Copper Mining Co. Trading at Discount

World Copper Ltd.’s (WCU:TSX.V; WCUFF:OTCQB) shares are buying and selling at a reduction, at 17% of the after-tax internet current worth discounted at 8% of Zonia. The corporate will not be receiving any worth for Escalones, highlighted Elementary Analysis Corp. analyst Sid Rajeev.

He described the exploration work the corporate intends to hold out this yr in any respect three of its properties.

At Escalones, Rajeev famous, the corporate plans to drill at Mancha Amarilla and at already recognized close by targets, aiming to broaden the present useful resource of three,450,000,000 kilos of 0.37% copper.

Relating to the Escalones preliminary financial evaluation (PEA) anticipated subsequent month, Rajeev wrote, “We predict engaging economics because the challenge has comparatively low capex/opex.”

At Cristal, plans name for a $1–1.5 million maiden drill program consisting of 4 to 6 holes, Rajeev indicated.

When it comes to Zonia, World Copper intends to conduct definition drilling of the present useful resource and drill testing of the northeast anomaly, wrote Rajeev. An up to date PEA is predicted for Zonia this yr. Traditionally at Zonia, about 600 holes had been drilled and manufacturing had taken place.



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Disclosures for Elementary Analysis Corp., World Copper Ltd., Jan. 21, 2022

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