Resource World Magazine

20 www.resourceworld.com J U N E / J U L Y 2 0 1 9 COPPER Copper Mountain Mining Corp. [CMMC-TSX; CPPMF-OTC; C6C-ASX] has a 75% interest (Mitsubishi Materials 25%) in the open pit Copper Mountain Mine near Princeton, about 300 km east of Vancouver, British Columbia. Plant throughput is expected to increase to 45 ktpd in 2020 with the installation of a third ball mill. With the plant expansion, average annual production is expected to increase to 116 million pounds of copper equivalent from 90 million pounds of cop - per equivalent. Based on reserves only, and with the integration of New Ingerbelle 1 km from the Copper Mountain Mine, mine life is expected to be some 26 years. Further potential exists through upgrading resources to reserves and more exploration. Copper Mountain also has two copper projects in Queensland, Australia: Eva and Cameron. Eva is permitted and develop - ment ready and Cameron, 30 km south of Eva, is exploration stage. Cornerstone Capital Resources Inc. [CGP-TSXV; CTTXF-OTC; GWN-Germany] reports that, at its 23%-owned Cascabel copper project in northwest Ecuador, the 2019 drilling campaign along the greater Alpala trend provided further growth to the Alpala deposit at Alpala NW, Trivinio, Alpala Western Limb and Alpala South. Potential at Trivinio was bolstered by hole 93 intersection: 862 metres at 0.43% copper equivalent (0.32% copper and 0.16 g/t gold from 1,314 metres depth/345 metres true width), 520 metres (true width 208 metres) of which lies outside the exist - ing inferred resource area. Alpala North mineralization is open to the north, as shown by hole 75 intersection: 1,918 metres at 0.53% copper equivalent (0.41% copper and 0.19 g/t gold. There was a discovery at Alpala Northwest. Hole 86 intersected 318 metres at 0.67% copper equivalent (0.54% cop - per and 0.22 g/t gold from 1,052 metres depth/127 metres true width, including 100 metres at 1.34% copper equivalent), that highlights potential for resource extension. Alpala South mineralization remains open to the south and toward sur - face, as revealed by hole 89 intersection: 420 metres at 0.61% copper equivalent (0.43% copper and 0.30 g/t gold from 334 metres depth/168 metres true width). Kutcho Copper Corp. [KC-TSXV; KCCFF-OTC] completed an independent updated resource estimate that will be used as the basis for its upcoming Feasibility Study on its 100%-owned Kutcho high- grade, copper-zinc project 100 km east of Dease Lake, northern British Columbia. In total, the Main, Esso and Sumac deposits host measured and indicated resources of 17,259,000 tonnes grading 2.61% copper equivalent (1.85% copper, 2.72% zinc, 0.49 g/t gold and 33.9 g/t sil - ver). Inferred resources stand at 10,706,000 tonnes of 1.67% copper equivalent. The company says that four excellent targets exist on the Kutcho Project located between, below or along strike from exist - ing resources. Trilogy Metals Inc. [TMQ-TSX, NYSE American] is exploring and developing their 100%-owned, advanced stage, Upper Kobuk Projects in the Ambler District about 470 km northwest of Fairbanks, northwest Alaska, the most advanced being the Arctic and Bornite projects. These VMS deposits are polymetallic – copper, zinc, lead, gold and silver. The Bornite Projects hosts 40.5 million tonnes grading 1.02% copper, for 913 mil - lion lbs copper and 141.9 million tonnes of 1.74% copper, for 5,450 million lbs cop- per. Inferred cobalt resources are 182.4 BASE METALS project profiles by Ellsworth Dickson

• Cover