The Corporation owns 100% of the Pumpkin Hollow Copper Development Property in the Walker Lane mineralized belt of Western Nevada. For an overview of the property click here for a recent profile broadcast by Business Television.
Pumpkin Hollow is an advanced development stage copper property, which contains Measured and Indicated Resources totaling 2.7 Billion pounds of Copper plus additional Inferred Resources of 3.4 Billion pounds of Copper (all using a 0.2% copper cutoff grade). This 6 Billion pound copper and associated 75 million ton iron resource was estimated in July, 2006, and the Technical Report is available on the Resource page of this website and at www.sedar.com.
Historical work at the Pumpkin Hollow property includes over 590,000 feet of drilling conducted by U.S. Steel Corp., Anaconda Copper Corp. and Cyprus Minerals Corp. among others. These were among the largest mining companies in the world at the time. Numerous resource, metallurgical and economic studies have been completed over the years.
The Company intends to move the property forward through feasibility, and is confident that at current metals prices, the Pumpkin Hollow Copper property will soon host Nevada's Next Copper Mine.
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