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Copper Plateau Project

Projects

Copper Plateau

Region

Quesnel Terrain, South Central British Columbia

Metals

Copper, Molybdenum, Gold, Silver

Stage

Advanced Exploration

Ownership

90% with 10% owned by Tuktu Resources Ltd (TUK:TSXV)

Size

2,789 hectares

Target Style

Calc Alkalic Copper Moly Porphyry

Operator

Cascade Copper Corp

2023 Planned Program

Compilation, Surface Geophysics, Ground truth drill targets, Drilling

Introduction

Copper Plateau Project

The Copper Plateau Cu-Au Porphyry Project is a ~2,789 hectare high-quality project located in southern British Columbia, between Penticton and Princeton. It has seen significant surface and drilling results, holds an open-ended non-compliant historic mineral inventory, and all the right infrastructure in place to be a top tier asset. It is situated south of the former Brenda Copper Mine, which produced 177 million tonnes of ore grading 0.169% Cu and 0.043% Mo between 1970 and 19901. The project sits within the geologically favourable Quesnel Terrane which hosts Copper Mountain (1.13Bt @ 0.22% Cu, 0.09 g/t Au, and 0.64 g/t Ag Resource2) about 40km to the southwest and Teck’s Highland Valley Copper Mine (M&I 1.15Bt @ 0.28% Cu and 0.009% Mo Resource3) to the northwest. Kodiak Copper’s MPD project also lies 40km west of the Project.

Historic diamond drilling consisting of 94 holes by operators Anaconda, Jasper Mining, and Verdstone intersected significant intervals of copper, molybdenum, gold, and silver with the last drill program having occurred in 2008. The Project database holds a significant amount of historic data that has never been fully utilized or compiled with modern modeling techniques which the Company plans to leverage to its full extent. This data includes drill hole data and assay results, surface geology and geochemistry (Rock, Soil, Stream), limited chargeability and resistivity geophysics (3DIP), a DEM, and a “first-pass” block model study completed in 2011 that indicated the potential size and grade of the mineral inventory at the Project and that the mineralization remains open in all directions.

 

1 R.M.Weeks et al, The Brenda Mine  in Porphyry Copper Deposits of the Cal-Alkalic Suite Paper 9 of the Porphyry Deposits of Northwestern Cordillera of North America, CIM Special Volume 46 pp 192-200

2 NI43-101 Technical Report for the Copper Mountain Mine R. Klue et al, Effective Date August 1, 2022

3 Measured and Indicated Resources at Highland Valley from Teck Resources 2022 AIF Date February 21, 2023

Copper Plateau Copper Moly Gold Project

Exploration Activity

Target Style: Copper Moly Porphyry

Target Size: 250-500M tonnes of 0.35% Cu, 0.03% Mo (~3.9B lbs Cu, ~330M lbs Mo)

Historic Work: Drilling, Airborne Geophysics, 3D Induced Polarization, Magnetics, Surface Sampling

Geophysics:

Airborne Magnetic survey circa 2006 shows a strong fracture pattern across the Project area.  This may indicate a strong structural control for copper and moly mineralization at Copper Plateau.

Airborne Radiometric Total Count Circa 2006 shows potentially different phases of intrusives at Copper Plateau.

Chargeability Plan Map at 100m below surface shows strong continuity of chargeable rock at depth at Copper Plateau (formerly Isintok).

Drilling

  • 99 historic holes with assay data and 39 drill holes from 1970 through 1980 with anomalous intervals
  • Historic In house mineral inventory and block models developed
  • Copper and Molybdenum values are in line with British Columbia deposits

 

Surface Sampling

  • Historic soil sampling indicates good correlation between surface anomalism, IP response and mineralization in drill holes.

Historical Highlights

January 11th 2023 News Release Titled: Cascade Copper Announces Sample Results of up to 11.35% Cu and 1.55 g/t Au at the Copper Plateau Porphyry Project in South-Central BC

– Grab Samples show results up to 11.35% Cu, 1.55 g/t Au, 129 g/t Ag, and 0.17% Mo

– Hyperspectral analyses of rock and select core samples indicate an alteration assemblage indicative of a zoned copper porphyry system.

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