Kutcho Copper Corp. (TSXV: KC, OTCQX: KCCFF) Interview with Vince Sorace ✅ RICH TV LIVE – Kutcho Copper Corp is a Canadian resource development company. Its principal activity is the acquisition and exploration of resource properties. The company is focused on expanding and developing the Kutcho high-grade copper-zinc project in Northern British Columbia. #kutchocopper #vincesorace #richtvlive #trading #stocks #investing #money #win #pennystocks #miners #metals #education #money #news #business
Hi how you doing today i’m your host rich and we have rich tv live with our very special guest the ceo of cucho copper corp vince saracy how you doing today vince i’m doing great how are you i’m doing fantastic excited to have you on our show and i have a few questions that i wanted to ask you today to introduce cucho copper corp to our community the first
Question is kucho coppercorp is a canadian resource development company focused on expanding and developing the kucho high grade copper zig project can you tell us a little bit more about the company sure we we bought this project from capstone mining in late 2017 and we paid 29 million dollars for this um you know we we saw we were out looking for an advanced
Stage asset and what we saw in this project was a high grade high margin copper asset with relatively low capital requirements and and the potential to make it better and more valuable um and you know what’s important here is that this is this is an advanced stage asset it it already has over one billion pounds of copper equivalent uh already defined without
Without any more drilling required so in other words this is a development stage project um which has been significantly de-risked and is it is essentially on its way uh or on its path through permitting and a production decision there are there simply aren’t many of these types of projects uh around in the copper space right now uh and i think you know really
Important to note as well is that we are in a safe jurisdiction um we’re we’re situated in northern british columbia and canada uh one of the safest mining jurisdictions globally and we also have a number of producing mines um within the region for example pretium’s bruce jack and imperial metals red crisp project fantastic we love copper here at rich tv live
And we love early stage companies that have something special it sounds like you guys are on track to do something huge here why is copper mining so essential for the future and why should investors be paying attention you know copper copper has very traditional uses um you know infrastructure wires in the sky power grids you know electronics and appliances um
Transportation renewable generation um and you know that’s that’s always with us as the population continues to increase and a lot of these countries continue to build out this infrastructure so you know those were the the primary uses of copper um but what’s really come about in the last number of years is this we call it a green revolution and decarbonization
Uh which will be a major contributor to copper’s increased demand uh for example you know in the eevee industry and the renewable energy and technologies you know in electric vehicles for example um which is a a driving component of copper these days you know an ev would take up to say four times as much copper as your typical conventional car um and i think
You know to note is the copper industry itself is in a bit of a paradox right now we’ve seen miners costs increasing exponentially we see grade curves declining significantly very few minds coming online and these big big copper mines that feed a lot of this supply into the market they can take up to 20 years by the time they’re discovered and permitted and
Built so you know at this point um you know the stage is set for the future we have things like the us close to finalizing a multi-trillion dollar long-term economic program and and you see where their focus is it’s on infrastructure and these days that is more targeted towards the green economy so evs renewables charging stations these are all very copper
Intensive and you know post covid i think you’re gonna see more and more countries around the world you know spending money on things like infrastructure and targeted more towards these um these copper intensive type projects as uh they’re looking for job creation um coming out of the environment that we’re in so you know it’s um it’s it’s set up very well
From the demand side over the coming years um i think we’re gonna continue to have some supply side issues and you know what that ultimately translates into is better copper prices um you’ve also got calls out from some of the biggest uh banks and analysts out there from jp morgan’s goldman sachs and bank of america saying you know this is the next commodity
Super cycle and if they’re right copper prices should go higher i agree i agree with that i think the copper and i didn’t know this until i started really researching copper learning from companies like yourself that are in the copper sector copper is being used in so many areas so kucho copper is uniquely positioned and you just provided a progress report
On the feasibility study of its high grade copper zinc project can you tell us a little bit more about the results and how they will impact the project’s economics and also what is the upside potential of the near resource drill targets yeah the i think the most important part of the recent update is how we shifted the way we’re going to mine this project so
You know one of their one of the biggest lenses in in the sequence um is very near surface so we’ve shifted our philosophy from an underground mining methodology to an open pit mining methodology and what really what that means is the cost to mining comes down substantially when you open pit something um and you know from that perspective when you’re able
To lower costs um we expect that to translate into better overall project economics so you know how much money this project will make and what it’s worth if you will so that would be um you know i think the most pertinent part of the recent update and you know the results of that will be seen in our upcoming feasibility study which we’ll talk a little bit more
About in a bit um and as far as the upside potential goes you know we’ve got i i put this into two categories so we’ve got what we call more brownfields targets or near resource targets so where where our existing deposits already reside and where that you know one point over one billion pounds of copper already is um we see the expansion the potential to
Grow that even bigger um you know with with additional drilling um and you know we’ve got a good degree of confidence um we understand that trend of mineralization because it’s there um so it’s more of a predictive exercise we have historic drill holes and significant intercepts around these areas already that also increase our confidence about the continuation
Of this mineralization um you know and another another thing to note is you know there’s there’s three lenses if you will that comprise uh you know this resource well one of them um the sumac lens we call it um isn’t is approximately 10 million tons of mineralization that’s not that won’t be accounted for in this upcoming feasibility study um we just haven’t
Had the the time or the resources over the number of years to um to drill that out to get it into a more confident category to include in this feasibility study but it’s there um you know that’s almost one third of the resource of the project um and you know that’s valuable um you know what we think will happen there is that that will get tacked on to say mine
Life but there’s um definitely some inherent value there that won’t be reflected um in what you see in the upcoming fees um and you know in addition to that we’ve got these um we call them greenfield targets so pure exploration um this project existed for a while and there’s been literally no follow-up exploration since 1990 on a number of these greenfields
Type opportunities and we do have perspective geology it repeats and folds itself so the same geology that hosts the current deposits repeats and folds three times throughout our claims position um and we’ve got five or six targets there um that uh more excited to get back into the field too and test um you know important to know those who don’t know much about
Vms districts if you will they tend to grow uh you tend to find more uh of what you started with in this type of environment in these types of districts now the company has received significant funding from one of the world’s largest precious metals companies can you tell us a little bit more about this agreement and how it benefits kutchko yes um so back in
2017 when we completed um this acquisition wheat and precious metals um you know one of one of the largest streaming companies uh in the world um completed with us with what was in quantum uh about a hundred million dollar financing package um you know this included uh components of equity uh debt and development capital to build the project um so you know
Wheat and pressures have been great partners with us uh throughout this journey uh their involvement uh should also help investors feel comfortable regarding the viability of this project as they have one of the best technical teams out there and they understand what they’re investing now kucho also has continued to make headway in its negotiations with the
Tel-tan and casca dina nations which is extremely important including entering into economic participation agreement with negotiations with tal tan in july can you tell us why this was a crucial step forward in the kucho project yeah this is this is an extremely important this is extremely important for any project not just you know anywhere in the world um
These days to obtain that social license um and in this case it’s with our first nation communities here in bc um you know we’re lucky we’re in a region of bc where both tellta casca are both mining friendly first nations uh we’ve built exceptional relationships with both of them um you know and and we will continue to work with both uh these nations in a
Fair and respectful manner and i believe both the company and the communities will benefit from this project i really respect that i don’t think too many people understand the importance of having relationships with the people that are living around the lands that you’re drilling on that could be a game changer one way or the other with the company so i’m
Happy that you guys have those relationships now the cucho team brings decades of experience in mineral exploration capital markets finance among other industries who are the key members and what do they bring to the table yeah this is a good point because this team when we when we bought this asset and we put the new team in place uh for this asset um you
Know it was really tailor-made uh for this acquisition and advancing this asset you know from the capital markets experience to the technical expertise uh both on the board and the management team um to you know like i said uh acquire this and advance it through feasibility and permitting uh we’ve got board members such as stephen quinn who you know was the
Ceo of sherwood copper who used to own this asset um before merging with capstone back in the day um stephen knows this asset well and has always believed it would go into production uh we have people like bill bennett on the board he’s the xbc mines minister so a lot of good guidance from him uh that comes through the permitting aspects of this uh our technical
Team vast experience with working in these types of deposits in these types of settings and working through feasibility studies so you know an excellent team um to you know to help move this asset along its path now here at rich tv live we love to identify undervalued underappreciated underexposed companies before they explode what should investors watch out
For from kucho copper in the coming months well i’m going to bring that back to the coming weeks or week if you will um you know we will be releasing our feasibility study um and this is an extremely significant milestone in the life cycle of this asset and it is many assets um where it’s the it’s the i guess the document of highest confidence you know the
Feasibility study is what um you know companies make production decisions from and it’s what they can go out and raise hundreds of millions of dollars off of with the banks to build um excuse me this will you know showcase what the project is worth um and you know it’s um it’s again just the highest kind of call it the risk point in in in this project’s uh life
Cycle to date so you know it’s also a point where you know um the markets the capital markets where you know after my feasibility study it would open the door to things like analyst coverage uh we’ll be looking at a number of strategic initiatives from partners and partner financing maybe m a opportunities you know these are all value enhancement opportunities
Which i think will be sparked from um you know the completion and the release of the results of our feasibility study that sounds fantastic our community is filled with investors from all over the world specifically in three major markets where the market you can trade is in germany canada and the united states so for those investors that all over the world
That are going to watch this interview what is the best way for them to get in touch with the company if they have any questions or if they just want to speak to you directly if possible you know what this uh probably is visit our website um www.cucho.ca um you know we trade on the tsxv under the ticker symbol kc um and you know go through the website um we
You can send an inquiry in those come to me um and happy to answer and communicate with um you know shareholders and any questions they may have that sounds fantastic now i must remind everyone that rich tv live is strictly for information and education purposes please do your due diligence do your research before you invest in anything that we talk about or
Discuss here on rich tv live in saying that i think that this is a company that everybody should put on their radar everyone should put on their watch list cucho coppercorp you can see the symbol right here thank you for joining us today the ceo vince saracy thank you vince thanks for having me rich always a pleasure love to invite you back anytime you have
Big breaking news or anything you want to talk about love to invite you back here on rich tv live and for those of you that are watching if you’re not winning you’re not watching we bring you the winners and we bring them to you first thank you for watching everybody and have a nice day you
Transcribed from video
Kutcho Copper Corp. (TSXV: KC, OTCQX: KCCFF) Interview with Vince Sorace ✅ RICH TV LIVE By RICH TV LIVE
