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The latest announcement is out from Candente Copper ( (TSE:ATCU) ).
Alta Copper Corp. has entered into a Definitive Option Agreement with Precore Gold Corp. to explore and potentially develop the Arikepay copper-gold project in southern Peru. This strategic move allows Alta Copper to focus on its primary Cañariaco project while leveraging Precore Gold’s expertise to advance Arikepay. The agreement outlines a series of share issuances, cash payments, and milestone obligations for Precore Gold to potentially acquire up to a 100% interest in the project, which could enhance Alta Copper’s shareholder value and industry positioning.
More about Candente Copper
Alta Copper Corp. operates in the mining industry, focusing primarily on copper and gold projects. The company is engaged in exploring and developing mineral resources, with a significant market focus on advancing its Cañariaco copper project.
YTD Price Performance: -9.09%
Average Trading Volume: 35,493
Technical Sentiment Signal: Buy
Current Market Cap: C$36.33M
For a thorough assessment of ATCU stock, go to TipRanks’ Stock Analysis page.