Drill Results
Coyote Copper Mines Inc. Begins Trading Monday April 13, 2026
Coyote Copper Lists on TSXV, Secures 14k-Acre Arizona Footprint Adjacent to Resolution JV
Executive Summary
- Coyote Copper Mines Inc. (TSXV: CCMM) commenced trading on April 13, 2026, following a qualifying transaction amalgamating First & Goal Capital Corp and Copper Bullet Mines Inc.
- The company expanded its Arizona land package to 693 BLM mining claims (~14,000 acres), adjoining the Resolution Copper project (Rio Tinto/BHP).
- A multi-disciplinary exploration program is launching, including geophysics, sampling, and drilling near the Resolution boundary.
- Management confirmed the completion of a $3.78M financing round to fund exploration and working capital.
Material Impact
- Listing Impact: The TSXV listing provides liquidity and access to institutional capital, transforming the entity from a shell/capital pool company into an operating exploration vehicle.
- Asset Quality: Securing 14,000 acres in the Copper Triangle adjacent to Resolution Copper is highly material; it places Coyote in one of the world's top copper districts with proven geology.
- Financial Runway: The $3.78M raised provides initial runway but may be insufficient for a major drilling campaign given current exploration costs, suggesting future dilution risk.
- Dilution Risk: Outstanding warrants and finder fees add significant fully diluted share count pressure (~18% convertible securities noted in March filing).
FGCC · Price
Company Overview
- Company: Coyote Copper Mines Inc. (CCMM).
- Flagship Project: Arizona Copper Springs Property.
- Location: Arizona, USA; adjoining Resolution Copper JV.
- Land Package: 693 BLM mining claims (~14,000 acres / 58 km²).
- Resource Status: Contains >100 historic drill holes and a non-NI 43-101 compliant historic mineral resource (Supergene Oxide Blanket).
- Exploration Focus: Hyperspectral surveys, drone magnetic work, MT/IP geophysics, core relogging, soil/channel sampling, and drilling.
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Apr 08, 2026 · 08:14