| CATFACE Project |
|
CATFACE |
|
Country |
Canada
|
|
Province |
British columbia |
|
|
|
Close to |
Tofino |
|
Status |
ADVANCED DISCOVERY
|
|
|
|
|
|
|
|
|
Latitude / Longitude |
49 N 15 / 125 W 58 |
|
|
|
|
Legends
|
|
|
|
|
|
|
|
|
|
| Risk and valuation analysis of the CATFACE Project |
| Status Risk : Advanced discovery |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Title(s) of the CATFACE Project |
 | Imperial Metals Corp
Owner: 97.4% |
 | | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
| The Catface Copper Property is owned 100% by Catface Copper Mines Limited, which is owned 97.4% by Selkirk Metals Corp. |
 | Xstrata plc
Area of interest: 50.1% |
| | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
| Falconbridge holds a right to back into a 50.1% working interest in the Catface property at the time of a production decision by paying Selkirk 150% of Selkirk's expenditures on Catface. Alternatively, Falconbridge may revert to a 9% Net Proceeds of Production Royalty. |
|
|
|
| Location of the CATFACE Project |
|
The property location is on Catface Peninsula, west of Port Alberni, British Columbia, on the West Coast of Vancouver Island
|
| |
| History of the CATFACE Project |
|
The Catface porphyry copper-molybdenum deposit was discovered in 1960 and extensively explored by Falconbridge between 1961 and 1971.
Exploration continued up until 1989 by which time accumulated expenditures had reached $2,774,000. Three mineralized areas were identified, known as the Cliff, Irishman Creek and Hecate Bay zones.
|
| |
| Geology of the CATFACE Project |
|
|
Mineralization is related to a small, mid-Eocene, porphyritic quartz diorite to granodiorite stock that intruded older quartz monzonite and Triassic Karmutsen Group basalt. Disseminated and fracture-controlled chalcopyrite, bornite and minor molybden more...
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
Data last updated on : 9/2/2009
|
|
Disclaimer
|
|
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
|
|
|
|
|
