Idaho Copper Corp

Idaho Copper Corporation is a mineral exploration and development company focused on exploring and developing a large copper-molybdenum-silver deposit in Idaho, United States, known as the "CuMo" Project. The company aims to develop one of the potentially largest untapped copper projects in the United States. The project's economics are supported by high-value co-products, including molybdenum and silver. A Preliminary Economic Assessment (PEA) for the CuMo Project was completed in May 2020 by SRK Consulting (Canada) Inc. The CuMo Project currently consists of 126 federal unpatented lode mining claims and 6 patented mining claims, totaling approximately 2,640 acres. These claims are located in an unorganized mining district in Boise County, Idaho, spanning Sections in Township 7N and 8N, Range 5E and 6E, Boise Meridian. The CuMo deposit is situated within the Idaho batholith, forming part of the Idaho-Montana Porphyry Belt. The deposit is associated with a calc-alkalic monzogranite, reported as 45-52Ma age, which intrudes Cretaceous equigranular intrusive rocks of the Atlanta Lobe of the Idaho Batholith. The CuMo area is underlain by biotite granodiorite, and all felsic intrusive phases contain molybdenite (MoS2) mineralization. Idaho Copper is currently investigating the use of additional ore sorting technologies to optimize the separation of waste and low-grade ore from higher-grade mill feed post-mining, aiming to increase the head grade of ore fed to a concentrator.