Handa Copper Corporation ("Handa Copper" or the "Company") (TSX VENTURE:HEC)
announced today that it has entered into binding agreements with Renaissance
Copper S.A.R.L ("Renaissance") and with Nirvana Resources S.A.R.L ("Nirvana"),
each of the Republic of Congo ("Congo"), to earn up to a 100% interest (subject
to 10% mandatory state participation) in each of the Maboudou and the
Banda-Kayes projects, each located in the Republic of Congo.


The Properties

Renaissance's Maboudou project is located within the department of Niari in
northwestern Republic of Congo and consists of a land package covering
approximately 3,000 square kilometres. Nirvana's Banda Kayes project has a land
package totalling approximately 5,100 square kilometres and is located in the
department of Bouenza in the south of the country. Both areas are underlain by
the Neoproterozoic metasediments of the West Congolian Belt, a highly
prospective geological belt that traverses the Republic of Congo and extends
north into Gabon and south into the Democratic Republic of Congo.


The Option

The agreements (the "Option Agreements") with each of Renaissance and Nirvana
have the same terms, but are independent of each other and are not
cross-conditional. Each Option Agreement provides Handa Copper with an
irrevocable and exclusive option to earn interests in each project as summarised
below:




--  First Option - an initial 20% interest in consideration for a cash
    payment of US$200,000 for each project. 
--  Second Option - a further 30% interest by proving the first inferred
    copper resource on the property within 32 months of Research Permit for
    each project being signed by the President of the Republic of Congo. 
--  Simultaneously with the exercise of the Second Option in each project
    Handa shall be obliged to pay an amount of US$200,000, earning a further
    1% interest (total 51%) interest in each project. 
--  Third Option - Handa will earn a further 49% interest (total 100%) in
    each project upon making a cash payment of $3,000,000, which payment
    will be due following: (i) completion of a Bankable Feasibility Study,
    to occur within 24 months after the exercise of the Second Option: and
    (ii) the issue of a Mining Permit for the project. Upon the execution of
    the Third Option, each Vendor will retain 1.455% production royalty in
    its respective project. 
--  The Option Agreements are subject to the pending signature of the
    Research Permit applications by the President of the Republic of Congo
    and to their approval by TSX Venture Exchange.



"I see these agreements as an opportunity for the Company to play a major role
in what may prove to be one of the last undeveloped copper provinces in the
world," said Jon R. Stacey, President of Handa Copper. "In geological terms, the
West Congolian Belt is very similar to the Central African Copperbelt; all the
ingredients are present and there are many known copper showings, but it has
never been systematically explored. Until recently it has been overshadowed by
the offshore petroleum industry elsewhere in Congo, but it is a highly
prospective geological belt and we have every reason to believe that large-scale
Copperbelt-style deposits like Kansanshi, Lumwana and Sentinel could be present.
The Company has sufficient funding to execute the first phase of exploration and
will be mobilizing to the field shortly."


Handa's investments in the Maboudou and Banda Kayes projects are consistent with
its strategy of identifying copper projects in some of Africa's most prospective
geological belts. 


About Handa Copper Corporation

The Company is focused on the review of copper opportunities in Africa. Our
field geologists are regularly engaged in field evaluation of project
submissions and testing in-house exploration concepts. Our goal is to build a
portfolio of significant copper projects in Africa.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


Certain statements in this news release contain forward-looking information.
These statements include, but are not limited to, statements with respect to the
Option Agreements, including the terms thereof, and with respect to the Maboudou
and Banda Kayes Projects. These statements address future events and conditions
and, as such, involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of to be
materially different from any future results, outcome, performance or
achievements expressed or implied by the statements. Such factors include, among
others, the overarching risk that the options will not be exercised, and risks
related to the availability of financing and the future price of metals. With
respect to the Maboudou and Banda Kayes Projects, risk factors include the price
of metals, results of exploration activities, relations with locals,
jurisdictional risks, the availability of exploration equipment, and risks
related to the exercise of the Option Agreements. There can be no assurances
that such statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such statements.
Accordingly, the reader should not place any undue reliance on forward-looking
information or statements. The Company undertakes no obligation to update
forward-looking information or statements, other than as required by applicable
law. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Handa Copper Corporation
Marek Kreczmer
CEO
(604) 601-6926
marek@handacopper.com

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