- World Copper (WCU) has provided shareholders with a review of its business activities in 2021 and outlook for 2022
- The company began trading on the TSX Venture Exchange in January
- It continued to grow its assets, advancing the flagship Escalones property in Chile and acquiring the Zonia project in Arizona
- World Copper expects to begin a drill program at the Escalones property in January 2022
- In 2022, the company expects to achieve significant and sustained growth
- World Copper is a Canadian resource company focused on the exploration and development of its copper porphyry projects
- Shares in World Copper (WCU) are up 2.78 per cent, trading at $0.74 per share
World Copper (WCU) has provided shareholders with a review of its business activities in 2021 and outlook for 2022.
Throughout the year, World Copper focused largely on laying the foundation for the future. The company began trading on the TSX Venture Exchange in January and began its work on developing into a mining company.
In April, the company announced a merger with Cardero Resource Corporation to acquire the Zonia project in Arizona. As of today, World Copper is on the cusp of completing this acquisition.
The company re-defined the main resource on its flagship Escalones property as a copper oxide resource in August, which the company believes will set Escalones and World Copper on the path to becoming a household name in the mining community.
With the first target at Escalones identified, World Copper expects to begin a drill program at the property in January 2022.
World Copper has the opportunity at Escalones to not only leverage into the future by supplying the world with copper but also doing it in the greenest manner possible.
In 2022, the company expects to achieve significant and sustained growth as it advances the Escalones and Zonia projects.
Copper demand is expected to remain strong in the near term and strengthen over the long term, further adding to the expected growth trajectory.
World Copper, headquartered in Vancouver, is a Canadian resource company focused on the exploration and development of its copper porphyry projects in Chile and Arizona.
Shares in World Copper (WCU) are up 2.78 per cent, trading at $0.74 per share as of 1:33 pm EST.