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GeologicAI and Edge Copper partner to boost Zonia copper project in Arizona
Yahoo Finance· 2025-11-05 11:32
Core Insights - GeologicAI has formed a strategic partnership with Edge Copper to enhance the Zonia copper project in Arizona, which includes an investment from GeologicAI [1][5] - The partnership aims to leverage GeologicAI's advanced services to improve discovery and development for junior copper exploration operators [1][3] Company Strategies - GeologicAI plans a multi-faceted approach for the Zonia project, including a drill-hole spacing study and optimization analysis to enhance resource identification and reduce costs [2] - The company will implement remote core logging and real-time scanning to minimize on-site personnel and laboratory costs, while also guiding geometallurgical sampling [3] Project Goals - Edge Copper aims to advance the Zonia project to a shovel-ready status within three to four years, addressing the growing demand for copper and the existing supply gap [4][5] - The partnership is seen as a natural extension of GeologicAI's mission to facilitate informed decision-making in mineral discovery [4] Financial Backing - In July, GeologicAI secured $44 million (C$60.3 million) in funding from notable investors, including Blue Earth Capital, BHP Ventures, and Rio Tinto, to support AI-driven mineral discovery and development [6]