Mining & Mineral Companies

Arizona Silver Exploration Inc.

ABOUT US

Arizona Silver Exploration Inc. operates as a silver exploration company. It holds 100% interests in the Ramsey Mine silver project that covers approximately 1000 acres located in La Paz County, Arizona; and the Sycamore Canyon gold-silver project located in Graham County, Arizona. The company was formerly known as Damon Capital Corp. and changed its name to Arizona Silver Exploration Inc. in November 2016. Arizona Silver Exploration Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada.

Canada Cobalt Works Inc.

ABOUT US

Canada Cobalt Works Inc. (formerly Castle Silver Resources Inc.) is a growing cobalt focussed Company with past producing Canadian cobalt/silver mines under exploration, a proprietary metal separation process for efficient cobalt extraction plus a cobalt recovery division set up to recover cobalt from spent batteries. The Company is moving forward on all fronts with cobalt prices continuing to rise due to supply shortfalls as battery production ramps up to meet the increasing global demand for electric vehicles.

ABOUT US

West High Yield (W.H.Y.) Resources has received its Preliminary Economic Assessment (P.E.A.) NI 43-101 report with indicated and measured results totalling 10,590,000 Mg/Mt, averaging 24.61%. The Record Ridge South property (the Project) is an intermediate-advanced stage magnesium exploration project, currently tested by 77 diamond drill holes. Full (P.E.A.) NI 43-101 onwww.sedar.com

Economic Analysis

The financial results of this report are based upon work performed by SRK and have been prepared on an annual basis. All costs are constant U.S. dollars.

The economic analysis results indicate a pre-tax net present value (NPV) 5% of US$ 1.339 Billion and initial rate of return (IRR) of 21%, and a post-tax NPV 5% of US$830 million and IRR of 17%. Capital identified in the economics isfor project installation, sustaining operations, and plant and equipment rebuilds as required. The following provides the basis of the SRK Life of Mine (LoM) plan and economics:

  • A mine life of 42 years;
  • An overall average process recovery rate of 80% Mg over the remaining LoM;
  • Sodium Sulfate market price of US$75/t Free on Board (FOB) Record Ridge;
  • A credit of US$345/t-Electro Fused Magnesia (EFM) from the Sodium Sulfate co-product sale;
  • A project cash cost of US$668/t-EFM;
  • EFM market price of US$1,100/t FOB;
  • Sodium Sulfate market price of US$75/t FOB; and
  • Initial capital costs of US$608 million.

ABOUT US

Clean Air Metals Inc. is a Canadian based platinum and palladium exploration company focused on advancing its flagship Thunder Bay North project located in the Thunder Bay region of Ontario. Thunder Bay North is an advanced exploration project which hosts a Historic Estimate of 9.8M tonnes of 2.3g/t Platinum Equivalent (PtEq). The company trades on the TSX Venture Exchange under the stock symbol “AIR”.

Investment Highlight Points

  • The Company is well financed with C$16 million in the treasury, which includes a recent $6.7 million Flow-Through financing completed in June.
  • Eric Sprott is a major shareholder having made a strategic investment of $2 million.
  • Initial results from the Phase 1 campaign on the Escape lake Intrusion confirm the high-grade nature of the deposit. Results include 78.9m of 1.66 g/t Platinum and 2.17 g/t Palladium including 20m of 3.23 g/t Platinum and 4.27 g/t Palladium, 1.54% Copper and 0.84% Nickel.

Thunder Bay North Project, Ontario, Canada

The Thunder Bay North project is a high-grade Norilsk-style PGE-Ni-Cu magma conduit system containing pollution-controlling catalytic conversion minerals Platinum and Palladium (1:1 ratio). The deposit also contains the battery metal Nickel, and the lifeline of the EV, Copper.

The Company has an aggressive exploration campaign planned for 2020. The Company recently commenced its Phase 1 drill program of 10,000m which will be supplemented by an additional 10,000m in a Phase 2 program which was announced on June 29, 2020. The 2020 exploration campaign is entirely focused on testing the Escape Lake intrusion which is a parallel structure to the Current Lake Intrusion which hosts a Historic Estimate of 9.8M tonnes of 2.3g/t Platinum Equivalent (PtEq). The Company will look to incorporate all 2020 drill results in an updated 43-101 Resource by Q2/ 2021.

Crestview Exploration

ABOUT US

Crestview Exploration is an experienced exploration company focused on the exploration and development of its portfolio of gold and silver properties located in prolific mining districts of Nevada.

The Rock Creek gold project is Crestview’s flagship asset, with 74 unpatented lode mining claims wholly owned and controlled by CRS. The Rock Creek property was acquired in 2017, and the company went public in 2019. Emboldened by the results coming out of Rock Creek, Crestview strategically expanded on the land position with the acquisition of the nearby Divide Mine prospect in April 2020, and the acquisition of the Falcon silver-gold prospect in September 2022. Between the three properties, all targeting similar mineralization and likely the same hydrothermal system, Crestview now holds 260 total claims in close proximity of one another. These three gold prospects, along with the nearby Castile prospect, are situated in a region with proven “world class” gold deposits (including Midas, Jerritt Canyon, Betze-Post, Meikle, and Gold Quarry), where the potential of finding large, high-grade gold-silver deposits is favourable. 

The Cimarron project is located in the San Antonio Mountains of Nye County, Nevada, and is comprised of 31 unpatented lode mining claims, including control of 6 historically producing claims associated with the historic San Antonio mine. The property is located in the prolific Walker-Lane trend, approximately 44 kms south of the “world class” Round Mountain deposit.

Osisko Metals

Our Vision

The global push towards decarbonization to combat climate change has led to an unprecedented shift in energy transition metals such as copper and zinc. Coupled with uncertain supply in politically sensitive regions, Osisko Metals is at the forefront of a new generation of mining companies looking to restart project in historical mining camps through its lead-zinc Pine Point Project and the Gaspé Copper Project. We intend to make Osisko Metals the leading base metal developer in North America.

Our values:

To develop a sustainable business, we rely on our core values:

  • Conducting ourselves ethically
  • Applying creativity and innovation
  • Striving for efficiency
  • Being respectful and engaged, and
  • To be inclusive

Our beliefs:

Osisko believes that being a good corporate citizen involves:

  • Protecting the health, safety, and well-being of our employees and neighbours
  • Delivering environmental stewardship that meets or exceeds industry standards
  • Engaging transparently with communities and other stakeholders
  • Being an economic stimulus for our host communities

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals space.

The Company controls one of Canada’s premier past-producing zinc mining camps, the Pine Point Project, located in the Northwest Territories for which the 2022 PEA has indicated an after-tax NPV of $602M and an IRR of 25% is based on the current Mineral Resource Estimates that are amenable to open pit and shallow underground mining and consist of 15.7Mt grading 5.55% ZnEq of Indicated Mineral Resources and 47.2Mt grading 5.94% ZnEq of Inferred Mineral Resources. Please refer to the technical report entitled “Preliminary Economic Assessment, Pine Point Project, Hay River, Northwest Territories, Canada” dated July 30, which has been filed on SEDAR. The Pine Point Project is located on the south shore of Great Slave Lake in the Northwest Territories, near infrastructure and paved highway access, and also has an electrical substation as well as 100 kilometres of viable haulage roads already in place.

The Company is also in the process of acquiring, from Glencore Canada, a 100% interest in the past-producing Gaspé Copper Mine, located near Murdochville in the Gaspé peninsula of Quebec. The Company is currently focused on resource evaluation of the Mount Copper Expansion Project that hosts a NI43-101 Inferred Resource of 456Mt grading 0.31% Cu (see April 28, 2022 press release). Gaspé Copper hosts the largest undeveloped copper resource in Eastern North America, strategically located near existing infrastructure in the mining-friendly province of Quebec.

Pacific Booker Minerals Inc.

About Us

Pacific Booker Minerals Inc. (PBM) owns the Morrison property located in Central British Columbia, 35 km north of the Village of Granisle.

PBM is in the advanced stage of development of the Morrison porphyry copper/gold/molybdenum deposit. PBM has completed a Feasibility Study and 43-101 compliant Technical Report and is proposing an open-pit mining and milling operation for the production of copper/gold/molybdenum concentrate from the Morrison deposit. It is located within 29 km of two former producing copper mines, Bell and Granisle.

The Feasibility Study was completed by Wardrop Engineering Ltd., a Tetra Tech Company, with technical support of a team of other consultants. The study describes the scope, design features and financial viability of a conventional open pit mine with a 30,000 tonnes per day mill.

The highlights of the Feasibility Study are:

  • The total mineable reserve, classified as proven and probable, at Net Smelter Return (NSR) cut-off-value of $CDN5.60/t, is 224.25Mt with an average grade of 0.330% Copper, 0.163g/t Gold and 0.004% Molybdenum;

  • The overburden and waste total is 184.12 Mt for a strip ratio of 0.82:1;

  • Recovered metal is 1.37 billion lbs Copper, 658,090 oz Gold and 10.047 million lbs Molybdenum;

  • Mine life of 21 years;

  • Capital cost is estimated at CDN$516.68 million (including a CDN$59.92 million contingency allocation);

  • A projected exchange rate of C$1.00/ US$0.87;

  • Operating cost of CDN$8.15 per tonne milled over the life of the mine;

  • Pre-Income Tax Internal Rate of Return (IRR) of 20.05%, based on metal prices of (four year trailing average as of January 12, 2009) Copper $2.75, Gold $658.32 and Molybdenum $29.23;

  • Net Present Value (NPV) at 8.0% discount rate is CDN$495.9M; and
    Payback period on capital is 4.2 years.

Note: Silver was not included in the financial analysis; however, there is an opportunity for improved economic performance if silver credits are received from the treatment and refining of the copper concentrate. Metallurgical test-work to date has reported silver present in the concentrate.

The Morrison deposit has the advantage of existing regional infrastructure to service the region, including a deep-sea shipping terminal at the port of Stewart, B.C., a road network, nearby hydro-electric power (20 km from the project site), two existing nearby forestry camps for preproduction use, and a full service town (the Village of Granisle) within daily commuting distance from the project site.