Mining Stock Education

Doré Copper Hits High-Grade 3%-4% Copper & Expands Corner Bay Deposit with CEO Ernest Mast


Listen Later

Doré Copper Mining’s (TSXV: DCMC - OTCQB:DRCMF – FRA:DCM) assets contain some of the highest-grade undeveloped copper and gold deposits in North America. The company’s projects are located just 14 km from the town of Chibougamau in mine-friendly Quebec and are one of Canada’s premier near-term redevelopment opportunities. Doré Copper is debt-free and owns a 2,700 tpd mill with a 8.0Mt tailings facility. There is already power to site and it is accessible by paved highway and rail. The goal is to produce a profitable hub-and-spoke operation of +100,000 oz/yr AuEq or +60 M lbs CuEq by 2023/2024. Because of the existing infrastructure and location, a low capex is anticipated to recommence production. In this interview, Doré Copper Mining’s president and CEO Ernest Mast provides an update on the company’s recent drill results from its Corner Bay deposit in which they hit 3% to 4% copper grades and expanded the deposit. Ernest also discusses the recent C$14.6M financing and shares the upcoming catalysts in H2 2021.
Drilling Highlights
Main Vein below dyke
• CB-21-30: 10.45 meters of 2.23% Cu, 0.52 g/t Au and 7.7 g/t Ag, including 4.6 meters of 4.04% Cu, 1.02 g/t Au and 13.7 g/t Ag
• CB-21-32W1: 6.8 meters of 3.67% Cu, 0.26 g/t Au and 9.7 g/t Ag – 65 METRES UP-DIP FROM 5.5 meters of 3.46% Cu, 0.25 g/t Au and 8.4 g/t Ag (Hole CB-21-32)
• CB-21-34: 3.6 meters of 4.52% Cu, 0.12 g/t Au and 8.1 g/t Ag, including 1.65 meters of 9.75% Cu, 0.24 g/t Au and 14.7 g/t Ag
Main Vein above the dyke
• CB-21-31: 3.0 meters of 4.09% Cu, 0.37 g/t Au and 10.9 g/t Ag
• CB-21-35: 7.3 meters of 1.43% Cu, 0.17 g/t Au and 4.9 g/t Ag, including 3.1 meters of 2.03% Cu, 0.32 g/t Au and 6.6 g/t Ag
• CB-21-37: 4.55 meters of 3.02% Cu, 0.42 g/t Au, and 12.9 g/t Ag
TSXV: DCMC OTCQB:DRCMF FRA:DCM https://www.dorecopper.com/en/
Most-recent presentation:
https://www.dorecopper.com/wp-content/uploads/2021/06/DCMC-CP_2021-06-11_June-Presentation.pdf
Press releases discussed in this interview:
https://ceo.ca/@nasdaq/dor-copper-intersects-68-meters-at-367-copper-and
https://ceo.ca/@nasdaq/dor-copper-announces-closing-of-c146-million-bought
Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39
Doré Copper Mining is a sponsor of Mining Stock Education. Doré Copper Mining’s forward-looking statement found in the company’s presentation applies to the content of this podcast. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
...more
View all episodesView all episodes
Download on the App Store

Mining Stock EducationBy Bill Powers

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

134 ratings


More shows like Mining Stock Education

View all
The Peter Schiff Show Podcast by Peter Schiff

The Peter Schiff Show Podcast

5,665 Listeners

Sprott Money News by Sprott Money

Sprott Money News

150 Listeners

Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,064 Listeners

Mining Stock Daily by Trevor Hall

Mining Stock Daily

94 Listeners

Palisades Gold Radio by Collin Kettell

Palisades Gold Radio

250 Listeners

Money of Mine by Mineral Media

Money of Mine

24 Listeners

Rebel Capitalist News by George Gammon

Rebel Capitalist News

1,031 Listeners

Eurodollar University by Jeff Snider

Eurodollar University

459 Listeners

The Grant Williams Podcast by Grant Williams

The Grant Williams Podcast

1,347 Listeners

Doug Casey's Take by Matthew Smith

Doug Casey's Take

126 Listeners

ITM Trading Podcast by The Daniela Cambone Show and Taylor Made Economics

ITM Trading Podcast

66 Listeners

Wealthion - Be Financially Resilient by Wealthion

Wealthion - Be Financially Resilient

376 Listeners

The Jay Martin Show by Jay Martin

The Jay Martin Show

69 Listeners

Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

Thoughtful Money with Adam Taggart

389 Listeners

The David Lin Report by The David Lin Report

The David Lin Report

35 Listeners