Regional Analogues

The Heath-Falcon Project lies between the Mt Milligan Mine to its South East, and the Kwanika and Lorraine deposits to its North West.  The Endako Molybdenum Mine lies due South of Heath-Falcon.

The Four Important Analogue Deposits

Mt Milligan

Mount Milligan is a copper/gold porphyry deposit located approximately 90 miles northwest of Prince George in central British Columbia, Canada. 

The Mount Milligan Mine is a conventional truck-shovel open-pit mine and concentrator with a 62,500 tpd design capacity copper flotation processing plant. 

Mount Milligan has an estimated mine life of 22 years.

Kwanika

Kwanika is an advanced stage copper-gold porphyry project located near infrastructure in a politically stable jurisdiction. 

Kwanika's resource estimate includes a high-grade, well defined domain within the Central Zone on the property, which is currently undergoing a Pre-Feasibility Study fully-funded by strategic partner POSCO DAEWOO Corp. with scheduled completion Q2/2019.

Lorraine

Lorraine is a copper-gold porphyry deposit (6.4 Mt indicated resource at 0.61% copper and 0.23 g/t gold,
and 28.8 Mt inferred resource at 0.45% copper and 0.19 g/t gold) in north-central British Columbia—one of the youngest known alkalic porphyry deposits within the Triassic-Jurassic Quesnel arc. The deposit is hosted by
the Early Jurassic Duckling Creek Syenite Complex, an alkalic multiphase intrusive dike complex of pyroxenite,
syenite, and monzonite composition.

Endako

The Endako deposit is
one of the largest porphyry molybdenum deposits in the North American Cordillera.

Endako is a low-fluorine porphyry molybdenum deposit, characterized by a stockwork of molybdenite-quartz veins associated with calcalkaline granitic rocks.  Mineralization is associated with the youngest, most evolved phases of the Triassic–Jurassic Endako batholith. With mineralization being latest Jurassic in age, it is also one of the oldest porphyry molybdenum deposits in the North American Cordillera.
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