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Toronto, Ontario – November 17, 2022 – Doré Copper Mining Corp. (the “Corporation” or “Doré Copper“) (TSXV: DCMC; OTCQX: DRCMF; FRA: DCM) is pleased to announce it has submitted to the Administrator of the James Bay and Northern Quebec Agreement the Preliminary Information Statement for the Environmental and Social Impact Assessment (ESIA) for the commencement of its proposed hub-and spoke operation near Chibougamau, Québec. The Preliminary Information Statement includes the Corner Bay and Devlin mines, the Copper Rand mill, the tailings management facility and associated roads and electrical power connections. The vast majority of the sites described in the Preliminary Information Statement have existing infrastructures.
The Preliminary Information Statement is the first step of the environmental and social assessment and review procedure under the Environment Quality Act. On behalf of the Administrator, the Environmental and Social Impact Evaluating Committee (COMEV) will review the Preliminary Information Statement then issue a project Directive, the proponent roadmap under which the ESIA will be carried out.
About Doré Copper Mining Corp.
Doré Copper Mining Corp. aims to be the next copper producer in Québec with an initial production target of +50 million pounds of copper equivalent annually by implementing a hub-and spoke operation model with multiple high-grade copper-gold assets feeding its centralized Copper Rand mill1. The Corporation has delivered its PEA in May 2022 and is proceeding with a feasibility study.
The Corporation has consolidated a large land package in the prolific Lac Doré/Chibougamau and Joe Mann mining camps that has produced 1.6 billion pounds of copper and 4.4 million ounces of gold2. The land package includes 13 former producing mines, deposits and resource target areas within a 60-kilometer radius of the Corporation’s Copper Rand Mill.
For further information, please contact:
Ernest Mast
President and Chief Executive Officer
Phone: (416) 792-2229
Email:
Laurie Gaborit
VP Investor Relations
Phone: (416) 219-2049
Email:
For more information, please visit: www.dorecopper.com
Facebook: Doré Copper Mining
LinkedIn: Doré Copper Mining Corp.
Twitter: @DoreCopper
Instagram: @DoreCopperMining
- Technical report titled “Preliminary Economic Assessment for the Chibougamau Hub-and-Spoke Complex, Québec, Canada” dated June 15, 2022, in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). The Technical Report was prepared by BBA Inc. with several consulting firms contributing to sections of the study, including SLR Consulting (Canada) Ltd., SRK Consulting (Canada) Inc. and WSP Inc.
- Sources for historic production figures: Economic Geology, v. 107, pp. 963–989 – Structural and Stratigraphic Controls on Magmatic, Volcanogenic, and Shear Zone-Hosted Mineralization in the Chapais-Chibougamau Mining Camp, Northeastern Abitibi, Canada by François Leclerc et al. (Lac Dore/Chibougamau mining camp) and NI 43-101 Technical Report on the Joe Mann Property dated January 11, 2016 by Geologica Groupe-Conseil Inc. for Jessie Ressources Inc. (Joe Mann mine).
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain “forward-looking statements” under applicable Canadian and United States securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the use of proceeds of the Offering, the timing and ability of the Corporation to receive necessary regulatory approvals, including the final acceptance of the Offering from the TSX Venture Exchange, the renunciation to the purchasers of the Flow-Through Shares and timing thereof, the tax treatment of the Flow-Through Shares, the Corporation’s ability to meet its production target, the commencement, timing and completion of a feasibility study, and the plans, operations and prospects of the Corporation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; delay or failure to receive regulatory approvals; the price of gold and copper; and the results of current exploration. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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.
- 2024-09-26 Doré Copper announces closing of $4.676 million non-brokered private placement of common shares and flow-through shares
- 2024-09-04 Dore Copper announces up to $4.62 million non-brokered private placement of common shares and flow-through shares
- 2024-07-24 Dore Copper confirms copper mineralization on its Cedar Bay Southwest Extension
- 2024-07-03 Dore Copper enters into an Agreement to acquire claims next to its flagship Corner Bay High-Grade Copper deposit
- 2024-06-20 Dore Copper announces 2024 annual and special meeting results
- 2024-04-19 Dore Copper announces grant of stock options and deferred share units
- 2024-03-27 Dore Copper identifies gold exploration potential at Norhart Zone, just North of the former Joe Mann mine
- 2024-02-26 Dore Copper announces Management changes
- 2024-01-22 Doré Copper increases size of its Joe Mann Property by acquiring a 65% interest in 3,030 hectares
- 2024-01-02 Doré Copper announces closing of rights offering
- 2023-11-21 Doré Copper announces rights offering
- 2023-10-30 Dore Copper reports excellent concentrate grades and recoveries with low impurity element concentrations from flotation tests at its Corner Bay project
- 2023-10-17 Doré Copper reports exploration drill results – intersects shallow mineralization grading 4.4 g/t Au over 9.8 metres at Gwillim
- 2023-08-01 Doré Copper provides update on its project activities