sombrero butte copper project arizona, usa€¦ · sombrero butte compilation 2 kilometers...

12
Sombrero Butte Copper Project Arizona, USA January 2017

Upload: others

Post on 14-Jun-2020

7 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Sombrero Butte Copper Project Arizona, USA€¦ · Sombrero Butte Compilation 2 kilometers Granodiorite Volcanics Pinal Schist Volcanics IP TARGET IP TARGET PDH # 1 2079 ppm Cu PDH

Sombrero Butte Copper ProjectArizona, USA

January 2017

Page 2: Sombrero Butte Copper Project Arizona, USA€¦ · Sombrero Butte Compilation 2 kilometers Granodiorite Volcanics Pinal Schist Volcanics IP TARGET IP TARGET PDH # 1 2079 ppm Cu PDH

2

SAN MANUELKALAMAZOO MINE (BHP)

(10.4 Billion Lbs Cu)

COPPER CREEKDEPOSIT

(7.75 Billion Lbs Cu)

SOMBRERO BUTTEEXPLORATION TARGET

Sombrero Butte Project Location

10 kilometers

Page 3: Sombrero Butte Copper Project Arizona, USA€¦ · Sombrero Butte Compilation 2 kilometers Granodiorite Volcanics Pinal Schist Volcanics IP TARGET IP TARGET PDH # 1 2079 ppm Cu PDH

Detailed Geology Map

3

Page 4: Sombrero Butte Copper Project Arizona, USA€¦ · Sombrero Butte Compilation 2 kilometers Granodiorite Volcanics Pinal Schist Volcanics IP TARGET IP TARGET PDH # 1 2079 ppm Cu PDH

Regional Geology Map

4

LEGEND

Laramide Bedrock

Volcanic Bedrock

Andesite porphyry lava flows

Tuff of Sombrero Butte

Dacite lava flows

Massive Andesite

Fault

Laramide Bedrock

Porphyritic Granite to Granodiorite

Paleoproterozoic Bedrock

Pinal Schist

Fault

AA'

Chargeability Target

Chargeability Target

Page 5: Sombrero Butte Copper Project Arizona, USA€¦ · Sombrero Butte Compilation 2 kilometers Granodiorite Volcanics Pinal Schist Volcanics IP TARGET IP TARGET PDH # 1 2079 ppm Cu PDH

5

Line 1E IP Chargeability Section

Volcanics VolcanicsGranodioritePinal Schist

LITHOLOGY

Page 6: Sombrero Butte Copper Project Arizona, USA€¦ · Sombrero Butte Compilation 2 kilometers Granodiorite Volcanics Pinal Schist Volcanics IP TARGET IP TARGET PDH # 1 2079 ppm Cu PDH

6

Surface Exploration Target

IP TARGET

IP TARGET

2 kilometers

Page 7: Sombrero Butte Copper Project Arizona, USA€¦ · Sombrero Butte Compilation 2 kilometers Granodiorite Volcanics Pinal Schist Volcanics IP TARGET IP TARGET PDH # 1 2079 ppm Cu PDH

7

Exploration Target

Volcanics Volcanics Granodiorite

PDH # 12079 ppm Cu

in drill cutting

PDH # 21683 ppm Cu

in drill cutting

GranodioriteGranodiorite

SB - 141.16% Cu

(from 0.0 - 86.0 m)

SB – 23

1.27% Cu; 0.04% Mo; 0.09 g/t Au; 3.81 g/t Ag (458 – 506 m)

Surface Exploration Target

LITHOLOGY

Line 2IP Chargeability Section

BR

BR

BR

GR

RD

GR

RD

SB

-23

SB

-11

SB

-5

LEGEND

BrecciaBR

GRRD

Granodiorite

Page 8: Sombrero Butte Copper Project Arizona, USA€¦ · Sombrero Butte Compilation 2 kilometers Granodiorite Volcanics Pinal Schist Volcanics IP TARGET IP TARGET PDH # 1 2079 ppm Cu PDH

8

• 100% owned and operated by

Copper Fox.

• Bunker Hill Mining District in

proximity to 2 major Cu deposits

(7 to 12 Blbs Cu).

• IP survey identified large West

dipping chargeability anomaly

open to expansion to the East.

• Historical drilling intersected

copper mineralization at depth in

chargeability anomaly.

• Targets identified; drill ready

stage.

Sombrero Butte Compilation

2 kilometers

VolcanicsGranodiorite

Pinal

Schist

Volcanics

IP TARGET

IP TARGET PDH # 1

2079 ppm Cu

PDH # 2

1683 ppm Cu

Page 9: Sombrero Butte Copper Project Arizona, USA€¦ · Sombrero Butte Compilation 2 kilometers Granodiorite Volcanics Pinal Schist Volcanics IP TARGET IP TARGET PDH # 1 2079 ppm Cu PDH

9

Breccia PipesIP TARGET

DICKITE-BEARING BRECCIA PIPES

KNOWN BRECCIA PIPES

1 kilometer

Page 10: Sombrero Butte Copper Project Arizona, USA€¦ · Sombrero Butte Compilation 2 kilometers Granodiorite Volcanics Pinal Schist Volcanics IP TARGET IP TARGET PDH # 1 2079 ppm Cu PDH

Breccia Pipe Characteristics

10

• Three phases of breccia formation, two mineralized and one non-

mineralized.

• i) Copper-molybdenum-gold-silver, ii) copper-silver and iii) copper with Mn-

W-As-Ba geochemical association.

• Copper-molybdenum-gold silver mineralization correlates with positive

chargeability anomaly.

• Several breccia pipes contain strongly mineralized Copper Creek

granodiorite boulders that assayed 1.6% copper, 0.029% molybdenum and

0.056 ppm gold.

Mineralized intervals set out below do not represent true width

Pipe DDH From (m) To (m) Int. (m) Cu (%) Mo (%) Au (ppm) Ag (ppm)

Magna SB-02 280 356 76 0.61 0.007 tr 0.51

Campstool SB-03 466 492 26 1.19 0.013 0.08 4.83

Sunset SB-05 18 40 22 4.38 0.001 tr 5.03

86 104 18 1.37 tr tr tr

Audacious SB-14 24 86 62 1.43 tr tr tr

Magna SB-23 276 306 30 0.68 0.001 tr tr

306 358 52 0.82 0.004 0.03 0.69

458 506 48 1.27 0.040 0.09 3.81

Page 11: Sombrero Butte Copper Project Arizona, USA€¦ · Sombrero Butte Compilation 2 kilometers Granodiorite Volcanics Pinal Schist Volcanics IP TARGET IP TARGET PDH # 1 2079 ppm Cu PDH

Sombrero Butte Project Summary

11

• Located in the Laramide Porphyry Copper Belt, Arizona.

• Positive Induced Polarization/Resistivity identified a 4 km long

porphyry copper target in Laramide age Copper Creek

Granodiorite intrusive.

• Breccia pipes located within positive chargeability anomalies.

• Multiple breccia pipes exhibit zones of copper-molybdenum-gold-

silver, copper-silver and copper mineralization.

• Evidence for advance argillic alteration (dickite clay) in breccia

pipes in center of chargeability anomaly.

• Two high priority drill targets identified for drilling.

• Stockwork Qtz-Cpy-Py veining in Potassic altered Granodiorite.

• Copper mineralization (up to 0.2%) located in cuttings from

historical drill holes.

Page 12: Sombrero Butte Copper Project Arizona, USA€¦ · Sombrero Butte Compilation 2 kilometers Granodiorite Volcanics Pinal Schist Volcanics IP TARGET IP TARGET PDH # 1 2079 ppm Cu PDH

Contact Information

12

Copper Fox Metals Inc.Suite 650, 340 – 12 Ave SW

Calgary, AB T2R 1L51 (403) 264-28201 (844) 464-2820

[email protected]

All statements included herein, including without limitation, statements regarding potential mineralization and exploration results, production timing and cost estimates and timing of future plans,

actions, objectives and achievements of Copper Fox Metals Inc. are "forward-looking statements" as such term is used in applicable Canadian and US securities laws. These statements relate to

analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management at the time the statements were made.

Actual results may differ materially from those currently anticipated. Investors are cautioned that such forward-looking statements involve risks and uncertainties. The forward-looking statements

contained herein are expressly qualified by this cautionary statement. Elmer B. Stewart, MSc. P. Geol., President of Copper Fox, is the Company’s nominated Qualified Person pursuant to Section

3.1 of National Instrument 43-101, and has reviewed and approved the technical information disclosed herein.