'All personnel and trenching equipment have been safely demobilized from the
Trenching Program Summary
Next Steps for
1. The Company expects all assay results from this trenching program by
2. Based on any encouraging assays received that match favourable geology, the Company will develop and permit high priority regional targets in 2023 for drilling.
3. Continue developing Chester deposit step-out targets with the objective of extending known mineralization at the
4. Continue developing targets that both increase the size and improve our spatial understanding of secondary commodities (zinc, lead, and silver) within the known Chester MRE, particularly in the East and Central Zones. These commodities improve the economic viability of the
The Company will use the above stated steps to develop a comprehensive budget and exploration strategy for the 2023 field season starting in Q2, 2023.
About the
The Chester copper deposit ('Chester') is a volcanogenic massive sulphide ('VMS') resource containing three zones; the
About the
The Company is focused on the prolific
Qualified Persons
About
Contact:
Director and CEO
Email: simon@canadiancopper.com
E: ir@canadiancopper.com
T: (905)-220-6661
Web: www.canadiancopper.com
Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Cautionary and Forward-Looking Statements
This news release includes certain forward-looking statements and forward-looking information (collectively, 'forward-looking statements') within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding future exploration programs, anticipated content, and commencement in respect of the Company's projects and mineral properties, anticipated exploration program results from exploration activities, resources and/or reserves on the Company's projects and mineral properties, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward-looking information can be identified by words such as 'pro forma', 'plans', 'expects', 'will', 'may', 'should', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates', 'believes', 'potential' or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, statements as to the anticipated business plans and timing of future activities of the Company, including the Company's option to acquire properties under the Puma Option Agreement, the proposed expenditures for exploration work thereon, the ability of the Company to obtain sufficient financing to fund its business activities and plans, delays in obtaining governmental and regulatory approvals (including of the CSE), permits or financing, changes in laws, regulations and policies affecting mining operations, the Company's limited operating history, currency fluctuations, title disputes or claims, environmental issues and liabilities, as well as those factors discussed under the heading 'Risk Factors' in the Company's prospectus dated
Cautionary Note Regarding Mineral Resource Estimates
Until mineral deposits are actually mined and processed, Mineral Resources must be considered as estimates only. Mineral Resource Estimates that are not Mineral Reserves have not demonstrated economic viability.
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