US Copper Corp (TSE:USCU) has released an update.
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US Copper Corp reports significant findings from its 15-hole drilling program at the Moonlight deposit, revealing a high presence of recoverable copper oxide, which is easier and cheaper to process than sulfide ores. The discovery, including an intercept of 205 feet with 0.644% recoverable copper, indicates potential for an economically viable mining operation. The company is moving ahead with a preliminary economic assessment to further explore the feasibility of the copper oxide mining operation.
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