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Canada One Mining (TSXV:CONE, OTC:COMCF, FSE:AU31) is an rising explorer targeted on the Quesnel porphyry belt, one in all Canada’s most prolific essential mineral districts. Its flagship Copper Dome undertaking, adjoining to the 45,000 t/day Copper Mountain mine (702 Mt at 0.24 p.c copper, 0.09 grams per ton gold, 0.72 grams per ton silver), provides brownfield porphyry copper potential with robust discovery upside.
The flagship Copper Dome undertaking is a 12,800-hectare, 100-percent-owned land bundle situated simply 1.5 km south of Hudbay Minerals’ Copper Mountain mine and 18 km from Princeton, British Columbia. With year-round highway entry, grid energy, water provide, and close by companies, the undertaking requires no camp or helicopter help and sits inside a three-hour drive of Vancouver.
Positioned within the decrease Quesnel porphyry belt—one in all Canada’s most prolific porphyry copper districts—Copper Dome provides compelling exploration potential. Backed by a totally permitted, five-year drill program, the undertaking is poised to ship near-term outcomes and game-changing catalysts.
Firm Highlights
- Flagship Copper Undertaking in Tier-1 Jurisdiction: 12,800 ha Copper Dome land bundle, adjoining to Hudbay’s Copper Mountain mine, one in all Canada’s most outstanding copper operations.
- Discovery Thesis: Porphyry cluster-style deposit potential; Copper Mountain deposit analogs common ~150 to 200 Mt.
- Logistics Benefit: 12 months-round entry, no camp/helicopters; 3 to three.5 hrs from Vancouver; pine-beetle-thinned cowl aids entry.
- Technical Uplift: Transitioning to four-acid digestion (business commonplace) vs. the historic three-acid will, on common, return materially excessive metallic values particularly the place minerals are extra proof against dissolution.
- Close to-term Catalysts: 5-year drill permits in place; upcoming geophysics, geochemistry and drill applications throughout a number of porphyry copper/gold zones.
- A number of Property in Canada: Along with Copper Dome, Canada One’s different exploration belongings embody the historic small-scale, past-producing Goldrop property and the Zeus gold undertaking.
- Valuation Upside: Market cap slightly below C$3 million offers vital leverage to discovery and exploration success.
- Capital Technique: Administration is not going to finance beneath $0.10; interim self-funding to reduce dilution.
- Skilled Management: Administration group is supported by useful resource veterans resembling Dave Anthony, head of the corporate’s advisory board, previous COO of Barrick Africa and present CEO of Assante Gold Company (TSX:ASE) with a $1.7 billion market capitalization.
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