Drolet Stock Notes on Doré Copper Mining: Leading Copper-Gold explorer with advanced stage projects in the Chibougamau-Chapais mining camp in Quebec
Mario Drolet, President of MI3 Communications Financières Inc. (MI3), released his Drolet Stock Notes on Doré Copper Mining Corp. (TSXV: DCMC | OTCQB: DRCMF) (“DCMC”) on November 20, 2020 for exclusive distribution on InvestorIntel. Highlights include:
- Located in the prolific Chibougama-Chapais mining camp, Doré Copper is one of Canada’s premier, under-valued, near-term re-development opportunities in mine-friendly Quebec.
- A rare copper focused developer with existing infrastructure and significant gold by-product credit.
- 35,000 meters exploration program planned for 2020 and early 2021 leading to a PEA in 2021.
- DCMC had their best day of volume on November 18th with 568,000 shares traded.
- Support: S2; $ 0.60- S1; $ 0.68 Resistance: R1; $0.72 – R2; $0.77
“We estimate DCMC to be definitely on the radar because of the undervalued situation. Our first estimated target for June 2021 is $3.00 per share”. Please do your due diligence.
About Doré Copper Mining Corp.
Doré Copper Mining Corp. is a copper-gold explorer and developer in the Chibougamau area of Québec, Canada. Doré Copper has consolidated a large land package in the prolific Lac Doré/Chibougamau mining camp that has produced 1.6 B lbs of copper and 3.2 M oz of gold. In addition, the Company has optioned the high-grade Joe Mann gold mine (production 1.17 M oz at 8.26 g/t Au). The land package includes 12 former producing mines, deposits and resource target areas within a 60-kilometre radius of the Company’s 2,700 tpd mill (Copper Rand Mill).
The Company’s objective is to create a profitable hub-and-spoke operation with its high-grade copper-gold assets. The Company’s current focus is to grow mineral resources and sequentially re-develop the high-grade Corner Bay (Cu-Au), Cedar Bay (Au-Cu), Joe Mann (Au), and Copper Rand (Au-Cu) deposits. The Company’s ongoing fully-funded 35,000-metre drilling program for 2020 and early 2021 is expected to lead to an updated mineral resource estimate and a Preliminary Economic Assessment (PEA) in 2021.
To date, the Company has completed 20,000 metres of drilling at both Corner Bay and Cedar Bay with positive results and has started to drill a number of high-grade gold targets at the former Joe Mann mine.
PLEASE DO YOUR DUE DILIGENCE
Disclaimer: This Mario Drolet Stock Notes are produced by MI³ Communications Financières is neither an offer to sell, nor the solicitation of an offer to buy any of the securities discussed therein. The information contained is prepared by MI3, emanating from sources deemed to be reliable. MI3 Communications Financières makes no representations or warranties with respect to the accuracy, correctness or completeness of such information. MI³ Communications Financières accepts no liability whatsoever for any loss arising from the use of the information contained therein. Please take note that for compliance purposes, all directors, consultants or employees of MI3 Communications Financières are prohibited from trading the securities of the company and MI3 Communications Financières is a shareholder and do not intend to sell any shares during the distribution of this report.
Mario has over 25 years in financial market and he is passionate about Finance. He worked on the floor of the Montreal Exchange on his ... <Read more about Mario Drolet>