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CUPANI Metals Clarifies Historical Resource Estimates for Blue Lake Project

Story Highlights
  • CUPANI Metals focuses on long-term capital growth through mineral exploration.
  • CUPANI clarifies Blue Lake’s historical resource estimates, requiring further verification.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CUPANI Metals Clarifies Historical Resource Estimates for Blue Lake Project

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Cupani Metals ( (TSE:CUPA) ) just unveiled an announcement.

CUPANI Metals Corporation has issued a news release to clarify previous disclosures regarding the historical resource estimates at its Blue Lake project. The project has a historical resource estimate of 4.37 million tonnes with specific grades of copper, nickel, and platinum-palladium, originally reported in 1989. However, these estimates are not considered current, and further drilling is required to verify them. The Blue Lake deposits, consisting of nine mineralized lenses, were initially explored in the 1950s and further defined in the late 1980s. CUPANI is actively exploring the Blue Lake property and its potential extensions for copper, nickel, and PGE magmatic deposits.

The most recent analyst rating on (TSE:CUPA) stock is a Buy with a C$0.70 price target. To see the full list of analyst forecasts on Cupani Metals stock, see the TSE:CUPA Stock Forecast page.

More about Cupani Metals

CUPANI Metals Corp. is a company focused on providing shareholders with long-term capital growth through investments in mineral exploration properties. The company is listed on the CSE under the symbol ‘CUPA’ and in the USA under the symbol ‘CUPIF’.

Average Trading Volume: 65,059

Technical Sentiment Signal: Buy

Current Market Cap: C$19.28M

For an in-depth examination of CUPA stock, go to TipRanks’ Overview page.

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