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Last €0.01 EUR
Change Today -0.001 / -7.14%
Volume 0.0
AQP On Other Exchanges
As of 8:38 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

aqm copper inc (AQP) Snapshot

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09/8/14 - €0.07
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aqm copper inc (AQP) Details

AQM Copper Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in South America. It holds an interest in the Zafranal project, a copper-gold porphyry project covering 42,252 hectares of mining rights in Southern Peru. The company was formerly known as Apoquindo Minerals Inc. and changed its name to AQM Copper Inc. in June 2010. AQM Copper Inc. was incorporated in 2005 and is based in Toronto, Canada.

Founded in 2005

aqm copper inc (AQP) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$300.4K
Chief Financial Officer
Total Annual Compensation: C$170.0K
Compensation as of Fiscal Year 2014.

aqm copper inc (AQP) Key Developments

Aqm Copper Inc. Announces Results from Drilling Program of Zafranal Cu-Au Project Located in Southern Peru

AQM Copper Inc. announced results from its Preliminary Feasibility Study (PFS) drilling program at its 30% owned Zafranal Cu-Au Project located in southern Peru. The initial stage of the program was aimed at upgrading the resource category, from Inferred to Indicated, for oxide and mixed portions of the Project's mineral resource as well as better defining the peripheral limits of mineralization. The program was carried out between September 2014 and January 2015 as part of the ongoing Pre-Feasibility work program fully funded by the Project partners. As part of the program to ensure the quality of the mineral resource for the PFS a total of 83,934 metres of drill core have been re-logged under the supervision of Politax S.A., in association with GeoSystems International Inc. who have been contracted to model the mineral resource for the Zafranal PFS. In addition, Politax has developed alteration and lithology models for the Main Zone and Victoria deposits and Atticus S.A.C. has been retained to develop the geological model for the resource calculation of these deposits. A mineral reserve estimate will be completed to support the preliminary feasibility study and that the economic results will be based upon this mineral reserve estimate. The second phase of drilling that has also recently been completed focused on providing additional samples for metallurgical flotation and leaching test work. A total of 2,295 metres of HQ and 2671 metres of PQ-sized drilling have been completed and samples selected for test work.

AQM Copper Inc. Announces Auditors Changes

AQM Copper Inc. announced that it has changed its auditors from Davidson & Company, LLP to Grant Thornton LLP effective December 18, 2014. At the request of the company, the Former Auditors resigned as auditors of the company effective December 15, 2014. The Board of Directors has appointed the Successor Auditors as the company's auditors in place and stead of the Former Auditors effective December 18, 2014 until the close of the next annual general meeting of the Company.

AQM Copper Inc. Announces the Start of the Zafranal Pre-Feasibility Study Drilling Program

AQM Copper Inc. announced that it has initiated a $12 Million Pre-feasibility Study (PFS) Drilling Program on its 30% owned Zafranal Project. The Drilling Program is part of a $30 Million PFS, which was approved by the Joint Venture Partners of Compañia Minera Zafranal (CMZ). The Zafranal copper - gold project is located in southern Peru approximately 90 kms northwest from the city of Arequipa. In addition, the Company will carry out a formal Environmental and Social Baseline Study and other engineering and environmental studies that will be required for the eventual preparation of an Environmental Impact Assessment for the Project. The PFS is planned for completion by early 2016, with an associated peak workforce of approximately 240 employees and contractors.


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Price/Sales 5.7x
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