Powell River

Alpha Copper Terminates Okeover Option Agreement

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Monday, March 20, 2023
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VANCOUVER, British Columbia, March 20, 2023 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FWB: PP0) (“Alpha,” “Alpha Copper,” or the “Company”), a resource sector enterprise founded to create value through mineral exploration, technical development, and asset acquisition, announces that it has terminated the option agreement for the Okeover project.

Key Points: 
  • VANCOUVER, British Columbia, March 20, 2023 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FWB: PP0) (“Alpha,” “Alpha Copper,” or the “Company”), a resource sector enterprise founded to create value through mineral exploration, technical development, and asset acquisition, announces that it has terminated the option agreement for the Okeover project.
  • The Okeover project is situated approximately 20 km north of Powell River within the traditional territory of the Tla'amin First Nation.
  • “We decided to terminate the option agreement based on all exploration results to date,” stated Darryl Jones, CEO of Alpha, “after careful consideration it became clear to us that the value of the option deal did not reflect the value of the project anymore.
  • Collar locations for diamond drill holes in the 2022 Okeover drill program.

CPABC recognizes three CPAs for early career achievements

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Tuesday, February 28, 2023
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CPAs, Paulina Cameron, Mallory Denniston and Jocelyn Li, have been recognized with the Early Achievement Award by the Chartered Professional Accountants of British Columbia (CPABC) for having distinguished themselves early in their CPA careers through professional achievements and/or volunteer service.

Key Points: 
  • CPAs, Paulina Cameron, Mallory Denniston and Jocelyn Li, have been recognized with the Early Achievement Award by the Chartered Professional Accountants of British Columbia (CPABC) for having distinguished themselves early in their CPA careers through professional achievements and/or volunteer service.
  • Since 2019, she has greatly expanded its reach from 440 to 1,500 entrepreneurs, boosted its programming and doubled its funding.
  • She had an equally striking impact at Futurpreneur Canada (2013-2018), where she expanded the community of young entrepreneurs accessing capital by 150%.
  • Cameron created and taught an Introduction to Entrepreneurship and Innovation course at SFU’s Beedie School of Business in 2017.

Alpha Provides Update on Recently Completed 2000m Drill Program at Okeover Project

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Wednesday, January 4, 2023
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VANCOUVER, British Columbia, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FSE: PP0) (“Alpha” or the “Company”) is pleased to announce the completion of a 2000m confirmation drill program at its Okeover project in coastal British Columbia.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FSE: PP0) (“Alpha” or the “Company”) is pleased to announce the completion of a 2000m confirmation drill program at its Okeover project in coastal British Columbia.
  • Indata Geoscience led all field work associated with the program and Superior Diamond Drilling carried out the drill campaign.
  • The 2022 drill program confirmed an open-ended aerial extent of low-grade porphyry-style mineralization (250 x 350m) and extended known mineralized rocks to at least 530m depth (OK-22-04).
  • With encouraging visual mineralization and correlation in the old drill logs the company felt the program was a success in the early stages.

Alpha Copper Commences Mobilization to Okeover Copper-Molybdenum Project

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Tuesday, November 1, 2022
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VANCOUVER, British Columbia, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FWB: PP0) (Alpha, Alpha Copper, or the Company) a resource sector organization founded to create value through mineral exploration and asset advancement, is pleased to announce that drill program mobilization to the Okeover project has commenced.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FWB: PP0) (Alpha, Alpha Copper, or the Company) a resource sector organization founded to create value through mineral exploration and asset advancement, is pleased to announce that drill program mobilization to the Okeover project has commenced.
  • Alpha has been advised the contractor has begun moving the drill rig and excavator to the project site to execute on its initial 2000-metre drilling campaign.
  • In related news based upon a review of the Companys website by the British Columbia Securities Commission (BCSC), Alpha Copper wishes to clarify disclosure regarding inferred copper and molybdenum resources at its Okeover project located near the community of Powell River, BC.
  • The Companys proposed exploration of the Okeover project will seek to verify the results of Prophecy exploration in connection with the proposed preparation of a current mineral resource estimate in respect of the Okeover project.

Alpha and CAVU Announce Signing of Definitive Agreement to Become a Premier Copper Exploration Company in BC and the Yukon

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Monday, October 3, 2022
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Darryl Jones, CEO of Alpha Copper, stated This Agreement is an opportunity to strengthen our grip on a portfolio of quality copper assets in Western Canada.

Key Points: 
  • Darryl Jones, CEO of Alpha Copper, stated This Agreement is an opportunity to strengthen our grip on a portfolio of quality copper assets in Western Canada.
  • Danny Matthews, director of CAVU, commented The board of CAVU is pleased to enter into this milestone agreement and unanimously supports the Transaction.
  • The merged company will have premier assets of scale and regional focus that will benefit shareholders of both CAVU and Alpha.
  • The Company is currently focused on the exploration of its Hopper Copper-Gold Project in the Yukon and recently acquired Star Copper-Gold Porphyry Project in BC.

Alpha Copper Corp. Enters into Letter of Intent to Acquire CAVU Energy Metals Corp. in All-Stock Transaction

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Friday, August 19, 2022
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After the Proposed Transaction, the combined entity of Alpha and CAVU will become a premier copper exploration company with an expanded portfolio of prospective base and precious metals assets in BC and the Yukon.

Key Points: 
  • After the Proposed Transaction, the combined entity of Alpha and CAVU will become a premier copper exploration company with an expanded portfolio of prospective base and precious metals assets in BC and the Yukon.
  • Hopper Project (CAVU) is a 74 km2 multi-target porphyry copper-molybdenum project in the Yukon with significant copper-gold-silver peripheral skarn mineralization.
  • Alpha Copper is focused on contributing to the green economy by finding and developing copper resource assets in stable jurisdictions.
  • About CAVU Energy Metals Corp.
    CAVU Energy Metals Corp. is a mining company engaged in the acquisition, exploration and development of mineral projects containing metals used in green technologies and the renewable energy sector.

Alpha Copper Announces Okeover Project Contract for 2000 Metre Diamond Drill Program

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Wednesday, July 13, 2022
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VANCOUVER, British Columbia, July 13, 2022 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FRA: PP0) (Alpha, Alpha Copper, or the Company) a resource sector organization founded to create value through mineral exploration and asset advancement, has executed a drilling contract to undertake an initial 2000 metre drill program at its Okeover copper-molybdenum project located in Western British Columbia, Canada.

Key Points: 
  • VANCOUVER, British Columbia, July 13, 2022 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FRA: PP0) (Alpha, Alpha Copper, or the Company) a resource sector organization founded to create value through mineral exploration and asset advancement, has executed a drilling contract to undertake an initial 2000 metre drill program at its Okeover copper-molybdenum project located in Western British Columbia, Canada.
  • The company will embark on an initial 2000 metre diamond drill program designed to expand the North Lake Zone where a historic resource is targeted and represents just one of seven zones of mineralization on the property.
  • In July 2007, the company of record received the results from the first four drill holes of a seven hole program recently completed at the Okeover property.
  • Historically, copper and molybdenum mineralization was discovered in creek bottoms in the central part of on the Okeover Property in 1965.

DGAP-News: Copper explorer Alpha Copper fully focused on megatrend electrification

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Monday, July 11, 2022
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At the beginning of the year, the management therefore realigned Alpha Copper (WKN A3DB6E / CNX ALCU) and put the focus on the promising Indata copper project!

Key Points: 
  • At the beginning of the year, the management therefore realigned Alpha Copper (WKN A3DB6E / CNX ALCU) and put the focus on the promising Indata copper project!
  • Back then, when copper finally formed a high of more than $10,000 per ton in early March, Alpha Copper was also trading at just under a Canadian dollar.
  • However, we would also like to explicitly point out that any opportunities with an early-stage explorer such as Alpha Copper are always accompanied by high risks.
  • Furthermore, there is a consulting or other service contract between Alpha Copper and GOLDINVEST Consulting GmbH, which means that there is a clear conflict of interest.

Alpha Copper Okeover Property Granted Permit Extension

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Tuesday, May 17, 2022
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VANCOUVER, British Columbia, May 17, 2022 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (Alpha, Alpha Copper, or the Company) a resource sector enterprise founded to create value through mineral exploration, technical development, and asset acquisition is pleased to announce that it has filed and been granted a Permit Extension for its Okeover Copper-Molybdenum Project located in a highly accessible region of coastal British Columbia.

Key Points: 
  • VANCOUVER, British Columbia, May 17, 2022 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (Alpha, Alpha Copper, or the Company) a resource sector enterprise founded to create value through mineral exploration, technical development, and asset acquisition is pleased to announce that it has filed and been granted a Permit Extension for its Okeover Copper-Molybdenum Project located in a highly accessible region of coastal British Columbia.
  • The Permit Extension allows the company to proceed with exploration actives on the Okeover Copper-Molybdenum Project through to March 5, 2024.
  • Alpha is currently planning for a fall work program at the Okeover property, which is strategically planned to build on the historic resource known as the North Lake Zone.
  • Historically, copper and molybdenum mineralization was discovered in creek bottoms in the central part of the Okeover Property in 1965.

Alpha Copper Makes First Payment to Acquire Okeover Copper Project

Retrieved on: 
Friday, March 11, 2022
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In accordance with the Option Agreement, the Company issued 267,159 common shares (the Payment Shares) to Northwest, having an aggregate deemed value of $250,000.

Key Points: 
  • In accordance with the Option Agreement, the Company issued 267,159 common shares (the Payment Shares) to Northwest, having an aggregate deemed value of $250,000.
  • The Payment Shares are subject to a statutory hold period of four months and one day from the date of issuance.
  • Upon completing all payments under the Option Agreement, the Company will be deemed to have exercised the option in full and will acquire 100% interest in the Property.
  • Alpha Copper is focused on contributing to the green economy by finding and developing copper resource assets in stable jurisdictions.