Toronto, Ontario – May 12, 2022 – Doré Copper Mining Corp. (the “Corporation” or “Doré Copper“) (TSXV: DCMC; OTCQX: DRCMF; FRA: DCM) has granted 765,000 stock options to management, consultants and advisors. The stock options have an exercise price of $0.59 per share and a term of five years. The Company has also granted an aggregate total of 150,000 deferred share units (“DSU’s”) to the independent directors of the Company. The DSUs are payable in common shares of the Company upon the holder ceasing to be a director of the Company. Both issuances were done in accordance with the Company’s omnibus share incentive plan.
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 Mlbs of copper equivalent annually by implementing a hub-and spoke operation model with multiple high-grade copper-gold assets feeding its centralized Copper Rand mill. The Corporation has delivered its PEA in May 2022 and plans to commence a feasibility study and submit permit applications by mid-year.
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 gold1. The land package includes 13 former producing mines, deposits and resource target areas within a 60-kilometre 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
- 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).
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- 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
- 2023-06-06 Doré Copper announces closing of $2.8 million non-brokered private placement of common shares and flow-through shares
- 2023-05-29 Doré Copper reports High-Grade Gold mineralization at Gwillim including 9.67 g/t au over 5.3 metres
- 2023-05-15 Dore Copper announces grant of stock options and deferred share units
- 2023-05-08 Doré Copper announces up to $3 million non-brokered private placement of common shares and flow-through shares
- 2023-05-03 Doré Copper to Drill High Priority Copper-Gold Targets This Summer in Chibougamau, Quebec