Copper Project Update
15th May 2024
As part of our long-term strategy, in addition to our planned US Reverse Merger, we are moving towards expanding into the thriving Copper industry. Presently, we are actively scouting for two suitable locations to establish secure delivery and storage facilities.
These facilities will play a pivotal role in our ore stream supply chain. Typically, mineral suppliers endure extensive travel to have their goods evaluated and purchased, often facing delays of up to 21 days. Our prior experiences underscore the significant impact of reducing both distance and assessment time on customer satisfaction. By leveraging cutting-edge laboratory equipment such as the Atomic Absorption Spectrophotometer, renowned for its remarkable accuracy and ability to deliver results within a minute as opposed to the conventional 72 hours, we aim to enhance customer experience and operational efficiency.
Our first designated site, located in Chala, adjacent to our gold processing plant, has received approval from local authorities, thanks to the commendable efforts of our colleagues at Chaparra Resources. Initial remedial earthworks have commenced to establish boundaries and access roads.
While the second site in the Nazca region is still under assessment, we look forward to sharing further details soon.
For any inquiries, please feel free to reach out to me at gp@saracenpro.com.
G Potter
President
