Granduc Mine
The Granduc Mine is a historic copper producer in NW B.C. Significant resources (non compliant NI43-101) remained in place at the time of the closure. The property produced 420 million pounds of copper mined across approximately 750 meters strike length until the mine closed due to low copper prices in 1984. Bell Copper has extended the strike in excess of 4 kilometers and is targeting +25 million tonnes of +1.8% Cu.
Project Snapshot
- November 5, 2004 - Acquired property
- May 25, 2005 - Perform airborne geophysics program
- August 31, 2005 - Increase land holdings 6 fold based on geophysics interpretation
- December 14, 2005 - Phase I drilling - significant copper intersections of up to 3.92% Cu and extends strike 800 feet south from historic mining zone
- August 3, 2006 - Surface exploration discovers new mineralized zone (JK zone) 4km north of Phase I drill program
- August 17, 2006 - Phase II drilling - extends mineralized strike at least 770 meters south of historic mining zone, when combined with Phase I drilling demonstrates potential +4 km strike length
- January 30, 2007 - Phase II drilling at new discovery zone (JK Zone) demonstrates typical Granduc-style mineralization
Work Plans 2008
- Tunnel Rehabilitation
- Surface drilling
Future Milestones
- Infill drilling to accommodate NI43-101 resource
- Feasibility Study
- Production
NI43-101 Report on the Granduc Mine
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