A Copper - Moly - Gold - Silver - Lead - Zinc property with world-class potential is currently available for acquisition by a company or investment group. The property is about 15 km SW of the producing Copper Mountain Mine outside of Princeton, BC, Canada.
There are currently 120 million tonnes of drill inferred Copper/Gold/Moly/Silver mineralization worth over $3.5 billion at October 2015 metals prices outlined in two small zones, with good potential for over 500 mil tonnes. The property should be developed further to place mineralization into proven and indicated categories. At that point it could be JV'd with a major company, sold or developed to production. There is also a large zone of economic grade surface gold mineralization which could be mined by open pit. Other areas hold high grade Silver/Zinc which had previously been mined on a limited scale. More drilling would prove up reserves in this area.
We are entertaining the best offer in excess of $4 million for a 100% interest, subject to a 3% NSR. The initial payment required is at least $2 million, with at least $2 more payable in the 1st quarter of 2016 and the balance in the 1st quarter of 2017. We would consider vending this property into a public company in return for stock if that company is well-established with a highly-liquid stock.
We are only interested in dealing with principals or a direct contact representative of a principal who is able to make a buying decision and has the funds available to complete a deal.
We feel that this property has greater potential than Copper Mountain in terms of both near-surface tonnage and also gold and silver values. Previous drilling has uncovered zones of high grade gold/silver/zinc values which are lacking at Copper Mountain.
Asking Price Between $5,000,000 and $7,500,000
Sales Operating at Breakeven
Profit Available On Request
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