MiningFeeds is pleased to report that updates about Three Valley Copper will be covered in full here on MiningFeeds.com, as the company develops and produces at its copper properties in Chile. The company has been on something on a run lately, and we will be bringing you all the updates as they come to ensure you don’t miss anything.
The company’s recent name change was accompanied by an update to the website, a ticker symbol change, as well as a brand new investor presentation. Common shares and warrants trade on the TSX Venture Exchange under the new name and symbols “TVC” and “TVC.WT” after it was changed from SRHI to Three Valley Copper.
In a June statement, Michael Staresinic, President and CEO of Three Valley Copper, commented, “We are pleased to announce a rebranding of the company that reflects its transformation. We want our company name and symbol to clearly reflect our business and its deep roots in Chile.”
The Three Valley Mine
The company’s primary asset, Minera Tres Valles (Three Valley Mine), is located in Salamanca, Chile and is 90.3% owned by the company. The main assets at the property are the mining complex and 46,000 hectares of exploratory lands.
The Canadian copper mining company’s projects are located in the prolific Cretaceous belt of Chile that hosts a large number of rich deposits. The company produces Electrolytic Copper Cathodes (Grade A) of 99.999% purity. That copper is often used in electric equipment like technology, battery parts, and the copper can easily be drawn and formed into wires.
With the current focus on global decarbonization efforts, this particular type of copper is seeing massive demand growth. Electrolytic copper undergoes refining or purification through the process of electrolysis. That purification is by far the simplest method of achieving purity levels 99.999% in copper and makes Three Valley Copper’s product particularly valuable in a world that is rapidly going electric.
Two-Pronged Approach
The company has two main deposits: Papomono Masivo and Don Gabriel. The company’s strategy is to produce ECC, while simultaneously exploring its property to increase the visibility of the mine and extend the life of the mine. Both deposits are located in a 10 kilometre wide corridor of middle to upper Cretaceous volcanic rocks. This property is bounded by north-south-trending faults and stand as examples of stratabound, manto-type copper deposits.
Three Valley’s projects are in progress and advancing rapidly, and MiningFeeds will keep readers informed of any progress and new information for the complete picture of Three Valley Copper.
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