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The latest announcement is out from Cupani Metals ( (TSE:CUPA) ).
Cupani Metals has begun mobilizing machinery, supplies and personnel for a winter drilling campaign near Schefferville, Quebec, targeting copper, nickel and platinum group element mineralization. The program will comprise roughly 15 surface drill holes averaging 200 metres, guided by recent geophysical interpretation, surface sampling and detailed mapping to test areas of historical mineralization.
The company has contracted Innukoptères Inc., an Innu-controlled Aboriginal helicopter operator, to provide air support from Sept-Îles and awarded the drilling contract to Vital Drilling Services, which has prior experience in the Blue Lake area. Staff and contractors will be based at Cupani’s permitted Retty Lake exploration camp, underscoring that regulatory approvals and logistical infrastructure are in place as the company advances its exploration strategy in northern Quebec.
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 Toronto-based mineral exploration company listed on the CSE and OTCQB, focused on generating long-term capital growth for shareholders by investing in exploration properties and related assets. The company targets projects prospective for metals such as copper, nickel and platinum group elements, positioning itself within the base and precious metals exploration space.
Average Trading Volume: 153,115
Technical Sentiment Signal: Hold
Current Market Cap: C$17.85M
Find detailed analytics on CUPA stock on TipRanks’ Stock Analysis page.