North Copper Co.,Ltd. Expects Subsidiary to Secure Mining Permit by End of March

Deep News03-17

An investor recently inquired on an interactive platform regarding the progress of the peripheral mining rights certificate for the Hujiayu Mining Company, a subsidiary of the controlling shareholder Zhongtiaoshan Group. The company had previously indicated in late December that the permit was expected within one to two months. North Copper Co.,Ltd. (000737.SZ) responded on March 17th that the application to convert the exploration rights to mining rights for the Nanhegou peripheral area of the Hujiayu Mining Company has been submitted to the Department of Natural Resources of Shanxi Province for review. The company anticipates obtaining the mining license before the end of March. The company expressed appreciation for the investor's interest.

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