COPPER EXPLORATION IN ONE OF
UTAH’S PREMIER MINING PRECINCTS
LATEST ANNOUNCEMENT
LATEST PRESENTATION
OUR PROJECTS
We are focused on creating shareholder value through the discovery and development of major copper and gold deposits in North America. The Company has three , 100% owned, quality projects located in the USA, Phoenix Copper Project, King Solomon Gold and Devils Canyon Gold Projects.
PHOENIX COPPER PROJECT
COMPELLLING COPPER OPPORTUNITY – UTAH
Located along strike from the currently producing 740Mlb Lisbon Valley Copper Mine (LVCC) within the world-class Lisbon Valley Mining District, Utah, Colorado, USA.
Initial reconnaissance work has returned:
- +750m of outcropping copper mineralised strike, open in several directions;
- Rock chip sampling assays up to 45.7% Copper;
Copper mineralisation (malachite) has been identified along trend from the LVCC drilling.
Project was identified through DBO’s US-based technical team, providing a low-cost entry into a prolific copper producing region with the State of Utah that produced 700 Mlbs of copper in 2023 ranking it as the 2nd largest copper producing state in the USA
KING SOLOMON GOLD PROJECT
HIGH GRADE GOLD – IDAHO
Project is located 10 km west of Salmon in Lemhi County, Idaho, in a prolific gold mining district that hosts the Beartrack Mine (+1 Moz)
Gold mineralisation occurs in multiple zones hosted in highly altered quartz veined zones in both metasediment and intrusive rocks.
Previous drilling shows the mineralisation remains open in all directions. Significant results include.
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3m @ 2.70 g/t Au from 95m, incl. 1m @ 4.04 g/t Au
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13m @ 12.28 g/t Au from 46m, incl. 4.1m @ 26.26 g/t Au
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0.86m @ 13.75 g/t Au from 101.6m
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2m @ 5.92 g/t Au from 156m incl. 1.0m @ 10.70 g/t Au from 156m
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1.22m @ 17.02 g/t Au incl. 0.3m @ 65.6 g/t Au from 38.43m
DEVILS CANYON GOLD-COPPER PROJECT
NEVADA
Project lies 20 km west of Kinross Gold Corporation’s Bald Mountain Gold Mine and 40 km north of Barrick Gold Corporation’s Ruby Hill Gold Mine.
Mineralization is hosted in skarn altered limestone and ferruginous sediment proximal to a granitic stock. Sulphides including chalcopyrite, bornite and pyrite were noted in concentrations ranging up to 10% (total sulphide %) within the mineralised zones.
Drilling by the Company in 2023 at several prospects areas returned:
- 1.5m @ 3.7 g/t Ag, 0.25 g/t Au, 1.10% Cu from 7.5m
- 3.0m @ 2.29 g/t Au (incl. 1.5m @ 4.12 g/t Au) from 50.3m
- 7.5m @ 16 g/t Ag, 0.75 g/t Au from 57.9m
(incl. 1.5m @ 56 g/t Ag, 1.7 g/t Au, 1.0% Cu from 62.5m) - 1.5m @ 31.2 g/t Ag, 0.69 g/t Au, 0.65% Cu from 41.6m
- 3,0m @ 91.2 g/t Ag, 1.39% Cu from 62.5m
- 3.0m @ 3.02 g/t Au (incl. 1.5m @ 5.92 g/t Au) from 9.0m