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CopperBank is advancing its portfolio of 100% owned copper development projects. The company is focused on increasing near-surface resources at its Copper Creek Project –which has a large historical resource by way of a multi-phase drilling program. The program is centered around the numerous hydrothermal breccias that have never beendrill tested. There is also a focus on the company’s Contact project located in Elkso County, Nevada where optimation of the 2013 PFS is a priority, along with near-surface drilling approximately 1.5km SW of the PFS area, that already proved returns with1-2% copper grades from a 2012 sampling program.
The DNA of CopperBank’s strategy is to be a low-cost, owner-operator that remains highly accretive for any non-G&A dilution. A royalty opportunity is also being advanced as both Copper Creek and Contact offer royalty-free areas to accelerate this business.