Three Valley Copper Corp (TSXV: TVC) is a mining company focused on copper production.
Earlier known was SRHI Inc, the firm was rebranded in June 2021 as Three Valley Copper Corp. Following the stock symbol on TSX Venture was changed from ‘SRHI’ to ‘TVC’.
SRHI Inc was formed as a result of merger between Adriana Resource Inc and Sprott Resource Corp in February 2017.
The Canadian firm’s core business activity is mining and exploration of copper at its principal mining asset, namely Minera Tres Valles (MTV) in Chile.
Along with the corporate rebranding it increased the stake at MTV to 90.3 per cent from earlier 70 per cent.
Three Valley Copper Corp claims that its MTV mine has high copper producing potential, responsible for 99.99 per cent pure copper cathode production, reportedly. The mining area of this property is spread across 46,000 hectares and has mapped 100 copper occurrences with 70 artisanal exploitation points. The exploration points have similar geological characteristics as its identified orebodies, the copper producer claims.
The MTV Land is largely unexplored and is located in the Chile’s prolific Cretaceous belt, which also hosts a world-class deposit.
Through mining at deposits on the MTV asset and third-party purchases, Three Valley Copper Corp produces high-grade electrolytic copper cathodes with 99.999 per cent purity reportedly.
The mine’s estimated production capacity is 7,000 tons of ore per day.
The mining company claims to have issued multiple technical reports supporting the efficiency at the mine, including salt leach applications, open pit expansion on Don Gabriel and an underground development of Papomono Masivo commenced in December 2020.
The MTV mining jurisdiction also includes an optimized solvent extraction–electrowinning plant with superior capacity of 18500 tons per annum reportedly. The company has also partnered with Anglo American Marketing Limited and Kimura Capital LLP to explore and exploit the full potential of its properties.
Three Valley Copper Corp claims that copper as a natural resource has increasing sustainable trajectory but is undervalued presently. The company claims to meet the growing demand of copper in the near future through its MTV property.
Chile, the primary operational location, has a strong copper resources and mining friendly regulations, the Canadian company claims.