We are a Canadian-based mining company focused on the exploration of our 100%-owned Rivière Doré Project, a copper and nickel rich property located south-east of Val-d’Or, Quebec, a region ranked as one of the top mining jurisdictions in the world. The 60,000-hectare property covers the base of an 80 kilometre-long anorthosite complex, known to provide host rock for copper, nickel and platinum group of elements.
In 2010, our exploration team identified nickel-copper bearing semi-massive sulfides occurring on the property. Detailed geophysical surveys were completed over 3,800 line kilometers, and several mineral outcrops and glacial boulder areas were mapped. Based on the interpretation of this data, the team identified numerous high-priority target areas. During the first phase of sampling, a diamond saw channel cut at surface returned an average of +1% copper over 6 metres.
We are focused on generating value for our shareholders by exploring and advancing this prospective property. As such, our team is currently designing an exploration program which will include drilling and mapping on two targets: Hopkins and Bruges Lake. We expect the drills to be mobilized in November 2016.
Copper One trades on the Toronto Venture Stock Exchange under the symbol “CUO”.