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COPPER
Klondike Property
  

Exploring in the Paradox Copper Belt in Colorado

The Klondike Property

The Klondike Property is a copper-silver project that lies within the Paradox Copper Belt of San Miguel County, Colorado, USA.

It is comprised of 76 unpatented lode claims for a total area of 843 hectares.

First modern drilling results at Klondike (Nov/22)

  • Long intersections of alteration with 42 m of anomalous copper mineralization

  • in halo surrounding fault intersection of 4.26% copper over 1.06 m

  • Management interprets results to indicate strong potential for copper mineralization on main strand of West Graben Fault​

Klondike Highlights

  • 25km south of Naturita, Colorado

  • Year-round access with project located off of Colorado Highway 141

  • Exclusive right to State Lease

  • Located at SE end of a gypsum salt anticline in a similar structural setting as Lisbon Valley.

  • Copper mineralization occurs in bleached and altered, porous and permeable sandstone units adjacent to small graben-bounding normal faults.

  • Copper mineralization in outcrop includes malachite, azurite, chalcocite and black copper oxides.

  • Historical grades: 6.3% Cu, 23.3 g/t Ag

  • Disseminated copper-silver mineralization observed

  • May be amenable to modern open pit mining with Solvent Extraction Electro Winning (SXEW) processing similar to the Lisbon Valley Mine.

  • Sedimentary-hosted copper deposits account for >20% of the world’s annual copper supply

  • Exceptional access to infrastructure & skilled labour

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Qualified Person

Technical information reviewed by Cam Bartsch, P. Geo., a “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

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