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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Logan Copper Inc. | TSXV:LC | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
Logan Copper Inc. (the "Company" or "Logan"), (TSX VENTURE:LC) announces it has entered into an agreement to acquire a 100% interest in 5 mineral claims from an arm's length vendor for cash consideration of $32,168 Cdn. These five claims consist of approximately 6,330 acres and are contiguous to Logan's "Dansey" Copper Prospect, in central BC. These claims are strategically located to the North of the "Dansey" prospect, where drilling has recently commenced to test the newly discovered "Northern" and "Midway" Anomalies. The "Dansey" Copper Prospect is contiguous to Teck Resources Ltd. "Highland Valley" copper mine, currently Canada's largest actively producing copper mine. There is no NSR applicable to this transaction. Upon completion of this acquisition Logan will hold a total of 136 mineral claims for a total of 135,935 acres. Logan Copper's President and CEO, Thal S. Poonian, stated "We are pleased to have strategically expanded our "Dansey" prospect next to Teck's "Highland Valley" mine. Drilling has recently commenced and is designed to test multiple new anomalies that have been discovered at depth below previous 2008 drilling. Assay results are expected to be available shortly, following the completion of drilling and geophysics." About Logan Copper Inc. Logan Copper Inc. is a Canadian copper exploration and development company. Our primary assets include the "Dansey" and "Lost Mine" copper properties, located between Kamloops and Merritt in British Columbia; and are contiguous to Teck Resources Ltd. "Highland Valley" copper mine. The Company is listed on the TSX-Venture Exchange under the symbol (LC). The company currently has 22,634,440 common shares issued and outstanding. On behalf of the Board of Directors of LOGAN COPPER INC. Thal S. Poonian, CEO/President/Director
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