Drill Program Expanded At Moonlight-Superior Copper Project


TORONTO - US Copper Corp reported that it is expanding the previously announced diamond drilling program at its 100% owned Moonlight-Superior Copper Project in north-east California. The revised plan is to drill 12-15 holes instead of the initially planned seven holes.

The current drill program has been progressing well, with six holes totaling 5,000 feet completed to date at the Superior deposit, one of three deposits at the Moonlight-Superior Copper Project. With the closing of the Company's $2 million financing in May, the Company has determined that it can advance its plans to upgrade the Superior deposit to the indicated category with the upsized drill program.

Stephen Dunn, President and CEO, said, "We will take advantage of the progress of the drilling unit on site and the availability of funds to expand our 2021 in-fill drilling program at the Superior deposit. This fully-funded program will have the dual objectives of converting existing resources to higher confidence categories as well as quantifying silver and gold credits in the deposit. Silver and gold assays were incompletely assayed by the previous operator because of substantially lower prices for precious metals at that time. At today's prices, precious metal credits could be much more material to our economics than they were to previous generations."