The Company is focused on exploring and developing its sizable holdings in the Ambler Mining District in Alaska. The most advanced projects in this prospective district are Arctic and Bornite.
Arctic is one of the highest-grade copper deposits known in the world.
The Arctic deposit ("Arctic"), is a polymetallic volcanogenic massive sulfide deposit located approximately 292 miles (470 kilometers) northwest of the City of Fairbanks, Alaska.
Location | Alaska, USA |
Deposit Type | Volcanogenic Massive Sulfide |
Unit | Ambler Sequence |
Age | Devonian |
Main Economic Elements | Copper, Zinc, Lead, Gold, Silver |
Bornite is a high-grade copper deposit with significant exploration potential, located in a safe, mining friendly jurisdiction.
The Bornite deposit (“Bornite”), is a carbonate hosted copper deposit located approximately 16 miles (25 kilometers) southwest of the Company’s Arctic project. Current activities are focused on exploration, with mineralization remaining open to the north, northeast and south.
Location | Alaska, USA |
Deposit Type | Carbonate-Hosted Copper-Cobalt |
Unit | Bornite Carbonate Sequence |
Age | Lower Devonian to Upper Silurian |
Main Economic Elements | Copper and Cobalt |