Northern
Vancouver Island

Northern
Vancouver Island

District-Scale

An extensive property for substantial exploration potential.

New Geological Understanding

Fresh insights pave the way for innovative exploration strategies

Year-Round Exploration

Allows for continuous operations, maximizing productivity.

Excellent Access & Infrastructure

Previous explorations provide a solid base for further investigations.

Stable Political Environment

Ensures efficient operation and resource transportation.

A Strategic Cu-Mo-Au Porphyry

NIC Property

District-Scale

An extensive property for substantial exploration potential.

New Geological Understanding

Fresh insights pave the way for innovative exploration strategies

Year-Round Exploration

Allows for continuous operations, maximizing productivity.

Advanced Historical Work

Previous explorations provide a solid base for further investigations

Excellent Access & Infrastructure

Previous explorations provide a solid base for
further investigations.

Established Road Networks

Ports for Resource Transportation

Clean Power Resources for Sustainable Operations

A Hub of Rich Resources

Renowned for its resource-rich lands, Northern Vancouver Island boasts extensive historical and current forestry operations, along with significant copper production from the Island Copper Mine (BHP 1971-1995).

Notable active exploration programs and ongoing developments are led by Northisle Copper and Gold, Coast Copper, and Arcwest.

The Quatsino First Nations have modern policy and a history of accommodating respectful and sustainable exploration and mining activities within their lands

The Future of Porphyries in B.C.

Emerging
Upper Miocene Magmatic Trend

A newly recognized & underexplored magmatic trend and mineralization has been identified, representing B.C.’s youngest known porphyry belt.

The Klaskish Plutonic Suite (Klakish River) originated from plate-edge effects created by the subduction of the Juan de Fuca plate around 7 to 4.6 Ma.

Initial indications suggest an adakite composition to the
Klaskish River and Lois Plutons. Adakite rocks suggest fertile
source melt conditions with studies characterizing 43 large – scale Au-Ag-Cu-Mo porphyry deposits worldwide found that 38 are associated with adakites.

Exploration Target
Porphyry mineralization with Vancouver Island Gold Grades and Upper Miocene Size

Established Jurassic-aged (200-145 Ma) porphyry deposits on Northern Vancouver Island are endowed with moderate gold mineralization.

Upper Miocene (10-4 Ma) is a prolific time period of giant porphyry deposit formation in Central Chile and contiguous Argentina

Strong potential for porphyry-style Cu-Mo-Au mineralization in either the Miocene adakitic Klaskish Intrusives or the Jurassic Island Intrusives within the large NIC Property

A Rich History of Exploration, Great Future Potential

The NIC Property has a rich history of exploration, with encouraging historical results especially within its three main target areas.

Notably, road access only became possible in ~2001, opening up new exploration regions within the property and providing a
significant advantage.

Tent Target Area
Exploration Opportunities

Compliance Energy’s 2011 drilling uncovered porphyry-style mineralization, with 0.101% Cu over 185.1m in drill hole 11-NICN-04.

Recent Mapping by Teck (2021) revealed that mineralization is linked to a northeast-trending dyke swarm, in the same orientation as the 2011 drillholes.

Historical results and recent geological insights at the Tent Target Area, offer exciting opportunities for the continued exploration and potential discovery of valuable mineral resources.

There is a clear opportunity to potentially expand known mineralization through drilling perpendicular to the mapped dykes at the Tent Target Area

Exploration along promising magnetic features within and adjacent to the Klaskish pluton

Fang/Wilf
Target Area - Exploration

  • Historical work in 1974, 1984, and 2010 outlined numerous samples anomalous in Cu-Mo-Au over a broad area.
  • A recent short visit to the area in 2022 discovered new occurrences, including the DAD Showing which was found in a new road-Cut
The Fang/Wilf Target Area is southeast of the Klaskish Pluton as mapped by the BCGS. Historical operators mapped and describe the Klaskish pluton to extend through this target and continue to the southeast.

Berkshire/Iron Cop
Exploration

The Berkshire/Iron Cop Target Area is positioned in the southern segment of the NIC Property and northeast of the Late Neogene Lois Pluton.

Iron Cop Showing:

Originally discovered by Rio Tinto in the 1960s and further examined by Brinco in 1984 mineralization hosted in quartz veins with samples returning up to 24.2% Cu and 94.6 g/t Au. Notable drillhole intercepts include 0.558% Cu over 11.3 m
(IC84-1) and 0.341% Cu over 25.4 m (IC84-2).   Area is open for further exploration as there has been no reported work since 1991.

Berkshire Showing

Situated roughly 800 meters west of Iron Cop, the Berkshire Showing was discovered in 2010 and followed up with a small IP survey. Drilling in 2011 intersected 0.747% Cu and 0.213 g/t Au over 18.4 m (11-NICS-04). Further exploration is required to follow up on existing results which indicate substantial copper and gold mineralization.

NIC Property Magnetics
2010 Magnetic Survey

Magnetite creation and destruction in near-concentric alteration zones of porphyry systems often display circular anomalies in magnetic data. Both the Klaskish River Pluton and the Lois Pluton exhibit encouraging magnetic features in concert with anomalous Cu-Mo-Au samples

Reduced to the Pole
Magnetic Field Intensity
(Linear Color Distribution)— Major Lineament Overlay