Lucky Mike Project: Copper, Silver, and Tungsten

Lucky Mike Project

EXPLORE

INTRODUCTION

Lucky Mike Project

PROJECT HIGHLIGHTS

PROJECT HISTORY

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 0.23% Cu (~373 million lbs contained copper).[2]

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.

Timeline: The extension moves the mine’s closure date from 2028 out to 2046.
Investment: The project involves a capital investment of $2.1 to $2.4 billion, making it the largest critical minerals investment in B.C. history.
Production Goals: It is expected to yield an additional 2 million tonnes of copper over the extended life of the mine.^[3]

PROJECT GEOLOGY

Bedrock geology of the property is dominated by Nicola Group volcanic rocks and intruded by granitic intrusions that do not outcrop at surface ^[1]

Three main mineralization styles

Copper Porphyry (Rey Lake)
Skarn-type (Lucky Mike)
Polymetallic Ag-Cu-Zn-Pb veins (Sunshine, Old Corona, Sophia)

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 Porphyry is possible faulted offset extension from Lucky Mike Area which would combine for a mineralized corridor of 6.5 kilometers long.
Work will target higher grades in the core of the system to depth and the drill program will test whether copper mineralization continues to depth below historically drilled intervals, particularly the mineralized area in the vicinity of the historic estimate (73.5 million tonnes @ 0.23% Cu).^[2]
Alteration of strong chlorite and epidote indicate the shallow drilling was in the “green rock” zone and a higher-grade zone may be present just beneath.

PROJECT MINERALIZATION

There are four main and several minor copper, lead, zinc, and gold showings on the Lucky Mike Property. ^[1]

Lucky Mike – Skarn – Copper, Silver, Zinc, Lead, Tungsten
Sunshine – Polymetallic Vein / Stockwork – Zinc, Lead, Copper
Sophia – Polymetallic Vein / Stockwork / Breccia – Zinc, Lead, Copper
Rey Lake – Porphyry – Copper-Molybdenite-Silver +/- Gold

Rey Lake Copper Porphyry Deposit

Mineralization is associated with fracturing in andesites that are thermally altered and metamorphosed and host disseminated pyrite

Historical mineral resource estimate based on drilling in 1972-1973 (T. R. Tough & Associates, 1974) produced resource estimate of 73.5 Mt at 0.23% Cu^[2]

Cu intercepts north of of Rey Lake (75-24) indicates a potential extension and strike length of up to 1200m ^[1]

Lucky Mike Project Workplan

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 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.

[1] 2024 Assessment Report on Exploration Activities at the Lucky Mike Property.

[2] Historical Estimate. Original source: Sookochoff (R. Tough & Associates), April 5, 1974 letter, BC EMPR Property File 10721. Secondary: BC MINFILE 092ISE160. Methodology not specified in source; no CIM category. Upgrade would require new drilling and NI 43-101 technical report. QP has not verified; Company not treating as current.

[3]https://www.teck.com/operations/canada/projects/hvc-mine-life-extension-project/

Mineralization on adjacent properties is not necessarily indicative of mineraliz ation on the Company’s property