1940 silver nickel

Interra Copper Files 43-101 for Thane Copper-Gold Project

Interra Copper Corp. (CSE:IMCX)(OTCQB:IMIMF)(FRA:3MX) ("Interra" or the "Company") is pleased to announce it has completed and filed a technical Report, a N.I. 43-101 compliant report on it's primary asset - the 206 square kilometer Thane Property in North Central B.C

The Company has filed a current independent National Instrument 43-101 compliant technical report entitled "Technical Report on the Thane Copper-Gold Project, Omineca Mining Division, British Columbia, Canada" (the "Technical Report") with an effective date of July 12, 2021, prior to this summer's drill program. The Technical Report outlines the history of exploration and work completed on the 206 square kilometre project over the past decades, as early as the 1940's, as well as subsequent geophysical and geochemistry work and sampling completed by Interra Copper (and Thane Minerals Inc., acquired by the Company in March 2020.)

See Sedar website: https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00047101 ).

Interra Copper is sitting in a strong cash position, largely from the previously announced CDN $2.7 M financing that was completed earlier this year in Q2 2021.

The summer program expenditures have been on budget. The Company eagerly awaits assay results on cores from the diamond drill program as well as further soils and chip sampling.

Interra also announces management has decided not to pursue further work on the Bullard Pass project in Arizona, in order to focus 100% efforts and company resources on the Thane Project, effective September 1st, 2021.

ON BEHALF OF Interra Copper CORP.

Jason Nickel, P.Eng.
Chief Executive Officer
Telephone: +1-604-754-7986
Email: ceo@interracopper.com

INVESTOR RELATIONS:

Email: invest@interracopper.com
Telephone: +1-604-588-2110
Website: https://interracopper.com

ABOUT Interra Copper CORP.

Interra is a junior exploration and development company focused on creating shareholder value through the advancements of its current assets that include the Thane Property in north-central British Columbia. Utilizing its heavily experienced management team, Interra continues to source and evaluate assets to further generate shareholder value.

The Thane Property covers approximately 206 km2 (50,904 acres) and is located in the Quesnel Terrane geological belt of north-central British Columbia, midway between the previously-operated open pit Kemess Mine and the current open pit Mount Milligan mine, both two copper-gold porphyry deposits. The Thane Property includes several highly prospective mineralized areas identified to date, including the ‘Cathedral Area' on which the Company's exploration is currently focused.

Forward-Looking Statements: This news release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, relating to further exploration on the Company's Thane Property, the submission of core samples and receipt of assays thereof. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the Canadian Securities Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of regulatory or legal changes that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's reports, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effects.

SOURCE: Interra Copper Corp.



View source version on accesswire.com:
https://www.accesswire.com/664154/Interra-Copper-Files-43-101-for-Thane-Copper-Gold-Project

News Provided by ACCESSWIRE via QuoteMedia

The Conversation (0)
Interra Copper (CSE:IMCX)

Interra Copper

Exploring Prolific Assets in Established Copper Belts in Canada and Chile

Exploring Prolific Assets in Established Copper Belts in Canada and Chile Keep Reading...
Three towering gold bars stand on a chart backdrop with numbers and graphs, text reads: 95426, 8599, 756.8.

Gold Majors’ Q3 Free Cash Flow Falls as Spending and Costs Rise

Major gold producers ended the third quarter with less free cash flow than in Q2 as heavier capital spending and higher costs absorbed cash, even as gold edged higher.The LBMA gold price hit its quarterly low of US$3,978.55 per ounce on July 1, then climbed to a high of US$4,663.70 on August 24... Keep Reading...
Shiny gold bar rests on financial chart with fluctuating orange and blue lines.

Gold Rebounds After Jobs Data Sparks Friday Selloff

Gold prices retreated on Friday (November 6) coming under pressure from a stronger US dollar and rising Treasury yields, after new US jobs data showed that employers added 165,000 jobs in October.Spot gold was trading around US$4,063 by 2:55 p.m. EST. The decline followed a strong rally earlier... Keep Reading...
Peruvian Metals Provides Corporate Update on Production, New Tailings Results and the Process to Re-Instate the OTCQB Listing

Peruvian Metals Provides Corporate Update on Production, New Tailings Results and the Process to Re-Instate the OTCQB Listing

Peruvian Metals Corp (TSXV: PER,OTC:DUVNF) (OTC Pink: DUVNF) ("Peruvian Metals" or the "Company") is pleased to provide a corporate update regarding 2026 production at the 80% owned Aguila Norte Processing Plant ("Plant"), new sample results from the tailings area and the reinstatement on the... Keep Reading...
Gold nuggets with text: "5 Top Australian Mining Stocks This Week."

Top 5 Australian Mining Stocks This Week: BPM Minerals Gains 111 Percent

Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.This week's top five gainers includes companies focused on gold, antimony, lithium and more.Read on to discover this week's top gaining Australian mining stocks on the ASX and what drove their... Keep Reading...
Peter Schiff, gold bar.

Peter Schiff: Gold, Silver, Energy, Value Stocks — 2027 Opportunities

Peter Schiff, chief economist and global strategist at Euro Pacific Asset Management and founder of Schiff Gold, sees lower gold and silver prices as a buying opportunity.He believes part of the reason for their decline is that markets are overestimating the strength of the American economy, as... Keep Reading...
Chris Temple, gold bars.

Chris Temple: Gold Price Rout Not Over, Watch for This Green Light

Chris Temple, founder, editor and publisher of the National Investor, lays out what's weighing on the gold price right now and what would prompt a turnaround.In his view, the light will turn green for metals once the US Federal Reserve stops talking about fighting inflation, with gold's rebound... Keep Reading...

Interactive Chart

Latest Press Releases

Related News