New Craigmont Property
Thule Copper Property is known to host mineralization in the form of copper-iron skarn and copper porphyry, located in carbonate rich silicate and intrusive rocks found along the southern flanks of the Guichon Batholith, approximately 20 km south of the Highland Valley Copper operation.
An airborne survey was conducted over the Thule Copper Property in 2012 by SJ Geophysics Ltd. Memorandum dated December 20, 2012. A technical report on the Thule Copper Property mining leases mineral claims titled “Technical Report on the Thule Copper – Iron Property in Southern BC” was prepared in May 2013 by Jim Cuttle, B.Sc., qqP. Geo. The report was filed under the company’s profile on SEDAR at www.sedar.com on May 8, 2013.
Boundary outline of Mineral Claims Tenure
The property covers 8272 hectares in the Southern extents of the Guichon Batholith.
Location of Mining Leases and Claims
Centrally located 10 km from Merritt, BC at historical workings of 34 million tonnes of high grade copper ore mined from open pit and underground operations from 1962-1982.
2012 Airborne Survey
Total Magnetic Field Intensity colour contour map – linear distribution. Most important is the dashed line shows geographically mapped contact between Nicola Group and Guichon Creek with the Craigmont Copper-Iron mine located in the central part of Thule property claim holdings.
2016 Target Zones
The Thule Project consists of several historic zones with known copper mineralization. The 2016 exploration program will target the Embayment Block, the WP, Titan Queen, Eric and Marb zones. All of these zones occur proximal to the Nicola Group-Guichon Batholith contact and to prominent fault trends.