US Copper Corp (TSE:USCU) has released an update.
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US Copper Corp revealed positive outcomes from its 15-hole drilling program at the Moonlight deposit, part of the Moonlight-Superior Copper Project in California, discovering a copper oxide cap with high-grade, recoverable copper. This cap was previously considered waste but now shows potential for low-cost, low-impact mining. The company is now assessing the economic feasibility of mining this oxide layer, which is timely given copper’s recent addition to the U.S. critical minerals list.
For further insights into TSE:USCU stock, check out TipRanks’ Stock Analysis page.
