Copper Canyon porphyry copper-gold deposit, Galore Creek area, northwestern British Columbia

"The Copper Canyon property is located in the Galore Creek area of northwestern British Columbia. Porphyry copper-gold mineralization on the property is notable for its high gold content and close spatial relationship with a distinctive suite of high level syenitic and monzonitic intrusions, and pseudoleucite-bearing volcanic country rocks. The style of alteration and mineralization is similar in many respects to the nearby Galore Creek deposits.The current geological resource of 32.4 million tonnes grading 0.75% Cu, 1.17 g/ t Au and 17.1 g/t Ag is insufficient to support a mining operation, but definition of additional reserves combined with improved transportation infrastructure in the region may change this in the future. The climate, topography and proximity to an active glacier indicate that the most likely production scenario is an underground bulk mining operation, with the ore being milled offsite.IntroductionThe property is located at 57°07' North latitude, 131 °21' West longitude, on NTS sheet 104G/ 3W, approximately 160 km northwest of Stewart and 90 km south of Telegraph Creek (Fig. 1). The Galore Creek camp and airstrip are located 6 km to the west. Current access to the property is via helicopter either from Galore Creek, or from the Bronson Creek airstrip 32 km to the south-southeast.The deposit occurs within the Boundary Ranges of the Coast Mountains, on the north side of the east fork of Galore Creek, which flows northerly into the Scud River and thence westerly to the Stikine River.Topography is rugged. In the deposit area, elevations range from 1130 m to 1750 m. Valley glaciers and permanent snow and ice fields are characteristic of the region at these elevations, and at its southern limit, mineralization is truncated by the East Fork Glacier.The property is entirely above the treeline, and except for areas of moraine cover and talus slopes, outcrop is abundant."