CopperCorp Resources Inc. Discovers Untested EM Anomaly at Jasper Hills
CopperCorp Resources Inc., a materials sector company based in Vancouver, Canada, has announced a significant discovery at its Jasper Hills prospect in western Tasmania, Australia. The company, which specializes in exploration and mining services with a focus on copper projects, has identified a large electromagnetic (EM) anomaly beneath the historical copper-gold mine at Jasper Hills.
Discovery Details
The discovery was made through the reprocessing and modeling of historical airborne Versatile Time-Domain Electromagnetic (VTEM) data, combined with legacy downhole EM surveys. This analysis revealed a southwest-dipping bedrock conductor located beneath the Old Jasper historical mine workings. The conductor is consistent with previously reported high-grade copper-gold mineralization, suggesting the potential for further valuable deposits.
Significance of the Find
The modeled VTEM anomaly defines a 1-kilometer long conductor extending beneath the historical mine site. This finding is particularly significant as it aligns with the interpreted geological structures that could host additional mineralization. The anomaly’s location and characteristics provide a promising target for future drilling and exploration activities.
Company Overview
CopperCorp Resources Inc. is listed on the TSX Venture Exchange and trades under the ticker symbol CPER. As of June 12, 2025, the company’s close price was CAD 0.09, with a market capitalization of CAD 7,510,000. The company’s 52-week high was CAD 0.265, and its low was CAD 0.045.
Future Prospects
The discovery at Jasper Hills represents a potential boost for CopperCorp Resources Inc., as it opens up new opportunities for exploration and development within its 100%-owned AMC Project. The company plans to further investigate the anomaly through targeted drilling, which could lead to the expansion of its resource base and enhance its position in the copper sector.
This announcement was reported by multiple sources, including CEO.ca, OTC Markets, and Minenportal.de, highlighting the significance of the discovery in the mining community.