Added: Shandreka Middleton - Date: 20.09.2021 02:07 - Views: 45486 - Clicks: 3437
The Company has engaged Richard Leveille, the former President of Freeport McMoran Exploration Corporation, to lead and advise on this porphyry copper exploration process. Extensive historical and modern mining and exploration data has been compiled and is available in a digital database as well as on site.
TCM will proceed with best offer built around earn-in t venture deal terms. The indicative timeline requires offers to be received on or before June 1, In the event that offers acceptable to the members of TCM are presented, TCM will award the Earn-in JV to the best offer by June 30,with a view to finalizing a definitive agreement by July 30 th TCM may modify this indicative timeline at its sole discretion.
Several major mining groups have already shown an interest in reviewing the opportunity.
Any company interested in receiving the teaser document should contact Stephanie Ashton, VP of Business Development at sashton igglobalgroup. Over the past years, Chief consolidated numerous small mining claims into a single large package of surface and mineral rights. TCM holds nearly 14, acres of patented mineral rights within this package, including 7, acres of surface rights and numerous legacy assets, including existing mines with over 20 miles of underground workings, thousands of s of historic data and multiple facilities.
Two of these existing mines are fully permitted and have approved reclamation plans and accompanying cash bonds.
TCM has set an aggressive goal of re-opening one of its legacy mines every three years. The Eureka Standard mine is currently being evaluated as the next legacy mine for re-development.
In addition, TCM is investigating the potential for a deep copper-gold porphyry deposit in the district. For more information, visit www. All statements other than statements of historical fact included herein are forward-looking statements.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities. For more information on TCM, visit www.Seeking a exploration partner
email: [email protected] - phone:(970) 930-1784 x 4684
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