Other Precious Metals & Mining Industry | Basic Materials Sector | Mr. Gerhard Daniel Shieber CEO | CNSX Exchange | - ISIN |
Canada Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
The American Copper Development Corporation is a dynamic entity focused on the exploration and development of mineral properties, specifically targeting rich deposits of copper and gold. Incorporated in 2020, the company is strategically headquartered in Vancouver, Canada, from where it directs its exploration activities primarily within Canadian borders and extends its reach into the southwest of New Mexico, United States. With a keen eye on expanding its portfolio and exploring mineral-rich terrains, American Copper Development Corporation is making significant strides in identifying and developing potential mining sites. Its expertise in navigating the complex landscape of mineral exploration positions it as a promising player in the mining sector, with robust projects like the Lordsburg Project in New Mexico and the Chuchi South and West projects in British Columbia, which are poised to contribute substantially to the copper and gold mining industries.
Located in southwest New Mexico, the Lordsburg Project stands as the cornerstone of American Copper Development Corporation's exploration endeavors. Spanning 7,560 hectares, this extensive project area comprises 970 contiguous Federal patented and unpatented lode mining claims. The focus of exploration at the Lordsburg site is on uncovering significant copper and gold deposits, leveraging the area's geological potential to host these valuable minerals.
In a strategic move to widen its exploration activities, the company has an option to acquire a 49% interest in the Chuchi South project. This initiative encompasses 13 mineral claims, covering an area of 3,118.7 hectares located in the Omineca mining division, British Columbia. The strategic stake in Chuchi South illustrates the company's commitment to exploring and potentially developing copper and gold resources beyond its initial focus areas, signifying a broadened horizon for its exploration activities.
The Chuchi West project marks another significant venture by American Copper Development Corporation, underscored by its 100% undivided interest in this endeavor. With 4 mineral claims covering 4,961.0 hectares, this project, located in the Omineca mining division of British Columbia, represents a promising exploration field aimed at copper and gold prospects. Through comprehensive exploration strategies, the company aims to harness the full potential of Chuchi West, further cementing its position in the mining industry.