- 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
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.