1. Idaho Copper engaged MZ Group for investor relations strategies. 2. CuMo project is a significant copper-molybdenum-silver deposit. 3. Copper demand predicted to rise 600% by 2030. 4. Pre-feasibility study for CuMo expected to start in early 2026. 5. Idaho Copper aims to uplist to NYSE American soon.
Engagement with MZ Group may enhance visibility, attracting potential investors. Historical precedent shows similar moves bolstering stock prices.
The strategic engagement, potential growth of copper demand, and the significant project add importance to COPR's outlook.
Ongoing developments in CuMo's project and copper demand forecast benefit long-term growth strategy.
Boise, Idaho, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Idaho Copper Corp. (OTC:COPR), a critical minerals developer advancing a flagship copper-molybdenum project in Idaho, today announced the engagement of international investor relations specialists MZ Group (MZ) to lead a strategic investor relations and financial communications program across all key markets.
MZ Group will work closely with Idaho Copper management to develop and implement a comprehensive capital markets strategy designed to increase the company's visibility throughout the investment community. The initiative will highlight Idaho Copper's focus on exploring and developing a massive copper-molybdenum-silver deposit in Boise County, Idaho, the "CuMo" project. The CuMo project is one of the largest undeveloped copper deposits in the western hemisphere, likely the largest undeveloped molybdenum deposit in the world, and contains significant amounts of silver, rhenium, and tungsten. All these minerals are considered critical or of strategic importance. The project comprises approximately 2,640 acres and currently consists of 126 federal unpatented lode mining claims, and 6 patented mining claims.
MZ has developed a distinguished reputation as a premier resource for institutional investors, brokers, analysts, and private investors. Lucas A. Zimmerman, Managing Director at MZ North America, and Ian Scargill, Senior Vice President, will provide guidance to Idaho Copper on corporate and financial communications, including roadshow and investment conference coordination in key financial hubs and enhancing brand visibility through financial and social media channels.
Zimmerman commented: "Copper and molybdenum are critical and strategic minerals vital to modern technologies, clean energy, and defense systems. Copper is essential for electrical infrastructure, renewable energy, and electric vehicles, driving high global demand. Goldman Sachs predicts that by 2030, copper demand will increase nearly 600% from the growing needs of the energy transition alone. Molybdenum, used primarily in steel alloys, is crucial for energy, aerospace, and industrial sectors. Geopolitical tensions and supply chain vulnerabilities have heightened global interest in securing stable supplies of these minerals. In the U.S., the strategic risk posed by the reliance on imported minerals has prompted the Department of Defense ("DOD") and Department of Energy ("DOE") to provide grants to fund up to 50% of the development costs of certain mining projects. Exploration and production of these critical minerals presents substantial potential in the evolving domestic resource economy, creating a compelling investment opportunity for Idaho Copper."
Scargill added: "Idaho Copper's CuMo project is ideally situated in a top 10 mining-friendly jurisdiction globally. The site is 36 miles from Boise with good road access, excellent infrastructure including road and nearby rail access, water for operations, electric power and natural gas nearby, and a skilled workforce in the Boise area. From a 2020 Preliminary Economic Assessment (PEA), at lowest PEA cut-off grade, contained metal in the Measured and Indicated category is over 1.6B lb Molybdenum, almost 4B lb Copper and 179M oz Silver. This makes CuMO potentially one of the world's lowest-cost primary Molybdenum mines and single largest yearly Molybdenum producer. Projected average yearly production from the PEA was 43M lb Molybdenum, 84M lb Copper, and 3.57M oz Silver."
Andrew Brodkey, Chief Executive Officer of Idaho Copper, commented: "We are highly focused on our medium-term goal to advance CuMo to pre-feasibility, as we continue to see strong demand for U.S. domestic sources for copper and molybdenum. We are now working on an updated PEA and the submission of a DOD white paper as a candidate for development grants. We expect to commence a pre-feasibility study in early 2026, with target completion in late 2027. We are also finalizing preparations for a near-term application to uplist to the NYSE American exchange. With enormous upside potential and a strategic U.S. location, we believe Idaho Copper has the potential to become an important domestic producer of critical minerals. We look forward to working with Lucas, Ian and the team at MZ Group to communicate our vision to build long-term value for our shareholders."
For more information on Idaho Copper, please visit the Company's website at idaho-copper.com. To schedule a conference call with management, please email your request to COPR@mzgroup.us.
About MZ Group
MZ North America is the US division of MZ Group, a global leader in investor relations with over 250 employees, 800 clients across 12 different exchanges. For over 25 years, MZ has implemented award winning programs and developed a reputation for delivering tangible results for public and private companies via strategic communications, industry-leading investor outreach, public relations, a market intelligence desk, and a suite of technology solutions, spanning websites, conference call/webcasting, video production and XBRL/Edgar filing services. MZ maintains a global footprint with professionals located throughout every time zone in North America, as well as Taipei and São Paulo. For more information, please visit mzgroup.us.
About Idaho Copper Corporation
Idaho Copper Corporation (OTC:COPR) is a critical minerals developer advancing the "CuMo" flagship copper-molybdenum project in Boise County, Idaho. Spanning 2,640 acres, a 2020 Preliminary Economic Assessment found that at the lowest cut-off grade, CuMo is one of the largest undeveloped copper deposits in the western hemisphere (~4B lb Copper), likely the largest undeveloped molybdenum deposit in the world (1.6B lb), with significant quantities of silver, rhenium, and tungsten as well. To learn more, please visit our website at idaho-copper.com.
Safe Harbor Statement
This press release contains forward looking statements which are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected. These statements are not historical facts but rather are based on the Company's current expectations, estimates, and projections regarding its business, operations and other similar or related factors. Words such as "may," "will," "could," "would," "should," "anticipate," "predict," "potential," "continue," "expect," "intend," "plan," "project," "believe," "estimate," and other similar or related expressions are used to identify these forward-looking statements, although not all forward-looking statements contain these words. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors. Stockholders and potential investors should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, intentions and expectations reflected in or suggested by the forward-looking statements in this report are reasonable, the Company cannot assure stockholders and potential investors that these plans, intentions or expectations will be achieved. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond the Company's control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. Except to the extent required by law, the Company has no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, a change in events, conditions, circumstances or assumptions underlying such statements, or otherwise. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended January 31, 2025, as filed with the Securities and Exchange Commission (the "SEC") on April 22, 2025, and the Company's other periodic and quarterly filings with the SEC.
Investor Relations Contact:
Lucas A. Zimmerman
Managing Director
MZ Group - MZ North America
(262) 357-2918
COPR@mzgroup.us
www.mzgroup.us
