American Copper Development Corp. Stock Analysis ACDX.CN

American Copper Development Corp. engages in exploration and development of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2021-07-27. The firm is focused on locating and developing economic precious and base metal properties of merit and conducting its exploration program on the Lordsburg Property. The Lordsburg project comprises approximately 1,205 contiguous Federal patented and unpatented lode mining claims, covering 9,462 hectares in an area controlled by the Company. The project is located immediately south of the town of Lordsburg in southwest New Mexico, approximately 250 kilometers east of Tucson, Arizona, and 500 kilometers south of Albuquerque, New Mexico. Lordsburg is the county seat of Hidalgo County and lies on Interstate 10 and the Union Pacific railroad. The northern portion of the project has a long history of underground mining for silver, gold, copper, and lead.