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)
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Long intersections of alteration with 42 m of anomalous copper mineralization
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in halo surrounding fault intersection of 4.26% copper over 1.06 m
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Management interprets results to indicate strong potential for copper mineralization on main strand of West Graben Fault
Klondike Highlights
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25km south of Naturita, Colorado
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Year-round access with project located off of Colorado Highway 141
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Exclusive right to State Lease
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Located at SE end of a gypsum salt anticline in a similar structural setting as Lisbon Valley.
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Copper mineralization occurs in bleached and altered, porous and permeable sandstone units adjacent to small graben-bounding normal faults.
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Copper mineralization in outcrop includes malachite, azurite, chalcocite and black copper oxides.
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Historical grades: 6.3% Cu, 23.3 g/t Ag
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Disseminated copper-silver mineralization observed
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May be amenable to modern open pit mining with Solvent Extraction Electro Winning (SXEW) processing similar to the Lisbon Valley Mine.
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Sedimentary-hosted copper deposits account for >20% of the world’s annual copper supply
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Exceptional access to infrastructure & skilled labour
