The Black Butte Copper Project is located approximately 20 miles north of the community of White Sulphur Springs in central Montana, U.S.A., and is approximately 100 miles south from Great Falls, MT.
The Black Butte Copper property consists of approximately 12,000 acres of both long-term mining leases on private ranch lands and 100%-owned federal mining claims. The property has maintained gravel road access and is within two miles of an all-weather highway. The property is also near a high-voltage power line and is 50 miles from rail service.
The copper-cobalt-silver deposits at Black Butte Copper occur in extensive shale-hosted bedded sulphide zones. These sulphide zones contain copper, cobalt, silver and barite, and occur at multiple levels throughout at least 750 meters of stratigraphy. Some zones show great lateral extent and some reach over 100 meters thick.
The company has updated its Preliminary Economic Assessment which focuses on the new Johnny Lee Measured and Indicated resources, due to the apparent higher grades achieved after additional drilling. The company has also submitted an application to the Montana Department of Environmental Quality for an amendment to its Montana Exploration License to include construction of a 1500 meter exploration decline to access the Johnny Lee Upper Zone deposit.