Quetzal Copper (TSXV:Q) Investor Overview

Investor Insight

Quetzal Copper has a copper-focused exploration strategy and North American assets. The company is in an excellent position to capitalize on rising domestic copper demand, with a plan to play a key role in the critical minerals race.

Overview

Quetzal Copper (TSXV:Q) is a copper exploration company focused on three drill-ready copper projects in British Columbia, Canada: Princeton, Big Kidd and DOT. All three projects are situated in the copper-rich jurisdiction of British Columbia between the Highland Valley copper mine and the Copper Mountain mine. This is a highly prospective area that historically produced millions of pounds of copper.

All three BC projects are easily accessible by road and close to infrastructure. The area is mining-friendly as evidenced from the multiple active and retired mines in the region.

The company’s flagship is the Princeton copper project, which abuts the north side of the Copper Mountain mine property. The project had limited historical drilling. However, modern geophysics and soil samples identified prospective copper targets. Quetzal plans to begin drilling at the Princeton project in 2025. The company received its drill permit for four targets: Bud South, Knob Hill, Aura and Contact.

The Dot copper project is located just 25 km northwest of Merritt, B.C. Mining on the property goes back to 1887. The area hosts four significant target areas: the Northwest, Southeast, Copper and Lower Vimy Zones.

In 2010, Aurora Geosciences published a non-compliant historic resource estimate for the Dot project (calculated at $3 per pound of copper and $1,200 per ounce of gold). According to the report, Dot contains 6.5 million tonnes of indicated resources at 0.5 percent copper equivalent and 6.6 million tonnes at 0.38 percent copper equivalent.

In 2025, Quetzal Copper plans to evaluate that historic resource and follow up on the recommendations from the report. That includes drilling to connect existing mineralization and testing additional geophysical anomalies outside the known zones to expand the resource base.

The Big Kidd project is located approximately 20 km southeast of Merritt, BC. The project saw extensive drilling by previous operators including Xstrata. Quetzal geologists, along with Dr. Alan Wilson, reviewed all available core and compiled a new understanding of the geology.

In his 2024 report, Dr. Wilson laid out a series of field work recommendations for the project. He identified high-priority drill targets associated with chlorite-magnetite alteration. Due to the sulfide-poor nature of the system at Big Kidd, he believes that IP Chargeability geophysics should highlight targets.

The company’s focus on copper is attractive given current supply and demand dynamics.

The supply of copper is far more concentrated than oil. While…