Original Article: https://www.juniorstocks.com/milestone-based-copper-play-super-copper-acquires-castilla-project
Super Copper locks in full control of Castilla with no royalties, no dilution, and milestone-driven upside in Chile’s copper heartland.
Super Copper Corp (CSE: CUPR | OTCQB: CUPPF) has just inked a deal that could quietly position it beside one of Chile’s most exciting emerging copper stories. On July 8, the company announced it will acquire 100% of the Castilla Copper Project, a 5,800-hectare land package in the Atacama region—free and clear of royalties, back-ins, or NSRs. It’s a lean, all-cash structure with a modest $100K upfront payment and further payouts only triggered by meaningful milestones like discovery drilling success, a $50M+ PEA, or first production.
What makes Castilla especially compelling isn't just its location within a prolific structural corridor—it’s who’s next door. Fitzroy Minerals, trading near a $80 million market cap, owns the adjacent Buen Retiro copper project and has recently delivered standout drill results. Yet surprisingly, few investors have connected the dots that Castilla is tied to the same copper-rich fault system, and may even host extensions of the same mineralized structures.
This is a rare case of prime geological address paired with stealth valuation. Super Copper’s Castilla covers the untested western block of the breccia system exploited at Manto Negro—a past-producing mine that moved 1.3 million tonnes of 1.2% acid-soluble copper between 2005 and 2009. Government records indicate multiple mineral occurrences within the Castilla boundaries, and historical artisanal workings are visible, though the ground remains undrilled and unsampled by modern standards.
Located just 65 kilometers southwest of Copiapó, Castilla benefits from world-class infrastructure: the Pan-American Highway passes 5 kilometers east, a high-voltage power line runs nearby, and multiple SX-EW plants are within trucking distance. This logistical advantage sets the stage for low-capex, high-impact exploration. And with Cordillera Cobre—Super Copper’s other Chilean asset—just 95 kilometers away, both projects can share personnel, permitting teams, and technical resources.
Zachary Dolesky, CEO of Super Copper, called Castilla “an exceptional risk-reward profile,” emphasizing that every dollar spent is tied to value-creating milestones, not speculation. It’s a strategic move aimed at consolidating a scalable copper footprint in Chile, with a disciplined acquisition model that mirrors major producers but on a leaner, smarter budget.
The structure of the deal is performance-driven, but not overcomplicated. Super Copper gains 100% title at closing for $100K. Further payments—$50K after a qualifying drill intercept, $150K upon delivery of a PEA with an NPV ≥ $50M, and $1M upon commercial production—only kick in if the project delivers. This means shareholders get pure upside exposure without dilution or cash drain.
By pairing Castilla’s heap-leach copper oxide potential with the larger sulphide target at Cordillera Cobre, Super Copper is shaping a complementary portfolio under one regional banner. Both sit within a high-grade belt hosting giants like Lundin Mining’s Candelaria complex, Carola, Punta del Cobre, and others. Now, with Fitzroy proving out mineralization next door, Castilla might be the unsung neighbor about to make its own noise.
Super Copper’s technical strategy has been validated by Michael Dufresne, P.Geo., who reviewed and approved the acquisition under NI 43-101 standards. The company is currently defining its first exploration program at Castilla, aiming to maximize efficiency with local consultants, geologists, and service partners.
Few in the market have grasped the significance of this move. With an $80M peer just next door, prime copper oxide ground now under full control, and zero share dilution, Super Copper may have quietly pulled off one of the smartest Chilean copper acquisitions of the year.
Conclusion
The Castilla acquisition isn’t just another land deal—it’s a strategic, milestone-driven entry into one of the most underappreciated copper plays in the Atacama. With Fitzroy Minerals drilling aggressively next door, Super Copper now controls the other half of a highly prospective trend. And with no royalties, no dilution, and infrastructure on its doorstep, Castilla is a textbook example of capital-efficient discovery potential. Investors might want to get familiar with this quiet contender before the drills hit the ground.
Source
July 8, 2025 News Release: https://www.stockwatch.com/News/Item/Z-C!CUPR-3707780/C/CUPR
Disclaimer
The author does not own shares in the company mentioned in this article. This content was written independently, without any communication or coordination with the companies featured, and was partially generated with the assistance of artificial intelligence. It does not constitute investment advice.
