Large Scale Copper Potential at the Pre Discovery Stage

  • Rae is less than 70km from Kugluktuk, a 24/7 airstrip and Port.
  • The district is best known for the ‘Coppermine River Group’ basalts which feature extremely high grade copper showings of >45% Cu
  • Rae is visually stunning with its wide spread chalcocite dominant vein systems
  • The area came to the attention of European explorers in the 17th Century when tools and idols made of native copper by the local Inuit were observed
  • Prospector Samuel Hearne reached the area in 1771 and reported finding a 2 kg copper nugget at surface
  • Numerous locations occur throughout the project area where native copper or copper sulphides are found disseminated in sedimentary rocks – native copper was identified during the field trip.
  • Modern exploration by Tundra Copper Corp. and Kaizen Discovery Corp between 2013-2015 reconfirmed the high grade volcanic hosted copper using modern lab techniques with several samples > 40% Cu and a 2015 exploration drillhole returned 28.97m at 0.57% Cu within the overlying sedimentary package, confirming the presence of sediment-hosted copper deposits.