DRILL CORE MINERALIZATION AND ESTIMATES
Seven diamond drill holes spaced 200-750 meters apart show surface mineralization runs deep. In three cores it extends full core depth to elevations 200+ meters below ground and in the fourth the top of the mineralized zone is encountered showing 0.65% Cu. Continuity of mineralization in four cores is enough to infer a triangular prism bounded by three angle holes. The prism measures 500x500x500 meters and is approximately 200 meters thick, unbottomed and controlled laterally by mineralized core calculated corner to corner that assays 0.15-0.65% Cu (averaging .25% Cu).
The formula A= sqrt(3)/4 x 500×500 = 1.08×10 exp (5) square meters
200 m x 1.08×10(exp5) = 2.16×10 exp(7)….or 21.6 million cubic meters
Volume of Prism is: approximately 22 million cubic meters of approximately 0.25% Cu based on Teck core averages.
Converting to lbs Cu contained: Assay to volume calculation: grade x volume
22 million cu m x 2.7 tons/cubic meter = 62 million tons granite
Converting to lb: 5 lbs/ton x 61 million tons = 310,000,000 lb cu…[ a gross estimate ]
Such a large amount of copper indicates the presence of a significant magmatic source. The 22 million cubic meter prism is unbound and can be extended. Drilling largely focused on testing altered lithocap around the central dome. The breccias tested consisting of blocky mineralized clast-supported hydrothermal polymictic breccia hosting silicified reefs, altered felsic and quartz diorite porphyry dikes. Locally, the breccia contains diorite clasts up 10 metres in size. Drilling stepped out to test an IP anomaly and intermineral or “outer” zones of a porphyry system believed to have produced the obvious High Sulfidization mineral suite. The westernmost, chalcanthite mineralized breccia outcrops have not been drill tested.