QC Copper to acquire the remaining 50% ownership interest from SOQUEM

Roger has a 43-101 resource estimate showing 535,000 ounces gold equivalent @ 0.95 g/t AuEq

Toronto, Ontario–(Newsfile Corp. – October 21, 2024) – QC Copper and Gold Inc. (TSXV: QCCU) (OTCQB: QCCUF) (“QC Copper” or the “Company”) is pleased to announce that it has signed an arm’s length definitive agreement to acquire the remaining 50% ownership interest in the Roger Gold-Copper Project (“Roger” or the “Project”), located in the prolific Chibougamau mining district of Quebec.

With this acquisition, QC Copper solidifies its position in the gold and copper mining industry, gaining full control over the Roger Gold-Copper Project. This move is a significant step for the company, as it allows them to maximize the potential of the project and fully capitalize on the resources it holds.

The Roger Gold-Copper Project is located in the Chibougamau mining district of Quebec, a region known for its rich mineral deposits and mining history. With a 43-101 resource estimate showing 535,000 ounces gold equivalent at 0.95 g/t AuEq, the project has immense potential for further exploration and development.

By acquiring the remaining 50% ownership interest from SOQUEM, QC Copper gains full control over the project’s operations, including exploration, development, and production. This will enable the company to make strategic decisions that align with its long-term goals and objectives in the mining sector.

Overall, the acquisition of the remaining 50% ownership interest in the Roger Gold-Copper Project marks a significant milestone for QC Copper, positioning them for future growth and success in the industry.

How will this affect me?

As an investor in QC Copper, this acquisition could potentially lead to increased returns on your investment. With full control over the Roger Gold-Copper Project, the company has the opportunity to maximize the project’s potential and generate higher revenues and profits.

How will this affect the world?

On a larger scale, the acquisition of the remaining 50% ownership interest in the Roger Gold-Copper Project could have positive implications for the mining industry and the economy. By fully capitalizing on the project’s resources, QC Copper can contribute to job creation, economic growth, and the development of sustainable mining practices.

Conclusion

The acquisition of the remaining 50% ownership interest in the Roger Gold-Copper Project is a strategic move for QC Copper, positioning them for growth and success in the mining industry. With full control over the project, the company has the opportunity to maximize its potential and make a positive impact on both investors and the world at large.