Copper Reef Mining Corporation is a Canadian junior mineral exploration company with a specific focus on mineral properties in Northwest Manitoba and Northeast Saskatchewan, Canada. All of the Company's properties are currently at the exploration stage. The Company has no long-term debt and has assembled a portfolio of base metal and precious metal prospects, including strategic locations in the Flin Flon Greenstone belt in the Provinces of Manitoba and Saskatchewan.
Copper Reef Mining Corporation has an underlying royalty of $0.75/t from the McIlvenna Bay Deposit (currently with estimated resource estimate of 22.95 million tonnes in the indicated category and a further 11.15 million tonnes in the inferred category, both at a $60 (U.S.) per tonne NSR cut-off) and a 2% NSR on Foran's two-million-ton Bigstone copper deposit and the Balsam deposit as well as other small properties.
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Flin Flon, Manitoba, May 1, 2020 – Copper Reef Mining Corporation (“Copper Reef” or the “