Laverdiere Project

THE LAVERDIERE COPPER PROJECT

Drill-ready and easily accessible

  • Contains 5km x 8km of highly prospective, under-explored Cretaceous copper porphyry.
  • Situated at the tip of the Stikine Terrane in northwest BC.
  • Mineralization at the newly defined Valley Zone surrounds an impressive donut-shaped magnetic low geophysical anomaly measuring approximately 1km by 1.2km across.
  • The anomaly is interpreted as a probable high-grade porphyry center.
  • A drill campaign is planned for Summer 2025.
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3-D depiction of modelled geology at the Laverdiere Copper Project highlighting the two main Target areas (Valley and Main) and the widespread distribution of significant copper grades at surface and along the Llewellyn Fault. Drillhole intercepts are reported as length weighted values and true width is unknown currently.

LAVERDIERE PROJECT HIGHLIGHTS VIDEO

Geology

In 2024, a 20cm thick east-west striking quartz vein grading 0.44 g/t Au and 0.83% Cu was discovered. Multiple other stringer-oriented northeast-southwest returned anomalous values for Cu and Ag.

The samples that generated interest in the Valley Zone at Laverdiere are summarized in Table 1 below, along with 2024 results. Historic highlights include samples 8801 and 8803, which returned values of 0.11g/t Au and 2.73% Cu, respectively. Samples collected in 2022 returned values up to 3.24% Cu and 3210 ppm Mo. In addition to the reconnaissance field program, the Laverdiere geological model was revisited and remodeled by Core Silver geologists over the Fall of 2024.

At the Laverdiere Copper Project, an extensive Cretaceous granodiorite intrusion hosts widespread Cu-Mo-Ag-Au porphyry mineralization over a 1.8km by 2.2km trend. The intrusion is associated with zones of very high-grade Fe-Cu-Au-Ag massive sulphide skarn that are exposed at surface along the western flank of the prolific Llewellyn Fault Zone (LFZ) at the porphyry-marble contact. In 2024, high-grade porphyry mineralization at the newly defined Valley Zone was structurally mapped and sampled, and updates to the Laverdiere Copper Project 3-D geologic model were completed.

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Various datasets from the 1973 Aeromagnetic (Rio Plata, 1973) and the 2021 VTEM (Geotech, 2021) Surveys showing overlapping, circular magnetic low geophysical responses, interpreted as a zone of increased hydrothermal alteration coinciding with a high-grade porphyry centre at the Laverdiere Copper Project. The 2021 Calculated Vertical Gradient (CVG) data show multiple, grouped donut-shaped magnetic lows at the Valley Zone that may represent clustered porphyry centres.

Drilled and mapped high-grade copper-bearing skarn mineralization at Laverdiere is coincident with embayments in the contact zones of the expansive Cretaceous intrusions on the west side of Hoboe Creek. A large unexplored embayment in the intrusion is mapped 8km to the south of the to-date explored zone at Laverdiere and is in contact with Boundary Range metamorphic rocks at this location. Apophyses of the larger granodiorite intrusion are also mapped in contact with limestone and marbles amenable to massive sulphide skarn mineralization approximately 7km to the southwest of the known zones of high-grade porphyry-skarn mineralization.

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Mineralization

  • 2022 drilling confirmed high-grade copper skarn and porphyry mineralization for over 1 km following the north-south trend of the Llewellyn Fault along the eastern edge of the Laverdiere porphyry. The top drill intercepts obtained from the Main Zone in 2022 include:
    • LAV22-006 (North Adit) – 107.38m of 0.11% Cu, 0.023% Mo, 0.9g/t Ag, 0.02g/t Au from 144.62m.
    • LAV22-001 (French Adit) – 267.05m of 0.17% Cu, 1g/t Ag, 0.04g/t Au from surface, including 48.54m of 0.90% Cu, 6g/t Ag, 0.11g/t Au from 31.46m depth.
    • LAV22-002 (French Adit) – 223m of 0.11% Cu, 0.006% Mo, 2g/t Ag, 0.05g/t Au from 15m depth, including 54m of 0.19% Cu, 0.002% Mo, 3g/t Ag, 0.12g/t Au from 173m depth, and 24.42m of 0.32% Cu, 0.005% Mo, 4g/t Ag, 0.12g/t Au from 207.23m depth.
    • LAV22-005 (South Adit) – 83.22m of 0.12% Cu, 0.016% Mo, 0.8g/t Ag, 0.03g/t Au from 6.9m depth.
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  • LAV22-002 – intersected porphyry copper-molybdenum mineralization at the Main Zone at true depths of up to 350m. Considering the 700m elevation change between the Valley and Main zones,there is a high probability of intersecting over 1km of copper-gold porphyry mineralization by drill-testing the Valley Zone.
  • Historic adits driven into the massive and high-grade copper skarn at the Main Zone in the early 1900s returned up to 1.20% Cu over 27m and historic drill assays report 175m of 0.24% Cu obtained 100m north of the French Adit in 1974.
  • The Project is also considered highly prospective for shear-hosted gold mineralization. The first drill hole completed at the Laverdiere Project in 2022 (LAV22-001) was drilled steeply east to test the LFZ and intersected quartz-carbonate-pyrite veins in deformed mafic volcanic rocks that returned 4.59g/t gold over 1.51m from 163.49m depth. The Llewellyn Fault (LFZ) is considered spatially related to gold mineralization along its entire length (>100km).