{"id":8494,"date":"2026-05-22T14:37:48","date_gmt":"2026-05-22T18:37:48","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=8494"},"modified":"2026-05-22T14:55:23","modified_gmt":"2026-05-22T18:55:23","slug":"nia-announces-new-high-grade-us-copper-stock-suggestion","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/nia-announces-new-high-grade-us-copper-stock-suggestion\/","title":{"rendered":"NIA Announces New High-Grade U.S. Copper Stock Suggestion"},"content":{"rendered":"\n
\n

NIA is excited to announce a brand-new high-grade<\/span> U.S. copper<\/span> stock suggestion<\/span><\/strong>: Ameriwest Critical Metals (CSE: AWCM)<\/strong>, currently $0.40 per share<\/strong>.<\/p>\n\n

When $33.77 billion<\/span> market cap gold miner<\/span><\/strong> Kinross Gold (KGC)<\/strong> first went public in 1993, the company was formed through a strategic three-way merger of Plexus Resources<\/strong>, CMP Resources<\/strong>, and 1021105 Ontario Corp<\/strong> (a numbered company jointly owned by Placer Dome<\/strong> and Dundee Bancorp<\/strong>). Its initial leadership came from Dundee Bancorp<\/strong> and Plexus Resources<\/strong>, with Dundee's Robert M. Buchan<\/strong> becoming Kinross Chairman and CEO<\/strong> and Plexus Resources' Arthur Ditto<\/strong> becoming Kinross President and COO<\/strong>.<\/p>\n\n

Plexus Resources<\/strong> owned two main assets<\/strong><\/span>:<\/p>\n\n

1) A 24% interest<\/strong><\/span> and 2.45% NSR royalty<\/strong><\/span> in the Denton-Rawhide Mine<\/strong> in Nevada that was brought into production<\/strong><\/span> in 1990 by its 51% owner<\/strong>, Kennecott Minerals Company<\/strong>. Kinross<\/strong> later increased its stake<\/strong><\/span> in the Denton-Rawhide Mine<\/strong> to 49%<\/strong>, which operated through 2003 while producing<\/strong><\/span> a total of 1.6 million ounces of gold<\/span><\/strong> and 13.5 million ounces of silver<\/span><\/strong>.<\/p>\n\n

2) A 100% interest<\/strong><\/span> in the Bornite Project<\/strong> in Oregon, a high-grade<\/strong><\/span> copper<\/span><\/strong>, gold<\/span><\/strong>, and silver<\/span><\/strong> development project located in the Willamette National Forest in Marion County about 50 miles east of Salem.<\/p>\n\n

Prior to Plexus Resources merging<\/span><\/strong> with CMP Resources<\/strong> and 1021105 Ontario Corp<\/strong> in 1993 to form Kinross Gold (KGC)<\/strong>, which has become one of the world's<\/span> Top 10 largest producing<\/span> gold<\/span> miners<\/strong> in terms of both annual gold<\/span> production<\/span><\/strong> and market cap<\/strong>, Plexus Resources<\/strong> in the early 1990s was focused on advancing the high-grade<\/strong><\/span> Bornite Project<\/strong> toward production<\/strong><\/span>.<\/p>\n\n

Plexus Resources gained ownership<\/span><\/strong> of the high-grade<\/span> Bornite Project<\/strong> in 1989 from Cyprus Minerals<\/strong>, prior to Cyprus<\/strong> being acquired for US$1.8 billion<\/strong><\/span> in late-1999 by Phelps Dodge<\/strong>. Phelps Dodge<\/strong> itself was acquired for US$25.9 billion<\/strong><\/span> in 2007 by Freeport-McMoRan<\/strong> to form the world's<\/span> largest<\/span> copper<\/span> producer<\/span><\/strong>.<\/p>\n\n

Plexus Resources acquired<\/span><\/strong> the high-grade<\/span> Bornite Project<\/strong> from Cyprus Minerals<\/strong> by giving<\/strong><\/span> to Cyprus<\/strong> its Lyon copper<\/span> assets<\/strong> in Yerington, Nevada, which were later developed<\/strong><\/span> into the Pumpkin Hollow copper<\/span> mine<\/strong>.<\/p>\n\n

Cyprus<\/strong> completed 23,142 ft of drilling<\/strong> at the high-grade<\/span> Bornite Project<\/strong> between 1975 and 1988, and Plexus<\/strong> completed 16,419 ft of drilling<\/strong> at the high-grade<\/span> Bornite Project<\/strong> in 1989 and 1990.<\/p>\n\n

Plexus<\/strong> quantified a historical non-NI 43-101 resource at Bornite<\/strong> of 3.2 million tons at 2.2% copper<\/span>, 0.017 opt gold<\/span>, and 0.54 opt silver<\/span><\/strong>, containing 138.5 million lbs of copper<\/span><\/strong>, 54,000 oz of gold<\/span><\/strong>, and 1.7 million oz of silver<\/span><\/strong> at a 0.5% Cu cut-off grade.<\/p>\n\n

Ameriwest Critical Metals (CSE: AWCM)<\/strong> recently gained 100% ownership<\/strong><\/span> of the high-grade<\/span> copper<\/span>, gold<\/span>, and silver<\/span> Bornite Project<\/strong> in Oregon.<\/p>\n\n

AWCM<\/strong> has the drill core<\/strong> and drilling data<\/strong> from prior operators and recently completed a 3D geological model<\/strong><\/span> with APEX Geoscience to define drill targets<\/span><\/strong>. The short-term goal is to upgrade historic data<\/span><\/strong> to modern NI 43-101 standards<\/span><\/strong> and assess feasibility<\/strong><\/span> for a 1,000-ton-per-day underground mine<\/strong>.<\/p>\n\n

NIA will release full details<\/span><\/strong> on AWCM<\/strong> and its Bornite Project<\/strong> on Memorial Day!<\/p>\n\n

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA's President has purchased 240,000 shares of AWCM in a private placement and owns 240,000 AWCM warrants to buy more shares. NIA is receiving compensation from AWCM of US$100,000 cash for a twelve-month marketing contract. This message is meant for informational and educational purposes only. <\/span> <\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

NIA is excited to announce a brand-new high-grade U.S. copper stock suggestion: Ameriwest Critical Metals (CSE: AWCM), currently $0.40 per share. When $33.77 billion market cap gold miner Kinross Gold (KGC) first went public in 1993, the company was formed through a strategic three-way merger of Plexus Resources, CMP Resources, and 1021105 Ontario Corp (a […]<\/p>\n","protected":false},"author":1,"featured_media":8495,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[301,48,9,58,17],"class_list":["post-8494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-awcm","tag-copper","tag-gold","tag-kgc","tag-silver"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/8494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=8494"}],"version-history":[{"count":2,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/8494\/revisions"}],"predecessor-version":[{"id":8497,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/8494\/revisions\/8497"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/8495"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=8494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=8494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=8494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}