Highland Copper
Longueuil
About Highland Copper
Highland Copper Company is a Canadian copper development company focused on advancing sediment-hosted copper projects in the Copper Range District of the Upper Peninsula of Michigan, U.S.A. The Copper Range district is well known for hosting significant concentrations of copper and silver in numerous deposits. During its productive period, from 1845 to 1995, the area produced in excess of 15 billion pounds of copper. Highland's projects include the 100%-owned and permitted Copperwood project. With the completion of a $30 million private placement financing in March 2017, Highland Copper is well-financed to update the feasibility study on its Copperwood project and complete the acquisition of the White Pine Project. Highland also has an option to acquire a 65% interest in the Keweenaw Project. Mineral resource estimates have been published for the Copperwood and Keweenaw deposits. In May 2017, Highland acquired from subsidiaries of the Rio Tinto Group all of their mineral properties covering approximately 448,000 acres in the Upper Peninsula of the State of Michigan (the “UPX Properties”). The land package, which for many of the targeted commodities is under-explored, covers the extension into Michigan of the Wawa-Abitibi geological Subprovince, which is part of the Superior Province of the Canadian Shield. The Superior Province is a geologically distinct Archean (>2.5 billion years old) province that is well known for its mineral endowment. The acquisition of the UPX Properties establishes Highland as a dominant mining exploration and development company in the Upper Peninsula of Michigan and offers the opportunity to build a pipeline of projects that could be developed in the future.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Public
- Employees: 11 – 50
- Estimated revenue: $1K – $10K
- Total funding: $70.0M
- Funding stage: M&A
- Last round: Grant (Mar 2024)
- Ticker: cve:HI
- Website: highlandcopper.com
- Phone: +1.450.677.2455
Industries & Categories
Mining
Social Profiles
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