas between zones of known high-grade mineralization, confirm historic results, and obtain geotechnical information needed to advance mine design and planning.
About CopperBank
CopperBank is a Canadian exploration company focused on advancing two copper projects in
Contact:
Tel: 778-987-2761
Email: pharbidge@copperbankcorp.com
Web: www.copperbankcorp.com
Cautionary Note on Forward Looking Statements
Some of the statements in this news release, other than statements of historical fact, are 'forward-looking statements' and are based on the opinions and estimates of management as of the date such statements are made and are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results, level of activity, performance or achievements of CopperBank to be materially different from those expressed or implied by such forward-looking statements. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements concerning the intention of the Company to apply to list its common shares on the TSX.V, the potential timing for the listing of CopperBank's common shares on the TSX.V, the intention to change CopperBank's name to
Although CopperBank believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees of future performance and actual results or developments may differ materially. Accordingly, readers should not place undue reliance on forward-looking statements or information.
Factors that could cause actual results to differ materially from those in forward-looking statements include without limitation: market prices for metals; the conclusions of detailed feasibility and technical analyses; lower than expected grades and quantities of resources; receipt of regulatory approval; receipt of shareholder approval; mining rates and recovery rates; significant capital requirements; price volatility in the spot and forward markets for commodities; fluctuations in rates of exchange; taxation; controls, regulations and political or economic developments in the countries in which CopperBank does or may carry on business; the speculative nature of mineral exploration and development, competition; loss of key employees; rising costs of labour, supplies, fuel and equipment; actual results of current exploration or reclamation activities; accidents; labour disputes; defective title to mineral claims or property or contests over claims to mineral properties; unexpected delays and costs inherent to consulting and accommodating rights of Indigenous peoples and other groups; risks, uncertainties and unanticipated delays associated with obtaining and maintaining necessary licenses, permits and authorizations and complying with permitting requirements, including those associated with the Contact and
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make such an offer or solicitation in such jurisdiction. This press release is not, and under no circumstances is to be construed as, a prospectus, an offering memorandum, an advertisement or a public offering of securities in CopperBank in
All of the forward-looking statements contained in this press release are qualified by these cautionary statements. CopperBank does not intend, and does not assume any obligation, to update these forward-looking statements, except as required under applicable securities legislation.
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