Highland Copper Commences Drilling Program for Metallurgical Testing of Ultrafine Flotation Technology
22 January 2025 - 11:00PM
Highland Copper Company Inc. (TSXV: HI; OTCQB: HDRSF) (“Highland
Copper” or the “Company”) is pleased to announce the commencement
of a new drilling program aimed at extracting samples for advanced
metallurgical testing. This initiative marks a significant step
forward in optimizing project economics and underscores Highland
Copper’s commitment to innovative and sustainable mining practices.
The metallurgical testing forms part of the
recently launched Front-End Engineering and Design work and will
focus on ultra-fine flotation technology, a process that can
potentially enhance the grade-recovery curve, resulting in improved
overall project economics. In addition to potentially boosting
recovery rates, this technology is also capable of delivering cost
savings by reducing the physical footprint of the processing plant,
aligning with the Company’s goals for operational efficiency and
environmental stewardship.
Barry O’Shea, CEO of Highland Copper, stated:
“The launch of this drilling program represents an important
milestone for Highland Copper as we continue to explore and
implement innovative technologies. Ultra-fine flotation has the
potential to not only enhance metal recovery but also reduce our
environmental footprint, which is a core value of our operations.
We are excited to consider how this proven technology can deliver
long-term value to our shareholders and communities.”
The drilling program is currently underway. The
Company anticipates completing the program by mid-March 2025. The
extracted samples will be tested in partnership with leading
metallurgical laboratories to validate and refine the potential of
ultra-fine flotation technology for the Company’s operations.
Highland Copper remains committed to advancing
its projects responsibly and efficiently, ensuring that innovation
and sustainability are at the forefront of its strategic
initiatives.
About Highland Copper
Company
Highland Copper Company Inc. is a Canadian
company focused on exploring and developing copper projects in the
Upper Peninsula of Michigan, U.S.A. The Company owns the Copperwood
deposit through long-term mineral leases and 34% of the White Pine
North project through a joint venture with Kinterra Copper USA LLC.
The Company also owns surface rights securing access to the
Copperwood deposit and providing space for infrastructure at
Copperwood as required. The Company has 736,363,619 common shares
issued and outstanding. Its common shares are listed on the TSX
Venture Exchange under the symbol "HI" and trade on the OTCQB
Venture Market under the symbol "HDRSF."
More information about the Company is available
on the Company’s website at www.highlandcopper.com and on SEDAR+ at
www.sedarplus.ca.
Cautionary Note Regarding
Forward-Looking Information
This news release contains “forward-looking
statements” and “forward-looking information” (collectively
“forward-looking statements”) within the meaning of applicable
Canadian securities legislation. Forward-looking statements made in
this news release include, without limitation, statements with
respect to:(i) timing of the completion of the drilling program;
(ii) the fact that the Company may be able to use ultra-fine
flotation technology at Copperwood, and iii) the anticipated
benefits of the use of ultra-fine flotation technology. There is no
guarantee that the Copperwood project will be amenable to
ultra-fine flotation technology, or that ultra-fine flotation
technology will result in improved grade recovery, overall project
economics, or a reduced environmental footprint. The work to be
conducted is speculative in nature and part of the Company’s
ongoing FEED process at the Copperwood project. Although the
Company believes that the assumptions and factors used in preparing
the forward-looking statements in this news release are reasonable,
undue reliance should not be placed on forward looking statements.
All forward-looking statements in this press release are based on
information available to the Company as of the date hereof, and the
Company undertakes no obligation to update forward-looking
statements except as required by law.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
For further information or media requests,
please contact:
Barry O’Shea, CEOEmail:
info@highlandcopper.com Website:
www.highlandcopper.com
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