Risk and valuation analysis of the Niblack Copper Co. Project |
Status Risk : Mine development |
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Title(s) of the Niblack Copper Co. Project |
| Heatherdale Resources Ltd. Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Niblack Copper Co. Project |
The Niblack copper-gold-zinc-silver project is located 27 miles east of Ketchikan on southeast Alaska's Prince of Wales Island, within a 6,200-acre mineral property that includes 250 acres of patented lands and six identified zones of mineralization.
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History of the Niblack Copper Co. Project |
It supported historic underground mining operations from 1905-08, producing ~20,000 tons of ore grading 4.9% copper, 2.2 g/t gold and 30 g/t silver. Over the past 34 years, previous owners expended some US $41 million to complete 195,000 feet of drilling in 246 holes.
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Geology of the Niblack Copper Co. Project |
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Niblack is a precious metals enriched volcanogenic massive sulphide (VMS) deposit, containing significant quantities of copper, gold, zinc and silver.
VMS mineralization at the Niblack property is hosted within a thick sequence of rhyolite and inc more...
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