MPD Copper-Gold Porphyry Project
The MPD Project is located in the Quesnel Trough, British Columbia’s primary copper-producing belt that hosts Teck Resource’s world-class Highland Valley Mine, Imperial Metals’ Mount Polley Mine, and Centerra Gold’s Mount Milligan Mine (see Table 1). The MPD project’s Nicola Belt geology has many similar characteristics to the neighbouring alkalic porphyry systems at the Copper Mountain Mine to the south, New Gold’s New Afton Mine to the north, and Evrim Resources’ nearby Axe Project which was recently optioned to Antofagasta.
Table 1: Proven and Probable Reserves – Selected Quesnel Trough Copper Porphyry Mines
|Property||Date||Operator||Tonnes||Copper Grade||Contained Copper||Gold Grade||Contained Gold||Silver Grade||Contained Silver|
|(as at)||(millions)||(% Cu)||(millions of lbs)||(gram per tonne)||(millions of oz)||(gram per tonne)||(millions of oz)|
|Mount Milligan1||Dec. 31
|Copper Mountain2||Sept. 1
|Mt. Polley3||July 2017||Imperial Metals||73.613||0.27||443||0.29||0.692||0.56||1.331|
|Highland Valley4||2018||Teck Resources||589,500||0.30||1.540||–||–||–||–|
Management will provide further information on 2019 exploration plans at MPD as the project database is analyzed.
Jeff Ward, P.Geo, and VP Exploration of the Company is a “Qualified Person” as defined under NI 43-101 has reviewed and approved the technical content of this web page.