Island Copper Project (Hushamu) Snapshot
| OWNERSHIP | 100% |
| DEPOSIT TYPE | Porphyry |
| PRIMARY METALS | Gold, copper, molybdenum and rhenium |
| MINE TYPE | Open Pit |
| LOCATION | Vancouver Island, 25 km west of Port Hardy, British Columbia |
| INFRASTRUCTURE | 29 km from infrastructure of former Island Copper Mine Tide water port & high voltage power |
| STATUS | JV with Kobex Minerals Inc. (TSX-V: KXM)
2009: spent C$1.9M in exploration – no interest 2011: spend C$13.1M and issue a pre-feasibility study - 49% 2012: issue a feasibility study - 65% 2013: complete permitting - 70% |
Notes:
Technical Report: April 2005 - Qualified Persons: G. Giroux P. Eng. & D. Pawliuk P.Geo. - Total copper Cut-off: 0.20% - Cu Eq Metal prices: US$2.00/lb copper, US$875.00/oz gold - No discount for metallurgical recovery in contained metal figures
Updated: December 23, 2009
