American Copper Development Corp. reports it has received and accepted the resignations of its Chairman and Director Rick van Nieuwenhuyse and Curtis Freeman effective Dec 17, 2024. The board of directors have appointed Michael Murphy as interim Chairman and Director. Daniel Schieber, director of the board, commented: "Rick and Curt have played a [...]
American Copper Development Corp. reports that it has appointed Marcio Fonseca, P.Geo as an independent board member to its board of directors effective immediately. Marcio Fonseca is a highly regarded mining executive with an M.Sc. in Mineral Project Appraisal from the Imperial College, UK and a Specialization in Economic Engineering . Mr. Fonseca [...]
American Copper Development Corp. reports that it has renegotiated the terms with Waterton Nevada Splitter LLC for the purchase of the Lordsburg Property. The Company now has reduced its liabilities to Waterton from CAD$5,000,000 to CAD$400,000 due by August 2025. In consideration of the new terms, Waterton Nevada Splitter LLC has been paid [...]
American Copper Development Corp. is pleased to provide assay results from six diamond drill holes totaling 4,661m recently completed at the Lordsburg Project. Highlights Include: AC23-006 intersected 44m of 1.00% CuEq* including, 18m of 2.13% CuEq, 14m of 2.75% CuEq, and 3.0m of 11.35% CuEq - Figure 1; AC23-005 intersected 9.9m of 0.52% CuEq [...]
American Copper Development Corp. announces that it has completed its maiden drilling campaign at its 100% owned Lordsburg Project, New Mexico. A total of 6 drill holes were completed for a total of 4,662m . Final analytical results are pending and expected to be completed within the next 3-4 weeks. The Company has also completed a claim staking [...]
American Copper Development Corp. is pleased to announce that it has received all required exploration permits from the Bureau of Land Management and the New Mexico Mining and Minerals Division to initiate a maiden 5,000-meter diamond drill program to explore for porphyry copper mineralization at its 100% owned Lordsburg Property located in [...]
American Copper Development Corp. announces that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company . DTC eligibility simplifies the process of trading and can enhance liquidity of ACDX's shares in the United States. The Company's shares recently began trading on the [...]
American Copper Development Corp. is pleased to announce that it has entered into a mineral property option agreement with Pacific Ridge Exploration Ltd. and Ronald Bilquist which amends and restates the original mineral property agreement between the Company and Mr. Bilquist dated February 10, 2020 whereby, among other things, Mr. Bilquist [...]
American Copper Development Corp. is pleased to announce that effective February 2, 2023, the Company's common shares will commence trading on the OTCQB Venture Market in the United States, under the symbol "ACDXF". The OTCQB is a U.S. trading platform that is operated by the OTC Markets Group in New York and is the premiere marketplace for growth [...]
American Copper Development Corp. is pleased to report preliminary results from a 134 line-km 3D Titan 160 DC resistivity/induced polarization and Magnetotellurics survey. The survey was completed across 16 lines by Quantec Geoscience over the Company's flagship Lordsburg property in southwestern New Mexico . The purpose of the survey is to provide [...]
American Copper Development Corp. announces the appointment of Mr. Tom Peregoodoff as Director, effective November 1st, 2022. Rick Van Nieuwenhuyse, Chairman of the board, comments: "We are thrilled to have Tom and his vast technical and executive experience join our board. Tom's experience includes value-add roles with Pretium , BHP, Peregrine [...]
American Copper Development Corp. reports that, pursuant to the Company's 2021 Incentive Stock Option Plan, the Company has granted incentive stock options to directors, officers, employees and consultants of the Company to purchase up to 4,200,000 common shares in the capital stock of the Company. The options are exercisable on or before September [...]