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Flagship Reclamation Cu Au Ag Zn

Mount Sicker

Our flagship near Duncan: a turn-of-the-century copper-gold camp that left more than 400,000 tonnes of mineralized waste rock at surface. This is where the model began.

1,800+haFlagship land package
4minesFormer producers
400,000+tWaste rock at surface
1895–1946Operating era
Overview

Mount Sicker

Near Duncan on Vancouver Island, Mount Sicker hosted four producing mines, Lenora, Tyee, Richard III and Twin J, operating from 1895 to 1946, with peak production in the early years. Working to cut-off grades as high as 8% copper, they left more than 400,000 tonnes of mineralized, acid-generating waste rock on the mountain.

Our grid sampling, hand-auger work and a 528 kg ore-sorting test confirm that this waste contains high-grade materials. The plan: mobile crushing and sorting on site, high-grade material shipped off-site, and an estimated one-to-two-year recovery program per area once permitted, closing open shafts and adits as we go.

Duncan, Vancouver IslandRoad-accessibleNo-chemical ore-sortingPermitting underway
Figure 1 · Mount SickerCu · Au · Ag · Zn
Mount Sicker map
Duncan, Vancouver Island, BC
What ore-sorting does

Average grades, before and after sorting.

From the 97-sample surface grid program and the 528 kg ore-sorting test (TOMRA XRT).

Au Gold
Before 1.86g/t
After sorting 6.43g/t
Ag Silver
Before 48.6g/t
After sorting 180g/t
Cu Copper
Before 1.22%
After sorting 4.92%
Zn Zinc
Before 3.05%
After sorting 8.7%

Roughly 58% of the test mass reported to the high-grade product. Waste is crushed and sorted on-site using a mobile system; only high-grade material and fines leave the property.

Investment Thesis

The Elevator Pitch

THE PROBLEM

High-sulphide waste

300,000+ t of historic mine waste containing gold, silver, copper and zinc (but also sulphur, arsenic and lead) sits in massive piles at surface, leaching contaminants into the surrounding environment.

THE SOLUTION

Ore-sorting

Utilizing well-established ore-sorting technology in a no-chemical, closed-loop process, >95%+ of sulphides can be removed from the waste to create a high-grade and valuable product.

THE BENEFIT

Recovery and remediation

High-grade material is removed and sold, the site is remediated, and a 100+ year "wasteland" returns to nature - critical minerals enter the supply chain with no new mining infrastructure or waste.

Recent work
The target

The waste piles, from above.

Two historic waste piles, Lenora and Tyee, with their portals and shafts mapped across the property.

Bird's-eye map of the Mount Sicker property showing the waste piles, portals and shafts
Waste rock

A walk across the waste piles.

Explore Mount Sicker's historic waste rock piles - Sasquatch's primary targets.

Results

Selected results.

Selected results from sampling and drilling across the project's targets.

Surface grid sampling
97 samples · waste rock
Waste rock
97 samples
1.86 g/t Au48.6 g/t Ag1.22 % Cu3.05 % Zn
Ore-sorting test
528 kg bulk · TOMRA XRT
Processing
528 kg
6.43 g/t Au180 g/t Ag4.92 % Cu8.7 % Zn
IncludingRoughly 58% of the test mass reported to the high-grade product.
Main Waste Pile
30 samples · hand & auger · 2–3 m depth
2026 Sampling
30 samples
3.95 g/t Au79.17 g/t Ag3.25 % Cu5.72 % Zn
Channel sampling
5 samples
Continuous channel
5 samples
5.6 g/t Au122.2 g/t Ag6.25 % Cu7.7 % Zn

Surface, grid, channel and ore-sort samples are selective by nature and are not necessarily representative of the mineralization across the property. Historical production and results were obtained by prior operators and have not been independently verified by the Company; they are not current mineral resources. Technical disclosure reviewed and approved by a Qualified Person under NI 43-101. See SEDAR+ for details.

Documents

Technical reports & downloads

Notable project news

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The recover-and-remediate model

A practical solution for a century-old liability.