Vancouver, British Columbia–(Newsfile Corp. – August 12, 2024) – World Copper Ltd. (TSXV: WCU) (OTCQB: WCUFF) (FSE: 7LY0) (“World Copper” or the “Company”; announces a grade-confirmation programme at its Zonia copper-oxide project in Arizona, USA (“Zonia” or the “Zonia Project”).As a past producer, Zonia hosts over 7.1 million tons (containing up to 55 million pounds of copper) of run-of-mine mineralized material placed on three leach pads in the 1970’s. This material is not currently considered in the project’s Mineral Resource Estimate. This partially processed material is located on private patented land and is easily accessible (see the release from July 2nd, 2024, for further details). It presents a significant opportunity to add value to the project and could potentially become an additional early revenue source, having a positive effect on Zonia’s future economics and NPV (net present value).Historical documents (a mine production report from 1979 and a project evaluation report from 1982) estimated remnant copper content of the pads ranging from 26.6 million lbs to 55 million lbs, with a grades ranging from 0.4% to 0.6% Cu. Therefore, the Company has initiated a grade-confirmation programme, which will include surface studies, drilling, and metallurgical testing to confirm the acid-soluble copper grade of this material. The programme will involve up to 1,100 metres (3,600 feet) of reverse circulation (“RC”) drilling, followed by metallurgical testing and additional in-fill drilling, if required.Re-processing historical material o …
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