Highland Copper Company Inc. is a development-stage copper company. Highland's projects are located in the Upper Peninsula of Michigan, U.S.A., a well-established mine-friendly jurisdiction with over 150 years of copper mining history. During its productive period, from 1845 to 1995, the copper range district produced in excess of 15 billion pounds of copper.
Highland’s flagship project is the 100%-owned Copperwood Project for which Highland has completed a feasibility study reporting Proven and Probable Reserves of 25.4 M tonnes @ 1.43% Cu and 3.83 g/t Ag, containing 801.8 M lbs of copper and 3.1 M oz of silver. Highland has received all permits required to begin mine construction.
Highland also owns the White Pine North Project located adjacent to the former White Pine mine that produced 4.5Bn lbs of copper over 43 years. Highland has completed a preliminary economic assessment which provides a base case assessment of the project using a copper price of $3.00/lb and a silver price of $16.00/oz. Total Indicated Mineral Resources were estimated at 133.4 M tonnes grading an average of 1.07% Cu and 14.9 g/t Ag, containing 3.2 billion pounds of copper and 63.8 million ounces of silver using a cut-off grade of 0.9% Cu for the Parting Shale column only. Inferred Mineral Resources were estimated at 97.2 M tonnes grading an average of 1.03% Cu and 8.7 g/t Ag, containing 2.2 billion pounds of copper and 27.2 million ounces of silver using a cut-off grade of 0.9% Cu.