Castillo Copper (ASX: CCZ) unveils its suite of Australian cobalt, copper, zinc, nickel projects in NSW and QLD and its strategy.
With base metals prices reaching multi-year highs and further investment from Australian investment banks, Morgan Stanley and CitiGroup, Australian mining company, Castillo Copper (ASX:CCZ) says is positioned perfectly to supply to the market.
Castillo Copper has four highly prospective JORC compliant resources, with cobalt, copper, zinc, nickel projects across New South Wales (Jackaderry Project and Broken Hill) and Queensland (Mount Oxide and Malborough Project).
One of its key assets, was discovered a copper mine on in NSW (the Jackaderry Project). It has untapped working sections, along with supergene ore, which can be shipped directly to end-users.
The deposits of supergene ore have been identified with about 35 per cent copper and 10 per cent zinc at Cangi (in NSW), which puts the miner at a clear advantage above its peers.