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Kutcho Copper Receives Over $2.8 Million from Warrant Exercises

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Kutcho Copper Receives Over $2.8 Million from Warrant Exercises

 

 

 

 

 

Kutcho Copper Corp. (TSX-V: KC) (OTC: KCCFF) is pleased to announce it has received over $2.8 million from warrant exercises, from a series of warrants that expired June 6, 2022.

 

Vince Sorace, President & CEO of Kutcho Copper stated: “We continue to drive forward aggressively with our planned objectives through the permitting process towards a positive construction decision. Kutcho is uniquely positioned with a feasibility-stage, high-grade, low-cost copper development project in a Tier 1 jurisdiction supported by a thriving copper market.”

 

Looking ahead into 2022, Kutcho Copper intends to showcase the Project’s upside potential through:

  • Re-entering the Environmental Assessment process as the next step towards completion of permitting for mine development.
  • Undertaking First Nation and community engagement and consultations, supporting field visits and completing economic participation agreements with both the Tahltan and Kaska First Nations.
  • Continuing to evaluate and, if warranted, execute on identified opportunities to lower capital costs through strategic arrangements, enhanced engineering studies (including additional ore sorting studies).
  • Continuing to de-risk and advance the Project towards a production decision.

 

About Kutcho Copper Corp.

 

Kutcho Copper Corp is a Canadian resource development company focused on expanding and developing the Kutcho high grade copper-zinc project in northern British Columbia. Committed to social responsibility and the highest environmental standards, the Company recently completed a feasibility study on the Kutcho project and is advancing permitting with the objective of getting to a positive construction decision.

Posted June 8, 2022

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