World Copper

Investor Perception

World Copper’s most promising Zonia mission in Arizona has the potential to turn out to be a major copper producer serving the North American provide chain. The mission’s constructive economics presents a compelling investor worth proposition.

World Copper (TSXV:WCU,OTCQX:WCUFF,FRA:7LY0) has two excellent pillars of development, each situated in secure and steady mining jurisdictions throughout the Americas and comprising over 4 billion kilos of copper:

• The Zonia copper-oxide porphyry mission in Arizona has an estimated copper cathode manufacturing of 49 million kilos (22 kt) per 12 months.
• The Escalones porphyry-skarn mission is situated in Chile, 30 kilometers East of El Teniente with an estimated copper cathode manufacturing of 115 million kilos (52 kt) per 12 months and with upside exploration potential in supergene and skarn extension targets.

Firm Highlights

• World Copper is a copper exploration and mission growth firm targeted on growing key belongings in Arizona and Chile into mines that produce copper in pure cathodes.
• Copper will probably be produced utilizing the extra environmentally accountable means of solvent extraction and electrowinning, decreasing water consumption and CO2 emissions and utterly skipping the closely polluting smelting course of.
• The corporate is led by a robust administration group of achieved professionals with many years of expertise in enterprise finance, mine design and operations within the US, Canada and Chile.
• The corporate’s major focus is on growing the Zonia copper mine and a standard SX-EW plant to provide copper cathode for the home market, utilizing a US-based provide chain.
• World Copper’s Escalones mission is Chile’s largest new copper oxide mission in growth.
• The corporate’s portfolio of properties are situated in mining-friendly jurisdictions and have entry to the infrastructure required for future operations.

Zonia is a sophisticated, pre-stripped brownfield mission in Yavapai County, 100 miles northwest of Phoenix, Arizona. The massive 1,732-hectare property has glorious potential for added discoveries, as there are already identified targets which will comprise further copper-porphyry targets. The corporate is actively working to restart this previous producer, and rebuild the mine and SX-EW plant to provide ~22 kt of copper in cathode per 12 months.

The deposit is situated on personal patented land, which permits for fast-tracking the mission to manufacturing with a extra streamlined and environment friendly environmental allowing course of.

The Zonia mission has a low strip ratio (1:1), glorious entry to infrastructure with water and energy instantly on web site, in addition to the confirmed and environment friendly manufacturing know-how, which doesn’t require constructing tailing storage services or producing copper concentrates. The mission will use typical mining and crushing, heap leach and electrowinning processes, decreasing operational dangers in comparison with comparable growth initiatives within the space.

Venture Highlights:

• Simple Entry and Infrastructure: A 67-kilovolt (kV) line runs to the doorway of the mine, together with the presence of groundwater to assist help operations.
• Allowing Benefit: All assets and part 1I 2018 PEA manufacturing inside the 100% owned personal land.
• Early income potential: choice to re-process historic leach pads, which nonetheless comprise copper earlier than the manufacturing from the principle deposit space begins

World Copper accomplished an inner technical assessment of the exploration and growth potential of the Zonia copper oxide mission confirming important potential development drivers for the Zonia mission. The useful resource growth targets adjoining the prevailing Zonia useful resource present a chance to enlarge the outlined mineralization by means of step-out drill applications.

Useful resource Updates

In 2024, World Copper up to date Zonia’s mineral useful resource estimate (MRE), which incorporates 110 million brief tons grading 0.30 p.c complete copper (in measured and indicated assets) containing 657 million kilos of copper and 59 million brief tons grading 0.25 p.c complete copper (in inferred useful resource) containing 301 million kilos of copper.

The corporate filed a technical report on SEDAR for Zonia entitled, “Nationwide Instrument 43-101 Technical Report: Up to date Mineral Useful resource Estimate for the Zonia Copper Venture Yavapai County, Arizona USA,” and was ready pursuant to NI 43-101 by Moose Mountain Consulting.

Escalones Venture

World Copper’s Escalones mission in Chile is its largest copper-oxide asset. Early estimates reveal it might turn out to be a serious copper producer utilizing heap leaching to provide copper in cathodes, at very aggressive prices when in comparison with different comparable copper deposits discovered all through Chile and Latin America.

World Copper reported an up to date inferred useful resource estimate of 426 million tonnes at 0.37 p.c complete copper within the oxidized zone on the Escalones mission, confirming its potential for growth as a large copper-oxide deposit.

Venture Highlights:

• Present Infrastructure: The 4,689-hectare property has entry to roads, seaports, electrical energy and a fuel line.
• Amenable to Heap Leaching: Metallurgical checks point out that the inferred 3.45 billion kilos of copper ought to be amenable to heap leaching with a median restoration of 71 p.c. Heap leaching is a cost-effective and extra eco-friendly mining approach that makes use of much less water and emits decrease emissions than typical flotation.
• Future Enlargement: The Escalones deposit has room to broaden to the south, east and west. Solely half of the alteration zone has been drilled so far.
• Untested Mineralization: No drilling has been carried out on northern targets and it could comprise the final remaining mineralized porphyry clusters in Chile.
• Preliminary Financial Evaluation (February 2022) – The Escalones property has a post-tax NPV8 of $1.5 billion at 46.2 p.c IRR with an preliminary capital payback interval of two.2 years. The mission has an preliminary capital of solely $438.4 million and a 3.44 X NPV/capex ratio with a 20-year lifetime of mine.

In 2022, World Copper accomplished 1,676 meters of further drilling alongside the western-most, road-accessible fringe of the Mancha Amarilla zone confirming copper-oxide mineralization that extends at the very least 150 meters south from earlier drilling, and oxidation extends to depths of 280 meters beneath the ridge.

Administration Staff

Gordon Neal – President, CEO and Director

Gordon Neal is a distinguished skilled within the metals and mining business, with a complete background in capital markets, company governance, finance and investor relations. He’s the earlier CEO and director of Tincorp Metals. Different earlier company management roles embrace, president of New Pacific Metals, vice-president of company growth at each Magazine Silver and Silvercorp Metals. His governance and strategic insights have additionally been instrumental on the boards of firms similar to Falco Sources, Balmoral Sources, Americas Petrogas, Rock Gate Capital, and Wealth Minerals. Neal based Neal McInerney Investor Relations in 1991, the place below his management, the agency achieved outstanding development by efficiently advertising and marketing over $4 billion in debt and fairness financings, ascending to turn out to be Canada’s second-largest full-service investor relations agency with a presence in Vancouver, Toronto and Los Angeles.

Henk van Alphen – Chairman

Henk van Alphen has greater than 30 years of expertise within the mining business. He has been a key participant in firms similar to Corriente Sources, Cardero Sources, Trevali Mining, Balmoral Sources, and Worldwide Tower Hill. He additionally based Wealth Minerals in 2005 and has raised over $1 billion raised in varied monetary transactions through van Alphen’s involvement.

Marcelo Awad – Govt Director (Chile)

Marcelo Awad has an extended and distinguished profession within the mining business 18 years with Codelco, most not too long ago as govt vice-president for 16 years with Antofagasta Minerals, the Mining Division of Antofagasta, together with eight years as CEO from 2004 to 2012, a interval of great development for Antofagasta. Within the 2011 Harvard Enterprise Assessment, Awad was ranked because the primary CEO in Chile, 18th in Latin America and 87th on the earth.

Krzysztof Napierała – Basic Supervisor (Chile)

Krzysztof Napierala is an expert with 14 years of expertise in mining and manufacturing industries. He’s a pushed govt with a robust background in enterprise growth, exploration, mission administration, and the administration and restructuring of mining operations. His profession is highlighted by over ten years with the KGHM Group, one of many world’s largest copper and silver miners, the place he began as an affiliate within the exploration and growth group, supporting the corporate’s enterprise growth actions and new acquisitions.

John Drobe – Chief Geologist

John Drobe is a geologist with over 30 years of expertise specializing in porphyry copper-gold, epithermal and skarn deposits all through the Americas. Drobe has deep expertise with organizing and managing exploration campaigns, notably in South America, the place he has participated within the exploration and growth of initiatives in Peru, Argentina, Ecuador, Venezuela and Chile.