Prix MAC Copper Ltd (MTAL)

MAC Copper Ltd. is a mineral exploration company, which focuses on exploration and development of copper metal. The firm operates the CSA Copper Mine, which is located less than 1,000 kilometers west-northwest of Sydney near the town of Cobar in western New South Wales, Australia. The firm holds a consolidated mining lease, CML5, over the CSA deposit, which is supplemented by its mining purpose leases, MPL 1093 and MPL 1094. The CSA Copper Mine is surrounded by three exploration licenses, EL5693, EL5983 and EL9587. CML5 covers an area of approximately 2,474 hectares (ha), the MPLs total approximately 30 ha, while the surrounding exploration tenements (EL5693, EL5983 and EL9587) cover approximately 504 square kilometers (km2). Additionally, it holds four exploration licenses within the Cobar Basin covering approximately 252 km2, bringing the total landholding to approximately 756 km2.