Copper King Mining Corporation (OTC: CPRK) recently announced that the company has acquired 100% ownership of Western Utah Copper Company. As a result of the merger, the combination of the two companies combines for over 92,000 acres of mining claims and a long line of mining equipment including; back hoes, crawlers, mining trucks, blasting equipment, fuel trucks, and dozers.
To date, the company has removed over 1,600,000 tons of overburden on their Hidden Treasure. With the removal of the overburden it has produced an excess of 200,000 tons of ore, and most of it is considered extremely high-grade ore. The ore will be processed in the company’s new milling facility which is capable of processing 2,500 short tons of ore per day.
The name Copper King Mining Corporation will be upheld and the management team of Western Utah Copper will head the management core of the new company. A new board of directors will be announced in the future, and will comprise of members from both companies.
Copper King Mining Corporation currently owns approximately 1,200 acres in the Drum Mountains of Utah, which are patent deeded mining claims that contain gold, silver and copper. The company added six more claims on land that was inside their holdings, but not patent deeded. Western Utah Copper Company has approximately 1,100 acres of claims filed.
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