Mining
March 14, 2023

Alto Verde Copper: Exploring Chile's Copper Belt with a Sustainable and Experienced Approach

Alto Verde Copper is a private mining company focused on copper exploration projects in Chile.

Alto Verde Copper is a private mining company with its portfolio focused on exploration assets in the Central Volcanic Zone, located in a highly prospective Chilean Copper belt. Alto Verde has three copper exploration projects: Tres Marias and Zenaida in Antofagasta Region, and Pitbull in Tarapaca Region. The projects are located among several of the world's largest mines owned by the largest global mining companies, including Glencore, Anglo American, Teck Resources, and BHP among others.

Tres Marias Project

The Tres Marias Project is located 1,150 km north of Chile's capital city, Santiago, in the Antofagasta Region II. The project is accessible from the city of Calama via a track along the north bank of the Loa River or via the 35 km road from Calama to Antofagasta road. The city of Calama is an important commercial, financial, and administrative centre and can provide sources of labour and supplies needed for an exploration.

The Tres Marias Copper Project is located in the Morphostructural zone of the Atacama Desert known as the Central Depression, underlain by Upper Cretaceous to Lower Paleogene Period magmatic arc rocks comprising a north-south linear belt. The Project lies within the Central Metallogenic Belt (Paleocene-Lower Eocene) which includes the Spence (BHP) and Sierra Gorda (KGHM) copper mines and the El Peñon (Yamana) and El Guanaco (Austral Gold) gold-silver mines. Historically this belt is one of the most significant copper-producing belts in Chile.

Team

Alto Verde's leadership team is comprised of senior mining industry executives who have a wealth of technical and capital markets experience and a strong track record of discovering, financing, developing, and operating mining projects on a global scale. The company is committed to sustainable and responsible business activities in line with industry best practices, supportive of all stakeholders, including the local communities in which they operate.

Why Invest?

Investors may be interested in Alto Verde Copper as Chile is a major producer of copper, iron ore, and other metals. The country has a highly trained technical and professional workforce, and mining supplies and equipment are readily available. Furthermore, major international mining companies operating in Chile have little requirement for expatriate employees, and international exploration and mining service companies and engineering firms provide excellent geological and logistical support to foreign companies.

From an investor's point of view, Alto Verde's portfolio of exploration assets has the potential to generate significant returns as the demand for copper is projected to increase, driven by the global transition to cleaner and greener energy sources and the development of electric vehicles. As a result, copper prices are expected to continue to rise in the long term. Alto Verde's strategic location, experienced leadership team, and commitment to sustainability also position the company to take advantage of Chile's rich copper resources and contribute positively to the local communities.

Alto Verde Copper & Interra Copper Corp.

Interra Copper Corp has signed a definitive business combination agreement with Alto Verde Copper Inc and its wholly owned subsidiary, Interra Subco, to acquire all the issued and outstanding shares of Alto Verde. The agreement replaces the previous letter of intent between the companies. The directors and CEOs of both companies expressed their enthusiasm for the transaction, which will expand their asset base in British Columbia and the Chilean copper belt, creating a significant platform for growth in the copper market.

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