Doré Copper Hits High-Grade 3%-4% Copper & Expands Corner Bay Deposit with CEO Ernest Mast
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Doré Copper Mining’s (TSXV: DCMC - OTCQB:DRCMF – FRA:DCM) assets contain some of the highest-grade undeveloped copper and gold deposits in North America. The company’s projects are located just 14 km from the town of Chibougamau in mine-friendly Quebec and are one of Canada’s premier near-term redevelopment opportunities. Doré Copper is debt-free and owns a 2,700 tpd mill with a 8.0Mt tailings facility. There is already power to site and it is accessible by paved highway and rail. The goal is to produce a profitable hub-and-spoke operation of +100,000 oz/yr AuEq or +60 M lbs CuEq by 2023/2024. Because of the existing infrastructure and location, a low capex is anticipated to recommence production. In this interview, Doré Copper Mining’s president and CEO Ernest Mast provides an update on the company’s recent drill results from its Corner Bay deposit in which they hit 3% to 4% copper grades and expanded the deposit. Ernest also discusses the recent C$14.6M financing and shares the upcoming catalysts in H2 2021. Drilling Highlights Main Vein below dyke • CB-21-30: 10.45 meters of 2.23% Cu, 0.52 g/t Au and 7.7 g/t Ag, including 4.6 meters of 4.04% Cu, 1.02 g/t Au and 13.7 g/t Ag • CB-21-32W1: 6.8 meters of 3.67% Cu, 0.26 g/t Au and 9.7 g/t Ag – 65 METRES UP-DIP FROM 5.5 meters of 3.46% Cu, 0.25 g/t Au and 8.4 g/t Ag (Hole CB-21-32) • CB-21-34: 3.6 meters of 4.52% Cu, 0.12 g/t Au and 8.1 g/t Ag, including 1.65 meters of 9.75% Cu, 0.24 g/t Au and 14.7 g/t Ag Main Vein above the dyke • CB-21-31: 3.0 meters of 4.09% Cu, 0.37 g/t Au and 10.9 g/t Ag • CB-21-35: 7.3 meters of 1.43% Cu, 0.17 g/t Au and 4.9 g/t Ag, including 3.1 meters of 2.03% Cu, 0.32 g/t Au and 6.6 g/t Ag • CB-21-37: 4.55 meters of 3.02% Cu, 0.42 g/t Au, and 12.9 g/t Ag TSXV: DCMC OTCQB:DRCMF FRA:DCM https://www.dorecopper.com/en/ Most-recent presentation: https://www.dorecopper.com/wp-content/uploads/2021/06/DCMC-CP_2021-06-11_June-Presentation.pdf Press releases discussed in this interview: https://ceo.ca/@nasdaq/dor-copper-intersects-68-meters-at-367-copper-and https://ceo.ca/@nasdaq/dor-copper-announces-closing-of-c146-million-bought Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Doré Copper Mining is a sponsor of Mining Stock Education. Doré Copper Mining’s forward-looking statement found in the company’s presentation applies to the content of this podcast. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.