Kutcho Copper Joins BC Regional Mining Alliance
September 24 2019 - 8:00AM
Kutcho Copper Corp. (TSXV: KC) (OTC: KCCFF)
(“Kutcho Copper” or the “Company”) is pleased to announce it has
joined the BC Regional Mining Alliance (“BCRMA”), a consortium of
Aboriginal groups, industry peers, the BC Government and AME BC.
The Alliance was formed to promote and raise awareness of British
Columbia, Canada as a world-class mining jurisdiction with a rich
history in mining, and as a Province that currently hosts existing
mining operations.
The regional attention is the Golden Triangle
and areas in northwest BC which “has been a focus of mineral
exploration and mining activity for over 150 years. Early
discoveries included significant gold, silver, copper, zinc, lead
and molybdenum deposits throughout the region, which covers nearly
one-quarter of the province of BC. Today, a rise in commodity
prices and improvements in infrastructure have made the Golden
Triangle one of the hottest mineral exploration districts in the
world.” Additional information on the BCRMA can be viewed on the
respective website at
https://amebc.ca/bc-regional-mining-alliance/.
“We’re very pleased to become a member of the
BCRMA,” said Vince Sorace, Kutcho’s President & CEO. “Northern
BC is a top-notch and safe mining jurisdiction, and we look forward
being part of a collaborate effort by all members of the Alliance
to uphold and support socially responsible resource
development.”
Peter Robb, Assistant Deputy Minister, Mines,
Competitiveness and Authorizations Division, Ministry of Energy,
Mines and Petroleum Resources stated, “The Province of British
Columbia is pleased to welcome Kutcho Copper as the newest member
of the BC Regional Mining Alliance (BCRMA). The company’s strong
working relationship with the Tahltan Nation on the Kutcho Project
is a testament to the BCRMA’s spirit of collaboration and mutually
beneficial partnerships. We look forward to working with Kutcho to
promote this collaborative approach to project development and
attract continued investment to our sector.”
Kendra Johnston, President & CEO of AME BC
remarked, “AME is thrilled to welcome Kutcho Copper as a member to
the BC Regional Mining Alliance (BCRMA). Kutcho’s copper-zinc
project is an excellent addition to the BCRMA and highlights the
diversity of projects and geological models that are found in BC’s
Golden Triangle. We look forward to working with Kutcho as a
partner to promote continued investment into mineral exploration
and development in BC.”
About Kutcho Copper Corp.
Kutcho Copper Corp. is a Canadian resource
development company focused on expanding and developing the Kutcho
high grade copper-zinc project in northern British Columbia.
Committed to social responsibility and the highest environmental
standards, the Company intends to progress the Kutcho Project
through feasibility and permitting to a positive construction
decision.
Vince Sorace President & CEO, Kutcho Copper
Corp.
For further information regarding Kutcho Copper
Corp., please email info@kutcho.ca or visit our website at
www.kutcho.ca.
Cautionary Note Regarding
Forward-Looking Statements
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.
This news release contains certain statements
that may be deemed “forward-looking statements” with respect to the
Company within the meaning of applicable securities laws.
Forward-looking statements are statements that are not historical
facts and are generally, but not always, identified by the words
“expects”, “plans”, “anticipates”, “believes”, “intends”,
“estimates”, “projects”, “potential”, “indicates”, “opportunity”,
“possible” and similar expressions, or that events or conditions
“will”, “would”, “may”, “could” or “should” occur. Although Kutcho
Copper believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance, are subject to risks and
uncertainties, and actual results or realities may differ
materially from those in the forward-looking statements. Such
material risks and uncertainties include, but are not limited to,
the Company’s ability to raise sufficient capital to fund its
obligations under its property agreements going forward, to
maintain its mineral tenures and concessions in good standing, to
explore and develop the Kutcho project or its other projects, to
repay its debt and for general working capital purposes; changes in
economic conditions or financial markets; the inherent hazards
associates with mineral exploration and mining operations, future
prices of copper and other metals, changes in general economic
conditions, accuracy of mineral resource and reserve estimates, the
potential for new discoveries, the potential to convert inferred
resources to indicated or measured resources, the potential to
optimize the mine plan, the ability of the Company to obtain the
necessary permits and consents required to explore, drill and
develop the Kutcho project and if obtained, to obtain such permits
and consents in a timely fashion relative to the Company’s plans
and business objectives for the projects; the general ability of
the Company to monetize its mineral resources; and changes in
environmental and other laws or regulations that could have an
impact on the Company’s operations, compliance with environmental
laws and regulations, aboriginal title claims and rights to
consultation and accommodation, dependence on key management
personnel and general competition in the mining industry.
Forward-looking statements are based on the reasonable beliefs,
estimates and opinions of the Company’s management on the date the
statements are made. Except as required by law, the Company
undertakes no obligation to update these forward-looking statements
in the event that management’s beliefs, estimates or opinions, or
other factors, should change.
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