Thursday, October 17, 2024

Breaking News: (OTC: HIRU) Believes Flagship Project Will Benefit From Long-term Copper Demand

Hiru Corporation (OTC: HIRU) just made a major announcement regarding marketing and marketing feasibility at their flagship project.

StockWireNews

Breaking News: (OTC: HIRU) Believes Flagship Project Will Benefit From Long-term Copper Demand

October 17th

Greetings Readers,

Hiru Corporation (OTC: HIRU) just made a major announcement regarding marketing and marketing feasibility at their flagship project.

Take a look:

HIRU Corporation (HIRU) Announces Market and Marketing Feasibility for Balfour Project

Toronto, Ontario--(Newsfile Corp. - October 17, 2024) - HIRU Corporation (OTC Pink: HIRU) is pleased to provide shareholders and stakeholders with a market and marketing feasibility update for the Balfour Copper Project in Tasmania, Australia. As global demand for copper continues to rise, the Balfour Project is ideally positioned to capitalize on the ongoing copper super cycle, driven by transformative global trends.

Market Overview

The Balfour Project is set to benefit from the significant, long-term global demand for copper, fueled by the rapid expansion of renewable energy infrastructure, the electric vehicle (EV) revolution, and the worldwide shift away from centralized manufacturing in China. These factors are expected to result in a sustained increase in copper prices, with industry analysts forecasting prices above USD $40k per tonne in the coming years.

With its scalable resource base, the Balfour Project is well-placed to become a major copper supplier, potentially extending its operations far beyond the initial 10-year production plan outlined in earlier studies. As the world looks for reliable and sustainable copper sources, the Balfour Project can play a key role in meeting global demand for decades to come.

Strategic Positioning

During its early-stage development, the Balfour Project is expected to produce 50,000 tonnes of copper concentrate annually. This positions the project as a significant player in the copper market. As operations expand in future phases, the project's output will grow, further enhancing its role in the global copper supply chain.

Hiru Corporation's strategic marketing efforts will focus on positioning the Balfour Project as a critical and scalable copper supplier, appealing to in-vest-ors and industry partners seeking long-term, sustainable sources of this vital metal. Independent reports adhering to international standards such as VALMIN, ITAR, and Ni43-101 confirm the in-vestment-grade quality of the project, ...

Sustainability Focus

In addition to its strong market fundamentals, the Balfour Project adheres to Australia's stringent environmental, social, and governance (ESG) standards. ...

Looking Forward

With scalability, sustainability, and long-term potential, the Balfour Project is well-positioned to secure its place as a key player in the copper market. ...

More news will follow in a timely manner.

Read the full article here.

Now that that is out of way, take a look at a trimmed down version of my initial Hiru Corporation (OTC: HIRU) report below and consider this copper miner for your watch-list.

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*Hiru Corporation (OTC: HIRU)*

The Hiru Corporation is a mining company headquartered in Toronto, Canada, with a focus on copper and other essential metals.

The company's flagship operation, the Balfour Project, is located in north-western Tasmania, Australia.

Committed to ethical mining practices, Hiru is actively exploring new opp's in resource-rich regions across the globe.

Hiru's Flagship Operation - The Balfour Copper Mine

The Balfour Project is located in a remote but resource-rich area of north-western Tasmania, Australia.

Although the settlement of Balfour, once a thriving mining community, is now nearly abandoned with a population of only around ten, the surrounding area holds immense potential for resource extraction.

The Balfour Project spans five exploration licences and one mining lease, covering over 70 kilometres of mineral-rich terrain.

This includes over 25 kilometres of strike containing numerous documented mineral occurrences, including copper, tin, gold, and other valuable metals.

The project's proximity to major towns like Burnie and Devonport ensures easy access to key infrastructure, including scheduled flights to mainland Australia.

image

Balfour Is Just The Beginning Of Hiru's Journey

As the company continues to explore and expand, Balfour is just the beginning of their journey.

Hiru is committed to sustainable mining practices, and with their sights set on the future, they aim to contribute to the global supply chain of essential metals while preserving the environment and fostering positive relationships with local communities.

image

The Future of Hiru

With the Balfour Copper Mine as their flagship project, Hiru is positioned to expand its portfolio of assets in the mining sector.

They are actively seeking new opp's in resource-rich regions across the globe.

By combining state-of-the-art technology with a commitment to ethical practices, they are on a path to becoming a significant contributor to the global supply of copper, tin, gold, and other metals essential for the world's future.

Sources And More Details Here: Hiru Website.

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2 Time-Sensitive (HIRU) Potential Catalysts To Consider

Take a look:

#1. Hiru Corporation (HIRU) Additional $3 to $5Mn Cash Injection Directly Into HIRU for Immediate Mining Operations

CEO increasing stake ownership

Toronto, Ontario--(Newsfile Corp. - September 17, 2024) - Hiru Corporation (OTC Pink: HIRU), Sheikh Khalid Nasser Al Thani, Member of the Royal Family of Qatar, Chairman & CEO of Hiru Corp. has decided to immediately start funding the co with another round of $3 to $5Mn thus increasing his stake ownership in the mine. The in-vest-ment will be made directly into the company where the company will be able to purchase additional equipment and resources to speed up the development of the operations.

Sheikh Khalid Nasser Al Thani, Chairman & CEO stated, "We repeat we are well funded to carry the mining operations. The 5-year projection was based on current resources available to the company. Obviously with this new cash infusion the company can acquire the equipment needed and start immediately speeding up the start date."

Read the full article here.

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#2. Hiru Corporation (HIRU) Secures 50-Year Mining Concession for Balfour Project in Tasmania

Toronto, Ontario--(Newsfile Corp. - September 11, 2024) - Hiru Corporation (OTC Pink: HIRU) is pleased to disclose to its followers and shareholders that the Company has signed a landmark agreement with Zebs Minerals Pty Limited and its subsidiary D & B Mining Pty Limited, both based in Tasmania, Australia. The agreement grants HIRU mining concession rights to the Balfour Project, located in Western Tasmania, for an initial term of 50 years. This agreement positions HIRU to explore, develop, and exploit the substantial copper resources in the region.

The agreement also includes an option to extend the concession for an additional 50 years, offering flexibility for long-term development. Furthermore, the concession can be extended on a rolling 12-month basis, ensuring continuity for HIRU's operations.

"We are excited to embark on this long-term partnership, as it provides HIRU with a unique opp. to leverage Tasmania's rich copper resources and contribute to the global supply chain," said a spokesperson of Hiru Corporation. "This is a key milestone in our growth strategy, and we look forward to unlocking the potential of the Balfour Project."

The agreement is governed by the laws of Tasmania, ensuring that all operations comply with local regulations.

Read the full article here.

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Drop everything and consider Hiru Corporation (OTC: HIRU) for your watch-list.

Talk again shortly.

Sincerely,

Kai Parker

StockWireNews


(Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.)

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