Resource World Magazine

A P R I L / M A Y 2 0 2 0 www.resourceworld.com 31 SOUTHERN BC A lthough mainly focused in Nevada, Abacus Mining & Exploration Corp. [AME-TSXV; ABCFF-OTC] also has a 20% ownership interest in the advanced stage Ajax copper-gold project near Kamloops. The project is managed by KGHM Polska Miedź S.A. [KGH-Warsaw], which holds the remaining 80%. KGHM has recently begun the process of re-engaging the project with a view to resubmitting the previously unsuccessful environmental application for the project. Academy Metals Inc. [AM-TSXV] holds claims in the Phillips Arm Gold Camp, approximately 200 km northwest of Vancouver. The company has two proj - ects: Margurete and Hewitt Point, the latter being the subject of an exploration program last summer that followed up on anomalous gold, silver and base metal values revealed previously. All told, 27 short holes aggregating 40.85 metres were completed, with the highest gold values reported to be 8.62 g/t gold and 3.8 g/t silver over 38 cm. The project is on strike with the past producing Doratha Morton gold mine which produced gold and silver in the 1930s. At least three target zones have been identified on the Margurete claim. Affinity Metals Corp. [AFF-TSXV] released assays from the late fall drill pro - gram conducted on the 100%-optioned, 8.800-hectare Regal property encom- passing the northern end of the prolific Kootenay Arc approximately 25 km north- east of Revelstoke. The property hosts multiple past-pro- ducing mines, including the Regal Silver, Allco Silver and the Snowflake Mine. Along with numerous high-grade inter - cepts in multiple holes, a significant new silver discovery was made in the ALLCO area with drill hole #10 intersecting 11.10 metres of 143.29 g/t silver, including 0.55 metres of 2,612.0 g/t silver. This intersec- tion also carried zinc (2.89%) and lead (6%) with some copper (0.66%). Twenty-one holes were drilled totaling 1,846.35 metres. The drilling was divided over two sepa- rate target areas with 10 holes from two separate drill pads allocated to testing two areas within a graphitic argillite/limestone contact in the ALLCO area. Part of Hunter Dickinson Group, Amarc Resources Ltd. [AHR-TSXV; AXREF- OTCQB] is advancing its 100%-owned IKE, DUKE and JOY porphyry copper deposit projects in southern, central and northern BC. Each of the three projects is located in proximity to industrial infrastructure – including power, highways and rail. According to Amarc, these projects repre - sent significant porphyry gold-copper and copper-molybdenum deposit potential. Amarc's JOY Project covers the northern extension of the prolific Kemess porphyry gold-copper district. Copper Mountain Mining Corp. [CMMC-TSX; CPPMF-OTC; C6C-ASX] continues to produce from its flagship porphyry copper mining operation near Princeton. The mine produces approxi - mately 100 million lbs of copper equivalent per year. With a modest mill expansion and integration of New Ingerbelle, the mine is expected to have a 31-year mine life and produce an average of 116 million pounds of copper equivalent per year. Eagle Plains Resources Ltd. [EPL- TSXV] operates in Western Canada exploring for gold, base-metals, uranium, rare earth elements and industrial miner - als. The company is somewhat of a hybrid in the business, placing an emphasis on project generation. The primary objective of its business model is to create partner - ships with other companies to advance the company's exploration projects. Partnering companies may earn an interest in an Eagle Plains project by conducting exploration work in addition to making cash and share payments. Eagle Plains also generates rev - enue through Terralogic Exploration Inc., a wholly-owned subsidiary. Endurance Gold Corp. [EDG-TSXV; ENDGF-OTC] is focused on the acquisition, exploration and development of highly prospective mineral properties in North America with production potential. The company can earn a 100% interest in the Reliance gold property located five km east of Gold Bridge and 10 km north of the Bralorne-Pioneer gold mining camp which has historically produced over 4.0 million ounces of gold. Diamond drilling in 2008 targeted the Imperial Zone, returning assays of 13.30 g/t gold over 4.20 metres, 7.05 g/t gold over 5.06 metres, 5.70 g/t gold over 12.05 metres, 5.43 g/t gold over 15.35 metres, and 2.16 g/t gold over 12.13 metres in five drill holes. A sample program, last year, on the Royal Shear Zone confirmed encourag - ing gold values on surface. Highlights of the results included: 10 g/t gold over 5.0 metres at the Imperial Zone and 4.6 g/t gold over 2.0 metres at the Senator Zone. Plans for 2020 include mapping, rock sampling, channel sampling, and soil sampling. A diamond drilling program is planned for the summer. Vancouver-based copper-gold explo - ration company, EnGold Mines Ltd. [EGM-TSXV], is focused on its 100%- owned Lac La Hache property in BC's Cariboo region. The Spout deposit, the Aurizon Gold Zone and the 2017 G1 Discovery, located within a 7-km area on the property, are said to represent poten - tial underground minable targets. The 25,750-hectare property covers multiple drilled prospects that suggest the presence of a large, alkalic porphyry cop- per system similar to several other mines and deposits. EnGold recently acquired an option to purchase 100% of the Tam property which comprises 875 hectares of mineral claims adjoining the Lac La Hache property and directly east of the Aurizon Gold Deposit. Ethos Gold Corp. [ECC-TSXV; ETHOF- OTCQB] is a well-financed company with the ability to leverage its strong balance sheet and fiscal reputation for the com - pany's various exploration ventures. Mineral projects are held by the company in BC, Québec and Nevada. The compa- ny's 6,715-hectare Perk-Rocky property is located approximately 170 km west of Williams Lake. According to Ethos, the property has bulk tonnage Cu-Au poten- tial along with high-grade gold potential. A several kilometre long surface expres- sion of copper-gold mineralization and

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