The Company has been actively exploring the Buck Project since 2020 where it has focused on investigating the lateral and vertical extent of epithermal-related gold-silver-zinc mineralization at the Buck Main system where over 34,500 metres of diamond drilling in 98 diamond drill holes have been completed. The Company has also defined additional drill targets across the entire land package that warrant drill testing.
The known mineralized footprint at Buck Main shows strong near-surface grade continuity and currently measures over 1.1 kilometres in strike length and 700 metres in width. Latest drill testing in 2023 intersected mineralization outside the known footprint, supporting the zone’s further potential for expansion.
Location & Infrastructure
The ~52,000 hectare tenure package is located just 10 kilometres south of the town of Houston in central British Columbia.
The closest regional airport is in Smithers, located ~60 kilometres to the northwest along the Yellowhead Highway (Hwy 16).
The property lies in a mining-friendly jurisdiction with excellent infrastructure, including electrical and gas utilities, airports, railways, highways and excellent road access.
The property is located west of Newmont’s past producing Equity Silver Mine, and north of Imperial Metals’ Huckleberry copper mine, which was in operation until 2016 and is currently on care and maintenance.
The Buck Project shows geological similarity to Artemis Gold’s Blackwater Gold Mine, located around 170 km to the southeast, which is currently under construction and expects to be in production by late 2024.