PHOENIX COPPER PROJECT

UTAH

Located in SW USA, ~70km from Moab on the Utah-Colorado border. The project consists of two separate areas, the CC and Stateline Claim Blocks, located to the northwest and southeast respectively along strike from the Lisbon Valley Copper Mine (operated by LVCC). The project consists of 292 unpatented lode claims covering 5840 acres

CC & Stateline Claim Blocks

Little recent copper exploration has been completed with the project targeting known copper mineralization in a highly mineralized district. The staked claim blocks were identified by the DBO team to host copper mineralization on strike extensions and within the similar geological settings as being mined at the Lisbon Valley Copper Mine.

Two areas have been acquired as part of the greater Phoenix Copper Project.:

  • CC Claim Block
  • Stateline Claim Block

Both claim blocks contain copper mineralization hosted on or near known strike extensions of fertile, northwest trending, copper-bearing structures crossing favorable sedimentary host rocks in the Lisbon Valley.  Outcropping copper mineralisation and historical workings have been identified within the CC Claim Block whilst preliminary mapping located copper oxide mineralization in altered sandstone in the Stateline Prospect area

CC Claim Block

The CC Claim Block consists of 143 unpatented lode claims for 2860 acres (11.6 km2) that were staked on BLM administered Federal lands.  The claim block is located ~5 km northwest of the LVCC operations and ~3km south of the historical Big Indian Copper Mine that produced 150,000t of copper ore averaging 1.5% primarily during WWII. 

The claim block contains the historical Philadelphia Prospect, dating to the early 1900’s, developed by 6 shafts, 3 adits, and several shallow prospect pits exploring a NE trending mineralized fault zone over 750m.  This fault is described as nearly vertical ranging in width from 1m to 15m).  No copper production has been recorded. Evidence of mechanized surface scrapings circa 1960’s, were observed.

A Total of 31 grab samples from outcrop and dumps taken along the strike of the prospect, ranging from 0.5% Cu to 45.7% Cu and 219g/t Ag (~7oz Ag). 

Sampling Philadelphia Prospect

In addition to the Philadelphia Prospect, a 1981 report highlights the 4.5km zone along the eastern bounding fault (hanging wall fault) that abuts the down thrown Dakota sandstones to the west. This fault is undercover for most of its strike length within the claim block and with known mineralisation at its northern extent presents itself as an excellent target.  This is especially true where the NE trending fault, hosting copper mineralisation at the Philadelphia Prospect, intersects both the eastern bounding fault and the Lisbon Vally Fault.  These highly developed, deep fault systems, provide a conduit for circulating mineralised fluids resulting in copper being deposited along both the faults and the bounding, porous sandstones

Philadelphia Prospect – Significant Results

SAMPLE No East NAD83 Z12 North NAD83 Z12 Cu % Ag g/t
CC24-2 656437 4227329 2.57 11
CC24-5 656412 4227300 33.20 93
CC24-8 656504 4227397 2.05 5
CC24-11 656398 4227331 24.30 75
CC24-12 656398 4227331 4.10 4
CC24-13 656400 4227358 45.70 219
CC24-15 656444 4227418 3.13 8
CC24-16 656458 4227416 17.00 40
CC24-19 656492 4227416 6.69 22
CC24-20 656421 4227292 6.54 17
CC24-21 656374 4227263 3.06 3
CC24-25 656311 4227199 5.60 26
CC24-26 656265 4227146 2.53 5
CC24-29 656168 4227037 8.39 52
CC24-30 656141 4227011 8.51 72

Stateline Claim Block

The Stateline Claim Block consists of 149 unpatented lode claims for 2,980 acres (12km2) on BLM administered Federal lands located south east of the Lisbon Valley copper mine covering highly prospective structural and geological trends (Figure 5).

Data from public domain sources4 show LVCC completed exploration drilling along the eastern valley bounding structure, to the SE of the Lone Wolf deposit, stopping at the western boundary of the Stateline Prospect. In April 2023, LLVC applied for permitting to facilitate the open pit mining of the Lone Wolf Deposit, a 60Mt resource containing 12.1Kt (267Mlb) of recoverable copper.

Within the Stateline Project area, Allied Copper Corporation (TSXV:CPR) reported historical surface samples of copper mineralized outcrops returning results up to 1.6% Cu and 1.7g/t Ag. Disseminated copper mineralization was also identified in several outcropping sandstones in other stratigraphic positions. However, no locations were given in the report.

Exploration will commence immediately and consist of: 

  • Geochemical Sampling
  • Geological Mapping and sampling of prospective structural trends
  • Detailed structural interpretation aimed at locating favorable settings for copper mineralisation, particularly high grade feeder zones

The Philadelphia Prospect and the identified structures / sedimentary host rocks provide immediate targets for copper exploration similar to that being exploited at the Lisbon Valley Copper Mine.  The intent is to drill test identified priority targets in 2025.

NEWSFLOW CATALYST

Q3/ 2021
Ground Geophysics – Magnetics and Gravity

Q3/2021
Interpretation and Targeting

Q3/Q4 2021
Maiden Drill Program and Results