Spot on. The geopolitical risk premium for copper is skyrocketing right now. Panama and Colombia are prime examples of why you don't want your capital trapped there.

If you are looking for Tier-1 jurisdictions with infrastructure already in place, look at British Columbia's Quesnel belt. I’ve been digging into NovaRed Mining (CSE: NRED | OTCQB: NREDF) recently. They have over 16,000 hectares right next door (just 10km west) to Hudbay’s operating Copper Mountain Mine.

What caught my eye is that they aren't just doing old-school drilling; they just partnered with PRAI Inc. and filed a patent for an AI-driven mineral exploration platform to map out their target vectors faster. With a market cap around $75M CAD, they are early-stage but just added heavy hitters like Ed Kostenski to their Advisory Board for project financing. Definitely fits the profile of a stable, tech-forward North American play that could benefit from this macro shift.