EXPLORE
Lucky Mike Project
[1] Access News Wire. [2] 2024 Assessment Report on Exploration Activities at the Lucky Mike Property.
A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves. The issuer is not treating the historical estimate as current mineral resources or mineral reserves and the historical estimate should not be relied upon.
The property is situated in the Quesnel trough, one of Canada’s most well-established copper producing regions. Lucky Mike was originally discovered in 1916, and 1,932 Lbs of copper. In the 1940s the claim attracted attention for its copper and tungsten but was not developed. [1]
Historic estimate of ~73.5 Mt grading 0.27% CuEq (~402 million lbs contained copper), demonstrating a substantial mineralized system with expansion potential.[1]
Numerous historic Assessment Reports describe the geology and mineralization at the Lucky Mike project are suggestive of a common link to a buried porphyry system. [1]
Adjacent Property
Mine Life Extension (HVC MLE) for adjacent Highland Valley project / details:
In June 2025, the provincial government granted an environmental assessment certificate for the Life Extension project, which officially began construction in August 2025.
[1] 2024 Assessment Report on Exploration Activities at the Lucky Mike Property.
A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves. The issuer is not treating the historical estimate as current mineral resources or mineral reserves and the historical estimate should not be relied upon.
Bedrock geology of the property is dominated by Nicola Group volcanic rocks and intruded by granitic intrusions that do not outcrop at surface
Three main mineralization styles
Mineralized trends are up to 5km long in the Lucky Mike-Old Corona areas are associated with northeast trending faults that converge on the historic Rey Lake deposit
**Rey lake deposit estimate is historical and non-compliant with NI-43-101. Further drilling is needed to verify this resource (3. T. R. Tough & Associates, 1974; 4. ARIS15312; 5. Plate Resources NI-43-101, 2013)
There are four main and several minor copper, lead, zinc, and gold showings on the Lucky Mike Property.
**Rey lake deposit estimate is historical and non-compliant with NI-43-101. Further drilling is needed to verify this resource (3. T. R. Tough & Associates, 1974; 4. ARIS15312; 5. Plate Resources NI-43-101, 2013)
Mineralization is associated with fracturing in andesites that are thermally altered and metamorphosed and host disseminated pyrite
Mineral resource estimate based on drilling in 1972-1973 (T. R. Tough & Associates, 1974) produced resource estimate of 46 Mt at 0.23% Cu
GoldSpot data review (2022) outlines inferred extent of Rey Lake Pluton, southeast of the historic resource, where 1993 drilling (Hole 93-3) returned 0.165% Cu and 0.07% Mo over 232m (0.19% Cu eq)
Cu intercepts north of of Rey Lake (75-24) indicates a potential extension and strike length of up to 1200m
**Rey lake deposit estimate is historical and non-compliant with NI-43-101. Further drilling is needed to verify this resource (3. T. R. Tough & Associates, 1974; 4. ARIS15312; 5. Plate Resources NI-43-101, 2013)
Drill-Ready and Permitted
Led by a skilled team with decades of experience in exploration, and operations, including recent porphyry discoveries. Our upcoming Phase One exploration program is currently in the final stages of development.
District-Scale Potential in a World-Class Mining Friendly Region
The Nicola Mining District is home to multiple active mines, excellent local infrastructure and a skilled local workforce. Provincial highways and backroads allow year-round access to the property. Proximity to power, water, and just 20 km north of Merritt.
