The Prospector News Michael Fox speaks with Barry O’Shea, President and CEO of Highland Copper (TSX-V: HI) (OTCQB: HDRSF), detailing the company’s flagship assets: the fully permitted, 100% owned Copperwood project in Michigan, one of the most advanced copper projects in the US, and a 34% stake in the White Pine project. With early site work underway and detailed engineering progressing, Highland Copper aims to start Copperwood construction in 2026, about 16-17 years into the typical 20-year US copper development timeline. Barry emphasized copper’s critical role for US energy and defense and highlighted growing government support, including potential financing from the US Exim Bank and grants from the Department of Defense and Energy, boosting project investability. The company’s strong shareholder backing, led by Orion Mine Finance owning 28%, supports this development. Copperwood’s project economics look promising with a $170 million NPV and 18% IRR at $4 copper price, and further improvements in recovery and design could enhance returns. Engineering is targeted to reach 40% by 2025 to aid debt financing, with a construction decision expected in late 2026 and full production planned by 2028-2029.

About Highland Copper Company

Highland Copper Company Inc. is a Canadian company focused on exploring and developing copper projects in the Upper Peninsula of Michigan, U.S.A. The Company owns the Copperwood deposit through long-term mineral leases and 34% of the White Pine North project through a joint venture with Kinterra Copper USA LLC. The Company also owns surface rights securing access to the Copperwood deposit and providing space for infrastructure at Copperwood as required. The Company has 736,363,619 common shares issued and outstanding.

https://www.highlandcopper.com/