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Why Patriot Resources Is Betting Big on Zambia’s Sugarloaf Copper Deposit
1:54am on Monday 2nd of June, 2025 AEST
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Mining
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Why Patriot Resources Is Betting Big on Zambia’s Sugarloaf Copper Deposit
1:54am on Monday 2nd of June, 2025 AEST
Key Points
Acquisition of 100% interest in Sugarloaf Copper Deposit
Exploration target of 1.6–2.5 million tonnes at 2.0–2.5% total copper
Strategic alignment with Sinomine’s Kitumba process plant and smelter
Acquisition terms include upfront and deferred payments linked to mining cash flow
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