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Thursday, 03/19/2020 9:10:15 AM

Thursday, March 19, 2020 9:10:15 AM

Post# of 2916
So much potential masker. $IMIMF


"The Mount Milligan copper-gold porphyry deposit contains a combined Measured and Indicated Mineral Resource of 243.9 million tonnes (Mt) at 0.134% Cu and 0.226 grams per tonne (g/t) Au containing 717.7 million pounds (lbs) of copper and 1,769,000 ounces (oz) of gold and an Inferred Mineral Resource of 11.0 Mt at 0.306 g/t Au and 0.125% Cu, exclusive of Mineral Reserves,"1 while The Kemess Mine, also an open-pit copper-gold porphyry, "produced approximately 3 million ounces of gold and 700 million pounds of copper over its life of mine." Near to the past-producing Kemess Mine is the Kemess Underground Project, also owned by Centerra Gold. This separate deposit that is currently in the development stage, and which has not yet been approved for production."2

Mineralization at the Cathedral Project area occurs within a structurally controlled, moderately west-dipping (tilted) alkalic porphyry system. The system is dominated by stockwork, disseminated and vein hosted porphyry-type mineralization within a propylitic and sodic-calcic altered quartz monzonite (Cathedral and Cathedral South Showings) that has been thrusted onto shallower high-grade vein systems (Gully and Pinnacle Showings) located to the east and northeast.

As a result of the post-emplacement tilt, thrusting and subsequent erosion, an almost 2 km extent of the hydrothermal, alteration and mineralization system has been exposed. Styles of mineralization include stockwork and disseminated porphyry-type mineralization, vein-hosted, high-grade mineralization, late stage magnetite-chalcopyrite veins, and late stage quartz-chalcopyrite veins.