Mineral Resources

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The CuMo Project is situated in the mountains of south-central Idaho. There is excellent, year-round road access from Idaho City, located just 15 miles southwest of the property.

The property comprises a total of 344 claims covering an area of 28.7 sq. km, and an exploration permit has been issued for drilling.

Metallurgical test work 1 indicates excellent recoveries (+90% MoS2). More significantly, the tailings were found to be clean and non-acid generating which will lead to major cost savings and a reduction in environmental concerns.

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(Source: Resource Tables in Giroux et Al’s NI 43-101 Summary Report on the CuMo Property, Boise County Idaho dated October 2015. RCV is Recovered Metal Values and is based on the prices of: Molybdenum oxide $10/lb, Copper $3.00/lb and Silver $12.50/ ounce.)

The current resources for the project can be examined interactively at various metal prices HERE.

1  For details see section on Mineral Processing and Metallurgical testing Giroux et Al’s 2015 report.

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