Toronto, Ontario – December 1, 2020 – Doré Copper Mining Corp. (the “Company” or “Doré Copper“) (TSXV: DCMC, OTCQB: DRCMF) has posted its third quarter 2020 financial statements and MD&A on SEDAR.
In addition, the Company announces that it has retained Alpha Bronze, LLC. (“Alpha Bronze”) to provide certain investor relations services in the United States. Under the terms of the agreement, Doré Copper will pay Alpha Bronze a monthly fee of US$5,500 for a period of 12 months. Alpha Bronze will also receive 150,000 stock options (the “Options”) with a term of two years, vesting 25% after three, six, nine and 12 months. At the time of this press release, neither Alpha Bronze nor its principals had any direct or indirect interest in Doré Copper securities.
The Company is also issuing an additional 85,000 stock options to a service provider.
The exercise price of the Options will be set at the Company’s closing share price on December 1,2020.
About Doré Copper
Doré Copper Mining Corp. is a copper-gold explorer and developer in the Chibougamau area of Québec, Canada. Doré Copper has consolidated a large land package in the prolific Lac Doré/Chibougamau mining camp that has produced 1.6 B lbs of copper and 3.2 M oz of gold. In addition, the Company has optioned the high-grade Joe Mann gold mine (production 1.17 M oz at 8.26 g/t Au). The land package includes 12 former producing mines, deposits and resource target areas within a 60-kilometre radius of the Company’s 2,700 tpd mill (Copper Rand Mill).
The Company’s objective is to create a profitable hub-and-spoke operation with its high-grade copper-gold assets. The Company’s current focus is to grow mineral resources and sequentially re-develop the high-grade Corner Bay (Cu-Au), Cedar Bay (Au-Cu), Joe Mann (Au), and Copper Rand (Au-Cu) deposits. The Company’s ongoing fully-funded 35,000-metre drilling program for 2020 and early 2021 is expected to lead to an updated mineral resource estimate and a Preliminary Economic Assessment (PEA) in 2021.
For further information regarding Doré Copper, please visit the Company’s website at www.dorecopper.com or refer to Doré Copper’s SEDAR filings at www.sedar.com.
For further information, please contact:
Laurie Gaborit
Vice President Investor Relations
Phone: (416) 219-2049
Email:
Neither 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 news release.
- 2022-11-22 Doré Copper reports remaining results from its 2022 infill drilling program at flagship Corner Bay project
- 2022-11-18 Dore Copper announces update on the Joe Mann option agreement
- 2022-11-17 Dore copper submits Preliminary Information Statement for environmental and social impact assessment
- 2022-10-21 Doré Copper announces closing of C$5.75 million private placement of common shares and flow-through shares including full exercise of agents’ option
- 2022-09-29 Doré Copper announces up to C$5 million private placement of common shares and flow-through shares
- 2022-09-12 Dore Copper announces its drilling plans for Joe Mann and Doré Ramp exploration target
- 2022-08-19 Doré Copper appoints Chief Operating Officer
- 2022-08-11 Doré Copper continues to intersect High-Grade Copper mineralization from 2022 infill drilling program at flagship Corner Bay project
- 2022-07-11 Doré Copper reports high-grade copper results from 2022 infill drilling program at its flagship Corner Bay copper-gold project
- 2022-06-15 Doré Copper files technical report for its Preliminary Economic Assessment of Hub-and-Spoke operation in Chibougamau, Quebec
- 2022-05-12 Doré Copper announces grant of stock options and deferred share units
- 2022-05-10 Doré Copper announces positive Preliminary Economic Assessment for restarting Chibougamau mining camp
- 2022-04-21 Doré Copper reports high-grade gold mineralization at Gwillim
- 2022-03-10 Doré Copper reports more high-grade copper results from 2021 drilling program at its flagship Corner Bay copper-gold project