Gold and Copper Drill Targets to be Prioritized at Carube Copper’s Main Ridge Project in Jamaica
Ottawa, Ontario--(Newsfile Corp. - April 20, 2016) - Carube Copper Corp. (TSXV: CUC) announces that it has initiated exploration on its 100% owned Main Ridge Project in order to prioritize gold and copper drill targets. This exploration will focus on two very promising areas and will consist of detailed mapping, soil sampling, rock sampling and ground geophysics. The Main Ridge Gold Anomaly, defined by gold in soils, an airborne potassium anomaly and distinct structures, extends over 2...
2016-04-20 10:14 AM EDT
Carube Closes Private Placement
Ottawa, Ontario--(Newsfile Corp. - March 22, 2016) - Carube Copper Corp. (TSXV: CUC) is pleased to announce the closing of its non-brokered Private Placement financing (see particulars in December 08, 2015 Press Release) for gross proceeds of $302,500. Accordingly, the Company will issue 3,000,000 units (the "Units") at $0.08 per Unit for gross proceeds of $240,000 and a total of 625,000 flow-through common shares ("FT Shares") at $0.10 per FT Share for gross proceeds of $62,500 (including...
2016-03-22 9:00 AM EDT
Gold Target Identified at Carube Copper's Main Ridge Project
Ottawa, Ontario--(Newsfile Corp. - March 3, 2016) - Carube Copper Corp. (TSXV: CUC) announced today that during management's review and interpretation of recently flown airborne geophysics, soil sampling, chip sampling and historic data, they were able to confirm a highly prospective 2km long gold-focused target on its 100% owned 32 sq. km Main Ridge Project in Jamaica. Main Ridge has a similar geological setting to that of the Bellas Gate, where Carube Copper has OZ Minerals fully funding a...
2016-03-03 3:26 PM EST
Carube Copper Invitation to PDAC Booth 2711
Ottawa, Ontario--(Newsfile Corp. - March 2, 2016) - Carube Copper Corp. (TSXV: CUC) is in high spirits with regards to our two Joint Ventures and our 100% owned projects: two in Jamaica and three in British Columbia. Please drop by our booth for the latest exploration results on all seven projects. Enter to win a bottle of 12 year-old Appleton Estates Jamaican Rum or an award-winning Cabernet Sauvignon from British Columbia's Burrowing Owl Winery.
2016-03-02 2:14 PM EST
OZ Minerals Initiates Phase 1 Exploration Program at Carube Copper's Above Rocks Project
Ottawa, Ontario--(Newsfile Corp. - February 26, 2016) - Carube Copper Corp. (TSXV: CUC) announced today that its joint venture partner, OZ Minerals Limited, has approved the Phase 1 exploration program on Carube Copper’s 104 sq. km Above Rocks Project in Jamaica. The initial work program will consist of mapping, sampling and ground geophysics leading up to drilling a number of the high-priority target areas. Jeff Ackert, President & CEO of Carube Copper commented: “We are extremely pleased...
2016-02-26 10:06 AM EST
OZ Minerals Elects to Sole Fund Exploration to Completion of Feasibility Study at Carube Copper's Bellas Gate Joint Venture
Ottawa, Ontario--(Newsfile Corp. - February 10, 2016) - Carube Copper Corp. (TSXV: CUC) announced today that its joint venture partner, OZ Minerals Limited, has elected to sole fund Phase 5 expenditures on the Bellas Gate Project (BGP) in Jamaica. By funding Phase 5, which includes all work to the completion of a feasibility study, OZ Minerals will earn an additional 10% interest in the project. The initial work within the Phase 5 program will comprise close to 2,000 metres of drilling on...
2016-02-10 2:31 PM EST
$8.3M Exploration Program Successfully Completed at Carube Copper's Bellas Gate Project, Jamaica
Ottawa, Ontario--(Newsfile Corp. - January 11, 2016) - Carube Copper Corp. (TSXV: CUC) announced today that its joint venture partner, OZ Minerals Limited, has completed exploration expenditures of $5.4M to fulfill its obligations for Phase 4 of the Farm-In Joint Venture at the Bellas Gate Project (BGP) in Jamaica. The total exploration expenditures to date for all four phases total over $8.3M. OZ Minerals has also paid Carube Copper a total of $475,000 in staged payments. By completing Phase...
2016-01-11 10:17 AM EST
Carube Closes Private Placement of Flow-Through Shares at $0.10 per Share
Ottawa, Ontario--(Newsfile Corp. - December 31, 2015) - Carube Copper Corp. (TSXV: CUC) (the "Company") announced today that it has closed the calendar 2015 portion of the Flow Through Share Offering to existing shareholders as announced on December 8, 2015. The Company received a total of $42,500 in subscriptions and will therefore issue a total of 425,000 shares to subscribers. Each share will be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (the "Tax...
2015-12-31 3:37 PM EST
Large Magnetic Body Identified Below Copper Mineralization on Carube Copper's Bornite Trend
Ottawa, Ontario--(Newsfile Corp. - December 15, 2015) - Carube Copper Corp. (TSXV: CUC) reports that results of a high resolution airborne magnetic and radiometric survey on its 100% owned Mackenzie Copper Project in southwestern British Columbia have identified a large magnetic target below the surface copper-magnetite mineralization on the western part of the property. The survey covered a 57 square kilometre area over the Bornite Trend mineralization, a 7.5 kilometre long trend of...
2015-12-15 1:54 PM EST
Carube Announces Private Placement Offering to Existing Shareholders and Other Investors
Ottawa, Ontario--(Newsfile Corp. - December 8, 2015) - Carube Copper Corp. (TSXV: CUC) (the "Company") announces today that it intends, subject to TSX Venture Exchange ("TSXV") acceptance, to raise an aggregate of $440,000 by way of a non-brokered private placement (the "Offerings") of up to 3,000,000 units of the Company (the "Units") at a price of $0.08 per Unit (the "Unit Offering") and up to 2,000,000 flow-through common shares in the capital of the Company ("FT Shares") at a price of...
2015-12-08 1:15 PM EST
OZ Minerals Initiates Second Joint Venture with Carube Copper Corp; Must Spend $6.5M to Earn 70% at Above Rocks, Jamaica
Ottawa, Ontario--(Newsfile Corp. - December 7, 2015) - Carube Copper Corp. (TSXV: CUC) announced today that OZ Minerals Limited (ASX: OZL) has elected to proceed with a farm-in joint venture on Carube Copper's Above Rocks Project in Jamaica. This is OZ Mineral's second joint venture with Carube Copper in Jamaica, where OZ Minerals has been sole funding a $6.5 million exploration program on the Bellas Gate Project over the past two years. Terms of the Above Rocks Farm-in Joint Venture...
2015-12-07 12:00 PM EST
Large Chargeability Anomaly Defined at Carube Copper's Rogers Creek Copper Project, BC
Ottawa, Ontario--(Newsfile Corp. - November 30, 2015) - Carube Copper Corp. (TSXV: CUC) reports that a large chargeability anomaly has been delineated from the results of a recently completed Induced Polarization ("IP") survey on its 100% owned Rogers Creek Copper Project in southwestern British Columbia. The chargeability anomaly is immediately north of a previously defined mineralized area and also adjacent to two diamond drill holes which intersected elevated copper values in a structure...
2015-11-30 11:46 AM EST
Significant Copper Mineralization Reported from Recent Drilling at the Bellas Gate Joint Venture in Jamaica
Ottawa, Ontario--(Newsfile Corp. - October 26, 2015) - Carube Copper Corp. (TSXV: CUC) is pleased to announce recent drill results from the Bellas Gate Joint Venture in Jamaica. The $3.6 million 2015 exploration program operated by joint venture partner OZ Minerals Limited (ASX: OZL) at Bellas Gate is near completion with the remainder of drill results expected before year-end. The objective of the 2015 program is to evaluate the original 14 high-priority targets that were identified in late...
2015-10-26 11:28 AM EDT
Carube Copper and OZ Minerals Sign Definitive Farm-in Joint Venture Agreement Covering Three Jamaican Projects
Ottawa, Ontario--(Newsfile Corp. - September 29, 2015) - Carube Copper Corp. (TSXV: CUC) announced today that it has signed a definitive joint venture agreement with a wholly owned subsidiary of OZ Minerals Limited (ASX: OLZ) an Australian copper miner with a market cap of approximately $1B. The farm-in agreement sets out the terms and conditions under which OZ Minerals can earn an interest in each of the projects, OZ Minerals has until December 20, 2015 to elect which projects it wants to...
2015-09-29 1:15 PM EDT
Carube Copper Settles Debt at $0.17 a Share
Ottawa, Ontario--(Newsfile Corp. - September 28, 2015) - Carube Copper Corp. (TSXV: CUC) (the "Company") reports that pursuant to the approval of the TSX Venture Exchange it has issued 605,882 common shares at $0.17 per share to settle outstanding debt of $103,000 to certain officers and directors of the company. The shares are subject to a four month hold period expiring January 26, 2016. Carube Copper continues to enhance its successful strategy of joint venturing its properties to large...
2015-09-28 3:39 PM EDT
Carube Copper Completes Airborne Geophysics on Mackenzie Project in Southwest British Columbia
Carp, Ontario--(Newsfile Corp. - September 8, 2015) - Carube Copper Corp. (TSXV: CUC) ("Carube") announced today that it has completed an airborne magnetic and radiometric survey on its 100% owned Mackenzie property in southwestern British Columbia. The 216 square kilometre project is located immediately southeast of Amarc Resources Ltd.'s ("Amarc") IKE project, which is the subject of the recently announced joint venture with Thompson Creek Metals Company Inc. ("Thompson Creek"). The survey...
2015-09-08 2:50 PM EDT
Carube Copper Annual Meeting
Carp, Ontario--(Newsfile Corp. - August 7, 2015) - Carube Copper Corp. (TSXV: CUC) (the "Company" or "Carube") is pleased to announce today that the annual and special meeting of shareholders for the 2014 fiscal year will be held on Thursday, September 17, 2015 at 4:00 p.m. (Eastern Daylight Time) at 3790 Carp Road, Carp, Ontario, for shareholders of record as of August 7, 2015 (the "Meeting"). The Company will update shareholders on recent exploration results from the ongoing $3.6M program...
2015-08-07 2:59 PM EDT
Airborne Geophysics Completed over Two More Carube Copper Corp Jamaican Licences
Carp, Ontario--(Newsfile Corp. - July 27, 2015) - Carube Copper Corp. (TSXV: CUC), (the "Company" or "Carube Copper") is pleased to announce that OZ Minerals Limited ("OZ Minerals") has received the final data set from a recently completed airborne magnetic and radiometric geophysical survey over Carube Copper's 100% owned Main Ridge and Hungry Gully Special Exclusive Prospecting Licences ("licences"). OZ Minerals now has the right to option one or more of three projects as set forth below....
2015-07-27 2:14 PM EDT
Exploration Update: Carube Copper - OZ Minerals' Bellas Gate Joint Venture in Jamaica
Carp, Ontario--(Newsfile Corp. - July 22, 2015) - Carube Copper Corp. (the “Company” or “Carube Copper”), (TSX-V: CUC), is pleased to provide an update on exploration at the Bellas Gate Joint Venture (“BGJV”) in Jamaica. The $3.6 million 2015 exploration program funded by joint venture partner OZ Minerals Limited (“OZ Minerals’”) is now well underway with two drills working as of June 30 to provide an initial assessment of the potential for copper and gold resources of numerous copper...
2015-07-22 2:52 PM EDT
Carube Copper Corp. Announces Recent Appointments of Officers and Support Agreements
Carp, Ontario--(Newsfile Corp. - July 16, 2015) - Carube Copper Corp. (TSXV: CUC), (the "Company" or "Carube Copper"), is pleased to announce the recent appointment of the following senior officers: Vern Rampton, Ph. D., P. Eng., President & CEO Jeffrey Ackert, BSc. (Geology), Vice-President Exploration John McNeice, CA, CPA, Chief Financial Officer Chris Irwin, B.A., LLB., Corporate Secretary. The aforementioned parties currently occupy the same positions in Carube Copper's wholly owned...
2015-07-16 1:26 PM EDT