Kutcho Copper shares jump 16% on improved met test results

Kutcho Copper Corp. (TSXV: KC) announced on Wednesday results of ongoing metallurgical testing on its Kutcho copper-zinc in British Columbia. The test program is part of the work completed or underway designed to support a feasibility study for the project.

Recoveries of copper and zinc from concentrate — up to 92.3% and 84.2% respectively — have improved significantly over the prefeasibility study (PFS) released in 2017.

Shares of Kutcho Copper jumped by 16% to a three-month high of C$0.23 on the new test results. The company’s market capitalization stands at C$15 million.

The Kutcho property, located about 100 km east of Dease Lake in the Liard mining division of northern BC, consists of one mining lease and 46 mineral exploration claims covering an area of approximately 17,060 hectares.

Click here to continue reading...

Subscribe to the RSD email list and get the latest resource stock activity directly to your inbox, for free.

Part of the Stock Digest family of websites

Small Cap Stock Digest

MARKET SUMMARY

INDICES

Name Last Change
DOW 26950.00 0.06%
S&P 500 2991.78 0.01%
NASDAQ 8112.46 0.06%
TSX 16867.20 0.19%
TSX-V 589.98 0.00%

Resource Commodities

Name Last Change
Gold 1523.24 0.17%
Silver 18.65 0.21%
Copper 2.61 2.612
Platinum 901.00 0.67%
Oil 58.64 0.94%
Natural Gas 2.53 0.28%
Uranium 25.53 0.59%

@RSDigest ON TWITTER