Porphyry Creek

Copper-gold IOCG or porphyry-style target in the Rocher Deboule Mountains, British Columbia

The Porphyry Creek project comprises 21 mineral claims  totaling approximately 7,550 hectares and is located in the Rocher Deboule mountains 10 km south of Hazelton BC and 20 km northwest of Smithers.
  
The Porphyry Creek area is highly prospective for gold, copper, molybdenum, silver and other minerals, and includes eleven large porphyry or porphyry-style copper-gold, copper-molybdenum, molybdenum, and molybdenum-tungsten deposits within a 150km radius.  These deposits range from 20.6 million tonnes to perhaps 250,000,000 tonnes, with grades ranging from 0.30 to 0.48% copper, 0.03 to 0.8 grams per tonne gold, 0.013 to 0.192 % molybdenum and 0.041 % tungsten (1) .  Mineral resources and/or reserves are reported for all these properties as a result of years of systematic exploration.  The deposits include: Bell-Granisle (copper-gold), Berg (copper-molybdenum), Big Onion (copper-molybdenum), Endako (molybdenum), Huckleberry Main & East Zones (copper-molybdenum-gold), Kitsault (molybdenum), Louise Lake (copper-molybdenum), Poplar (copper-molybdenum), and York Hardy (molybdenum-tungsten).  Two of these, Huckleberry and Endako, are currently in production.  The Endako mine is Canada’s largest molybdenum producer.  One small past producer lies within the claim boundaries, and three more significant past producers lie just outside the claim boundaries.
 
Regional stream sediment samples show the property to be among the highest potential in BC for an ‘Olympic Dam’ or Iron Oxide Copper Gold (IOCG) type deposit.  In addition a large magnetic anomaly is shown in a government geophysical survey.  No significant exploration work has been done to investigate the potential of either IOCG or porphyry-related deposits on the Property.
 
The Porphyry Creek area has a long history of exploration and development from high-grade vein systems, dating back to at least 1910.  Between 1915 and 1954 the area saw substantial production from the nearby Rocher Deboule and Red Rose mines, as well as lesser production from the Victoria, Cap and Highland Boy mines.  Exploration has been intermittent since the closure of these mines, with the most substantial work occurring in the 1980’s on the Rocher Deboule/Victoria, Red Rose and Killarney/Jones prospects.
 
Minefile also lists samples from an adit at the Brunswick prospect on the Porphyry Creek property:  a composite sample taken from thirty bags of selected ore from the upper adit graded 3,802 grams per tonne silver, 1 gram per tonne gold, 1.91% copper, 17.27% lead and 28.4% zinc, while a second sample, also from the upper adit, assayed 3.65 per cent lead, 4.05 per cent zinc, 1,288.93 grams per tonne silver and 0.446 gram per tonne gold.

The acquisition of the Porphyry Creek project provides the Company with a significant land package in a second highly prolific mineral district in British Columbia.  Work completed in 2008 included a reconnaissance rock and stream sediment sampling program, an assessment of the known mineral occurrences, and an expansion of the property-wide database through.  Results are pending from this work.

Click here for full size PDF map of the Porphyry Creek Project