- World Copper (WCU) has expanded the resource estimate for the Zonia Copper Oxide Deposit in Arizona
- Indicated resources are now estimated at 450.5 million pounds of copper, while inferred resources grew to 575.4 million pounds of copper
- CEO Nolan Peterson joined Coreena Robertson to discuss the news
- Vancouver-based World Copper is focused on the exploration and development of copper porphyry projects in Chile and the U.S.
- World Copper (WCU) is up by 2.56 per cent, trading at $0.20 per share
World Copper (WCU) has expanded the resource estimate for the Zonia Copper Oxide Deposit in Arizona.
The Zonia Project is a near-surface, copper-oxide resource, a brownfields site consisting of 261 patented (96) and unpatented (185) mineral claims, and 566.85 acres of surface rights, all totalling 4,279.55 acres.
The updated estimate includes:
- Indicated resources: 75.7 million short tons grading 0.30 per cent copper containing 450.5 million pounds of copper
- Inferred resources: 122 million short tons grading 0.24 per cent copper containing 575.4 million pounds of copper
Comparison between updated resource estimate and historical resource estimate
![](https://themarketherald.ca/wp-content/uploads/2023/02/155876_worldcoppertable3_-800x149.jpg)
The company is focused on resource expansion 2 km to the northeast on the high-potential Zonia Norte target, where it will explore a large (2.5 x 1.5 km) coincident copper-molybdenum-manganese geochemical anomaly.
CEO Nolan Peterson joined Coreena Robertson to discuss the news.
Vancouver-based World Copper is focused on the exploration and development of copper porphyry projects in Chile and the U.S.
World Copper (WCU) is up by 2.56 per cent, trading at $0.20 per share as of 10:20 am EST.