Today's Alert Is: (OTCQB:ACDXF)
With share prices trading at pennies… ACDXF
looks poised to shine as the copper boom intensifies!
Greetings Investors,
The next bull market could be copper…
In fact, it could be the biggest story in metals of 2023.
In a takeover that could rewrite Canada’s mining industry, Glencore is aggressively pursuing Canada’s
Teck Resources and it’s putting the spotlight on the copper race….
A copper shortage could send copper prices booming and copper-related companies exploding on Wall Street.
Hurry and add American Copper Development Corp. to your radar!
The company trades under the ticker symbols (OTCQB: ACDXF)
and (CN: ACDX).
ACDXF is embarking on taking full advantage if copper prices explode, as the company continues its hunt for a major copper discovery on its flagship property….
Nothing is early stage here…. Years of preparation have been spent on the company’s high-grade past-producing copper district property
.
Now it is time to drill, and this is one of the most exciting times for any exploration company.
The company has received all required exploration permits from the Bureau of Land Management (BLM) and the New Mexico Mining and Minerals Division (NM MMD) to initiate a maiden 5,000-meter diamond drill program to explore for porphyry copper mineralization at its 100% owned Lordsburg Property located in southwestern New Mexico.
ACDXF has contracted Major Drilling to complete this Phase I drill campaign.
The Lordsburg Project represents an under-explored opportunity with a recently consolidated land package that will allow for true porphyry
exploration.
This is a staggering 18,700 acre land package (~50 sq mi) that includes 100 patented claims totaling ~1,900 acres, and is adjacent to the claims of industry giants like
Rio Tinto and BHP.
Copper demand is expected to double from 2022 to 2035, driven largely by the transition to a lower carbon economy. The metal plays a key role in the electrifying of transportation and in producing renewable
energy.
With plenty of cash on hand and drilling to commence soon, the results could quickly catapult
American Copper Development Corp. (OTCQB: ACDXF) (CSE: ACDX) into the spotlight!
https://american-copper.com/
Company Highlights:
- American Copper represents an excellent opportunity for investors to gain exposure (at a value) to the copper space. The company is exploring a friendly jurisdiction and is led by a management team with proven
track records across all sectors.
- Significant historical production: 3-4 million tons from polymetallic veins with average hypogene grades of 2-3% Cu, 2-3 opt Ag and ~0.11 opt
Au.
- The U.S. is the second largest copper producer in the world and New Mexico is one of the top copper-producing states. New Mexico offers American Copper an opportunity to grow a successful copper-focused company.
- Mining legends are in the neighboring areas including Rio Tinto, BHP, Taseko, Freeport McMoRan, and Hudbay Minerals. Rio Tinto has even compiled its own data on American Copper’s
property.
- Canadian mining giant Hudbay is the company’s largest shareholder and insiders and management are loading up with a staggering 29% ownership collectively. This optimism speaks in
volumes.
- After 5+ years of working on the company’s project, phase 2 drilling is anticipated to begin this year. Modern technology that has never been used before will be utilized on the project which could expedite
a major discovery.
- With much copper being imported, it is imperative to find a solid domestic resource and the company may have the answer with its high potential project.
- The world is facing a copper shortage and the outlook for copper prices are BULLISH.
Goldman Sachs upgraded its 12-month price forecast to $11,000, or
30 percent above current levels, as a supply shortage looms.
- President Biden's decision to invoke the Defense Act to expand domestic production of critical minerals will facilitate the company's ongoing efforts to advance its
flagship project. President Biden also began 2023 by meeting with Canadian Prime Minister Justin Trudeau and discussing their commitment to make North America a clean energy powerhouse. Copper is one of the critical materials to help reduce CO2 emissions and lowers the amount of energy needed to produce electricity.
- The Lassonde Curve has been long touted by many as a realistic representation of the life stages of a junior mining company. Concept and pre-discovery take the most years on the scale and American Copper is well past that. The company has its focus now on actual discovery and
feasibility.
Nearby deposits include: Chino-Tyrone-Bisbee-Cananea (GRUPOMEXICO) and Superior-Resolution-San Manuel (BHP)!
With abundant infrastructure and power generation options in the area, Lordsburg represents an excellent opportunity to develop a large-scale porphyry copper and/or associated skarn
deposit.
The area is surrounded by industry giants including Freeport-McMoRan, BHP, RioTinto, and HUDBAY! In fact, HUDBAY is American Copper’s LARGEST shareholder with approximately 12% of the company’s issued and outstanding shares.
BIG NEWS!!! American Copper Initiates a 5,000m Drill Program at its Flagship Lordsburg Project
The company has received all required exploration permits from the Bureau of Land Management (BLM) and the New Mexico Mining and Minerals Division (NM MMD) to initiate a maiden 5,000-meter diamond drill program to explore for porphyry copper mineralization at
its 100% owned Lordsburg Property located in southwestern New Mexico. The Company has contracted Major Drilling to complete this Phase I drill campaign.
- Lordsburg Project Phase I Drill Program
The 5,000-meter diamond drill program commenced on March 25, 2023. The Phase I drilling campaign is designed to follow up on and extend previously identified
porphyry copper related mineralization first identified by Entrée Gold in 2008-2009 drilling, test previously undrilled areas in and around the known high-grade copper, silver, gold vein mineralization at the historic Bonney and Misers Chest mines, and test newly identified areas for porphyry copper mineralization from the recently completed 3D DCIP/MT Titan survey completed by Quantec (Figure 1).
FIGURE 1: Phase I Drilling areas outlined over 3D gridded 2D Chargeability Inversion Model RL slice, 1,000m anomalies.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8445/159917_07f5d8e61422a81c_002full.jpg
Rick Van Nieuwenhuyse, Chairman, states, "It is exciting to finally get to drill some of the numerous targets at Lordsburg. It has taken several years to assemble a
controlling land position on this largely untested porphyry copper district. The DCIP/MT survey identified a number of compelling targets - especially when combined with our multiple layers of technical data including detailed geologic mapping, ASTER hyperspectral alteration mapping, magnetics, soil geochemistry and LIDAR. For those about to drill, we salute you!"
One of the most exciting times for an explorer is when drilling begins….
With extensive collective mining industry experience, the ACDXF
team brings geologic knowledge and capital markets expertise and has
worked with major names.
Now is the time to keep a close eye on the company’s news! If a solid resources position is found, it could allow ACDXF to capitalize on the industry's growth.
Copper is key to EVs, solar and wind power. With a supply constraint issue looming, now is a pivotal time to pay attention to copper exploration companies…
Industry leaders are very nearby to ACDXF’s
project
and when you have a giant like Rio Tinto keeping data on your property, it means something! Start your research!
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