With the growth of the electric vehicle sector, the demand for copper is expected to rise substantially. This challenge is being addressed by several exploration companies, including CAVU Mining Corp, which is dedicated to acquiring, exploring, and developing mineral projects containing metals used in green technologies and renewable energy.
CAVU is a Canadian junior mining company focused on copper exploration in British Columbia and Yukon. The company is currently concentrating its efforts on the Hopper Copper-Gold Project in Yukon. Additionally, CAVU holds the Quesnel Copper Project in British Columbia—an early-stage project with significant discovery potential, acquired through staking.
A Focus on Copper Supply
Dr. Jaap Verbaas, CEO of CAVU, explains the company’s core mission:
“We focus on finding copper projects and developing them into proven copper resources that can help address the coming copper supply deficit as the world transitions to green technologies.”
CAVU’s Hopper Project in Yukon Territory is a large copper porphyry–skarn project, in which the company has the right to earn a 70% interest through a deal with Strategic Metals.
“The Hopper is a massive copper target. One of the areas we are drilling has copper mineralization at the surface over a length of more than 1.3 km. Over the past year, we have also proven the existence of a porphyry system with our first drilling on the claim.
Porphyry copper deposits are among the largest types of copper systems in the world, and we are very pleased with this discovery. CAVU is now planning a larger and more comprehensive drilling program, set to begin in late spring 2022.”
Supporting the Green Revolution
Dr. Verbaas, an exploration geologist, moved to Canada in 2012 to pursue a PhD after working in Australia’s gold fields. He and his business partners founded CAVU in June 2020, recognizing an imminent supply-demand imbalance in copper that would drive prices higher as global industries move toward sustainable technologies.
“Exploration is an intellectual capital business. We focus on applying the right expertise to the right projects and mineral systems, ensuring efficient exploration. Together with our Vice President of Exploration, Luke Bickerton, we blend novel technologies with traditional methods to enhance project-scale exploration strategies.”
Dr. Verbaas points out that copper has seen very little capital investment over the last decade, leading to a shortage of developed and permitted projects capable of meeting future demand.
“The biggest tailwind for copper is the green revolution—the transition to electric vehicles and renewable energy. Interestingly, investors tend to focus on metals used in batteries, like nickel, cobalt, and lithium.
However, energy storage is useless without energy transport, which relies heavily on copper wiring. Copper is one of the best and most affordable conductive elements, making it essential for the future of green energy.”
People Are Our Greatest Asset
Although CAVU was established only a few years ago, its progress has been impressive. Dr. Verbaas attributes this success to human capital:
“People are everything. Great people, combined with the right teamwork, lead to great results—whether in drill cores, investor presentations, or copper resources.”
CAVU is committed to hiring locally to ensure its activities benefit surrounding communities. One example is Castle Rock Enterprises, a company owned by the Champagne and Aishihik First Nations, which has built all roads at the Hopper Project since 2015.
“To recognize their work, we renamed the main high-grade copper skarn zone ‘Copper Castle’ in their honor.
Additionally, Mr. Allen Edzerza, of the Tahltan First Nation, serves on our advisory board, guiding us on community engagement and local hiring opportunities.”
As a company dedicated to decarbonization, sustainability is at the core of CAVU’s operations. Dr. Verbaas emphasizes that modern mining companies closely monitor their environmental footprint to minimize disturbance to ecosystems.
“If metals are not encountered in significant quantities, flora and fauna will naturally reclaim the land. We are proud to be part of the movement towards low-disturbance exploration.”
Positioned for Growth
Summarizing CAVU’s current position, Dr. Verbaas reflects on the company’s achievements in 2021:
“We listed on the Canadian Securities Exchange in February, secured the Hopper Project in March, and conducted an incredibly successful first drill program.
Our drilling confirmed high-grade copper intercepts, indicating that the richest part of the claim may still be undiscovered. In addition, we have applied for a new 10-year exploration permit for our flagship project.”
With full financing secured for the 2022 drilling season, CAVU has been able to retain contractors well in advance, a crucial step in a competitive exploration environment.
“All our data suggests that we are only on the edge of what may be a world-class copper porphyry system. In an industry where failure is the norm, we have consistently aimed our drill holes at the right targets.
We remain committed to expanding our copper portfolio and are actively searching for additional projects. This is excellent news for our investors and the future of the company.”
🔗 Learn more at: www.cavumining.com