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Sherwood Copper Corp Profile

Sherwood Copper Corp. (SWC:TSXV) is a public company whose primary focus is the profitable production and development of high grade, open pit base and precious metals mines in Canada. Sherwood's first operating mine, the high grade Minto copper-gold mine in the Yukon, Canada, was built on budget and ahead of schedule. Commercial production of the Minto Mine commenced on October 1, 2007 with regular shipments of copper-gold concentrates from the Port of Skagway, Alaska commencing later that same month. The Minto Mine provides a unique investment opportunity: participation in a fully permitted, operating, high-grade, low cost, open pit copper-gold mine located in Canada with tremendous exploration potential on the 100% owned Minto property.

In February 2008, Sherwood acquired 93% ownership in Western Keltic Mines, owner of the high grade Kutcho copper-zinc-gold-silver deposit in northwestern British Columbia and is taking steps to increase its ownership to 100% of Western Keltic. The Kutcho Creek deposit significantly increases Sherwood's resource base and the project is currently being advanced towards a production decision. In addition to an infill drill program designed to upgrade the current resource, feasibility and permitting related work is underway with the objective of defining a robust, near term, low cost, open pit mining operation.

Last changed at 28-Nov-2008 05:23AM by Red Mars