QC Copper is focused on advancing its past-producing Opemiska Copper Mine Complex in the Chapais-Chibougamau region of Quebec. The company recently announced its robust Maiden Resource Estimate with 81.7M tonnes @ 0.88% CuEq of pit-constrained Measured and Indicated Mineral Resources and 21.3M tonnes @ 0.73% CuEq of Inferred Mineral Resources.
Given QC Copper and Gold's geologic model and knowledge of existing mineralization, the company sees ample room to grow this Mineral Resource with further exploration and definition drilling. There are few comparable copper-gold deposits that offer this combination of substantial size, robust grades, and excellent on-site infrastructure all located in the Province of Quebec. This initial Mineral Resource firmly establishes Opemiska as a unique and attractive project backed by a team focused on additional Mineral Resource growth, aggressive exploration of local exploration targets and advancing Opemiska toward future development.
With copper prices increasing, QC Copper remains undervalued and remains an excellent opportunity to get exposure to copper.
American Eagle Gold is focused on advancing its NAK property located in the Babine Copper-Gold Porphyry district in central British Columbia. NAK is a porphyry copper-gold target that exhibits many signs of a robust and large-scale system. Historical drilling, while shallow, defined a near-surface copper-gold system with a footprint greater than 1.5km x 1.5km. Drilling in 2022 showed that the property holds substantial deep potential but remains largely untested at depth, while near-surface mineralization potential was shown to be significantly larger than what was historically defined.
The NAK property is road accessible, and many target areas coincide with forest industry clear cuts. Drilling can be undertaken year-round, and no helicopter support is required. The NAK property is 85 kilometres from Smithers, BC, in the Babine copper-gold porphyry district of west-central British Columbia. It lies close to past-producing mines (Bell, Granisle), in proximity to excellent infrastructure. NAK's highly encouraging initial results make it a prime candidate for further exploration. The Company's main objective is to advance this newly revitalized prospect into a major discovery. Drilling is currently underway and fully funded by the strategic investment by Teck Resources, announced on May 8th, 2023.
Baselode controls 100% of approximately 264,172 hectares for exploration in the Athabasca Basin area, in northern Saskatchewan, Canada. The land package is free of any option agreements or underlying royalties.
The Company discovered the ACKIO near-surface, high-grade uranium deposit in September 2021. ACKIO measures greater than 375 m along strike, greater than 150 m wide, comprised of at least 11 separate zones, with mineralization, starting as shallow as 28 m beneath the surface and down to approximately 300 m depth beneath the surface with the bulk of mineralization occurring in the upper 120 m. ACKIO remains open to the west, south, and along the Athabasca sandstone unconformity to the east and south.
Baselode's Athabasca 2.0 exploration thesis focuses on discovering near-surface, basement-hosted, high-grade uranium orebodies outside the Athabasca Basin. The exploration thesis is further complemented by the Company's preferred use of innovative and well-understood geophysical methods to map deep structural controls to identify shallow targets for diamond drilling.
Mistango is an exploration company focused on gold and copper in Ontario and Quebec. Mistango owns a range of assets in the Kirkland Lake district and the emerging Shebandowan gold district in Ontario. Mistango also owns copper assets located in Chibougamau, Quebec, and a portfolio of strategic investments, one of which is Metal Energy's (MERG: TSXV) Manibridge Nickel Mine, a historical production site previously operated by Falconbridge.
Metal Energy is dedicated to the development of its Canadian Lithium and Nickel projects. These two essential commodities play a pivotal role in the global shift towards electrification. The company's SourceRock Lithium project, situated near Thunder Bay, Ontario, holds significant importance as it is the first Lithium brine project in the province. Furthermore, Metal Energy's Manibridge project, a former Falconbridge mine in the Thomson Nickel Belt, Manitoba, is located in one of the most prominent nickel districts worldwide. Notably, Metal Energy has achieved a 100% success rate in intersecting Ni-Ci-Co sulphides across all drill holes at Manibridge.
ORECAP is focused on Special Situations in the natural resource sector where it seeks to generate opportunities that offer shareholders diverse exposure to high returns on investments in precious and critical metal assets and businesses.
