Geopulse Exploration announced that it has finalized the fourth phase expansion program of its Utah Mineral Acquisition Strategy. As the company’s fourth Utah property asset acquisition, the project includes three potential gold/copper purchases and one potash lease.
In anticipation of this announcement, Geopulse gained full property and mining rights to the property from the Utah Trust Lands Mining Division. Geopulse believes this location has excellent gold and copper exploration potential based on the massive finds only a few miles away, such as the Lisbon Valley Copper Mine. At full production, this mine was producing nearly $255,000,000 of copper ore annually at today’s prices.
Geopulse aims to assess, secure, and operate properties through its own expertise and joint venture programs. The company’s initial project site objectives are focused in Utah and continental North America, with future expansion goals aimed for Central and South America.
Utah is the third largest gold producing state in the U.S. For over a century, Utah has also been one of the world’s largest copper producers with an annual value of over $1.7 billion and an output of nearly 20 million pounds.
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