Produce 80 million Pounds of Copper per Year by Copper Mountain Mining

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Copper Mountain is an established producer in British Columbia. They produce about 80 million pounds of copper a year. They recently completed the acquisition of Altona mining it’s very, very complementary to the existing Copper Mountain Mine. For anyone that’s bullish on the outlook for copper, we tend to steer them towards leveraged plays and the copper mountain is one of the most leveraged plays out there. Copper Mountain’s flagship asset is the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Company has a strategic alliance with Mitsubishi Materials Corporation who owns 25% of the mine. The Copper Mountain mine has a large resource of copper that remains open laterally and at depth. Recently, Copper Mountain’s acquisition of Altona Mining Limited has been completed which brings with it approximately A$30M cash, the Cloncurry project with development-ready Eva Copper Project and an extensive exploration potential in the acquired 4,000 square km (379,000 hectare) mineralized land package within the highly prospective Mt. Isa inlier area in Queensland, Australia. For more information on Copper Mountain Mining (CMMC:TSX) please fill out the form below.

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