“We drilled one of the highest-grade drill holes reported globally in 2018, when (hole) 421 intersected 100 m of 5.3% CuEq at our adjacent Stardust deposit. This new Kwanika drill hole is even higher-grade than drill hole 421 and occurs just 7 km away. The presence of such extraordinary grades in multiple deposits is both surprising and rare, and opens up multiple, very high-grade exploration targets over a substantial area. This drill hole is a game-changer for our Kwanika deposit and for the region.” 1
3km due south and on strike with Northwest Copper’s Kwanika and Stardust Projects, geophysical anomalies occur at Indata in comparable Paleozoic carbonate rocks and younger volcanic units.
More than 40 years of exploration and documentation at Indata indicate the possibility of a sizeable copper deposit.
Geophysical anomalies have identified numerous drill-ready targets for copper and other minerals. North Lake Zone historic resource: 86.8 million tonnes grading 0.31% copper. Located ~25Km from pacific tidal port.
Several high-grade drill targets are already identified and fully permitted, additionally, porphyry targets exist.
Regionally includes operating mines Mt. Milligan, Granisle and Bell which have established local expertise, manpower and equipment resources within the region.
Forestry roads provide access to drill targets; ample water onsite. As regional mining activity increases, infrastructure looks likely to improve dramatically.
CSE: ALCU
OTC: ALCUF
FWB: PP00
| Trading Symbols: | CSE: ALCU | OTC: ALCUF | FWB: PP00 |
| CUSIP: | 02074D306 |
| ISIN: | CA02074D3067 |
| WKN: | A3EXJ4 |
| Date/Place of Formation: | March 29, 2018 - British Columbia |
| Financial Year End: | September 30 |
| Industry Classification: | Junior Natural Resource – Mining |
| Auditors: | DeVisser Gray |
| Transfer Agent: | Computershare Investor Services Inc. |
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