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Alpha Copper (CSE:ALCU) begins trading on the OTC Market

Mining
CSE:ALCU
27 January 2022 15:45 (EDT)

Source: Alpha Copper Corp.

Alpha Copper (ALCU) has started trading on the Over The Counter Market.

The Vancouver-based mineral exploration company’s common shares began trading on the OTC market in the United States today.

Its shares will trade on the exchange under the ticker symbol ALCUF.

The company will continue trading on the CSE under its current ALCU symbol.

Alpha Copper is continuing to assess its Okeover Copper-Molybdenum Project in Coastal British Columbia.

The copper-molybdenum property encompasses 4,613 hectares and was initially discovered in 1965. Since that time, it has been explored by several companies including Noranda Exploration and Asarco Exploration among others.

The property currently exhibits eight zones of mineralization which have so far been discovered over a north-south striking trend of approximately 5 kilometres. It also comes with a lot of historical data.

A small airborne geophysical program was completed in 2021.

“One of the most attractive aspects of this property is the sheer amount of available historic data which offers an excellent opportunity to implement a highly targeted approach to further unlocking the potential value of this asset. Of significant importance is the near proximity to a deep-water port facility in Powell River which presents an immense opportunity for the potential commercial viability of future mining operations. Direct, convenient, and cost-effective shipping access to global markets and pacific rim processors creates a compellingly attractive economic model at Okeover.

With demand for copper heating up due to the relentless push for clean electric technologies, we are confident that this project will prove to play an important role in the strategic plans for Alpha Copper Corp,” said Alpha Copper CEO Darryl Jones.

Alpha Copper is unchanged, trading at $0.95 at 3:31 p.m. EST.

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