Kutcho Copper (KC.V) has kicked off its 2026 summer drill program, aiming to complete 11 holes with two drill rigs to drill-test the Hamburger, Gap and Esso west targets. All holes will be accompanied by downhole EM surveys, to further follow up on these exploration targets, which were defined by a ZTEM survey. The three areas combined have a surface area of approximately 5 square kilometers, and the company seems to have high hopes.
CEO Sorace has gone on record to state that Kutcho’s goal is to double the size of the current resource, as the company is heading towards a construction decision. As a reminder, the project currently hosts 22.8 million tonnes at 2.3% copper-equivalent in the measured and indicated categories and an additional 12.9 million tonnes at 1.62% in the inferred resource categories. The equivalent grades are based on $5 copper, $1600 gold and $20 silver, so the equivalent grade using spot prices will be higher than in the feasibility study.
Disclosure: The author has a small long position in Kutcho Copper. This post is for educational purposes only; be mindful investing in junior mining stocks is risky and you may lose your entire investment if things go wrong. Please read the disclaimer.
