Troitsa Copper Property, Central British Columbia

Troitsa Copper Property, Central British Columbia

Troitsa Copper Property

140 km south of Smithers

Figure .1 Troitsa Property Views

Access by:

  1. helicopter from Smithers, Houston or Terrace
  2. Staging areas on various logging roads or the Huckleberry minesite within 20 km
  3. float plane landing on Troitsa Lake
  4. Ferry across Ootsa Lake provides access to logging roads on south side

Figure 2. Troitsa Property Location

Main Zone – Porphyry Cu (Mo-Au-Ag)

225m @ 0.12% Cu (11-01)
164m @ 0.20% Cu (11-07)
355m @ 0.12% Cu (11-02)
265m @ 0.17% Cu (11-09)
245m @ 0.14% Cu (11-04)
170m @ 0.22% Cu (12-10)
➢ Higher grade porphyry dykes within Main Zone
o 14m @ 0.63% Cu, 0.010% Mo, 7.0 g/t Ag, 0.03 g/t Au (11-03)
o 19m @ 0.65% Cu, 0.004% Mo, 4.8 g/t Ag, 0.05 g/t Au (12-09)
o 25m @ 0.71% Cu, 0.002% Mo, 4.6 g/t Ag, 0.04 g/t Au (12-10)
➢ 8 of 11 holes intersected long Cu intersections
➢ Main Zone traced for 500m
➢ 121 m channel sample returned 0.28% Cu

Large Porphyry System

➢ Cu, Mo, Au, Ag mineralization in rocks, soils and talus over at least 5 km by 2 km
➢ Host is Bulkley intrusive suite, same as for Huckleberry Mine (Imperial Metals) and Seel and Ox deposits (Surge Copper).

Excellent Exploration Potential

➢ Magnetic anomaly outlines large intrusion mapped by BC Geological Survey
➢ A dozen, untested large, coincident IP chargeability & resistivity anomalies
➢ Outside the Main Zone, exploration largely limited to prospecting
➢ Retreating glaciers exposing new areas near mineralization since 2012 work
➢ Airborne ZTEM survey completed over area

Access

➢ Helicopter only access – Smithers, Terrace< Huston
➢ Considerable activity in region using helicopters
➢ Ferry across Ootsa Lake provides access to logging roads
➢ Staging areas for helicopter are 21 km from Main Zone (Huckleberry mine site or logging roads)

Ownership and Tenure

➢ Ken Galambos, P. Eng., Ralph Keefe & Shawn Turfield – well known and successful BC prospectors
➢ Large property – 21 mineral tenures (51 sq km)

Work Completed

➢ 1966: prospecting discovery
➢ 1966-73: geological mapping, geochemical sampling and ground and airborne geophysical surveys; at least 6 drill holes (no public records, shorter)
➢ 1983: Payday Resources completed soil and rock sampling, mag survey (NW area)
➢ 1999- 2006: prospecting, larger property staked by current owners
➢ 2010-12: Callinan Mines Ltd. prospecting, geochemical, IP and magnetic surveys, airborne ZTEM survey, and 3777 m of diamond drilling in 11 holes
➢ 2013: Granite Gold completed two-day helicopter recce
➢ 2014-2021: No work