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surfkast

04/04/23 9:48 AM

#3591 RE: surfkast #3588

Mine reports reports from the companies filings. Not CYA, but facts.

3.2 Red Bird Property
The Red Bird molybdenum property consists of three mineral claims situated in the
Skeena Mining Division of west central British Columbia 133 kilometers southwest of
Burns Lake and 105 kilometers north of Bella Coola. The property covers an area of 444.49
hectares centered on latitude 53°17’44” North and longitude 127°00’34” West in NTS
map area 93E/6.
The Company presently holds a 25% undivided interest in the Red Bird Property.

Why isn't Phelps Dodge Corporation actively developing thios mine?

https://thediggings.com/mines/usgs10279014

Mount Copeland Property
The Mount Copeland Property featured underground production (1970-73) which
produced 171,052 tonnes of molybdenum ore and produced 1,193,222 Kg of
molybdenum. The calculated head grade for this production was 0.732% Mo. When the
Mount Copeland Property was in production in 1970 development work indicated
163,340 tonnes of ore at a grade of 1.83% MoS2 (or 1.1 % molybdenum). The ore indicated
prior to mining, has been essentially extracted.

https://thediggings.com/mines/usgs10279014

3.4 Lochaber Property
The Lochaber Property is located in the Province of Quebec. The Property consists of nine
tenures (540.82 ha). The tenures are registered with the Ministère de l’Énergie et
Ressources Naturelles du Québec (MERN) to the Company. The nine tenures all expire on
June 23, 2023. Volt plans to continue to keep these tenures in good standing beyond 2024
by performing further exploration. It is anticipated that the Company’s air classification
process may be used in the future development of the Lochaber Property.