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Lorraine Copper originated in a spin out of the Lorraine-Jan Tam Misty assets from Eastfield Resources Ltd. and Lysander Minerals Ltd. and was first listed for trading on the TSX-Venture Exchange on April 18, 2008.

Teck incurred expenditures of $9.0 million to earn a 51% joint venture interest in the project, while Lorraine Copper retained 49%.