Canada One Provides Review of Exploration at Haul Road Zone, Copper Dome Project
Executive Summary
- Canada One Mining reports significant exploration results from the Haul Road Zone, highlighting high‑grade copper–gold intercepts and extensive mineralized corridors near the operating Copper Mountain Mine.
- Key assay highlights include a 0.5 m chip sample with 0.89% Cu and 4.8 g/t Au, a secondary vein sample with 1.3% Cu and 4.98 g/t Au, and rock samples up to 93.3 g/t Au.
- The company plans to advance the zone toward drill‑ready target definition, leveraging its five‑year drill permit and proximity to existing infrastructure.
Key Details
- Location: ~1.5 km south of Copper Mountain Mine; central portion of the 100% owned Copper Dome Project, Princeton, B.C.
- Reco Prospect
- Chip sample (0.5 m): 0.89 % Cu, 4.8 g/t Au, 1.9 g/t Ag.
- Chip sample (1 m, north end): 0.40 % Cu, 0‑0.88 g/t Au, 2.9 g/t Ag.
- Secondary quartz‑carbonate vein chip: 1.3 % Cu, 4.98 g/t Au.
- Historical sampling (1940s) reported up to 17 g/t Au.
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2023 rock sampling (11 samples): Cu 0.14–1.93 %; Au 0.14–93.3 g/t.
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St. Louis Prospect
- Sulphide halo ~600 m long, 200‑300 m wide; >1 % sulphides as disseminations/fillings.
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Historical grab/chip samples (11): Cu 0.003–0.039 %; Ag 0.1–0.4 g/t.
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Johnston Showing
- Two rock samples (2023): 2.7 % Cu, 0.33 g/t Au; 0.71 % Cu.
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Backpack drilling intersected altered microdiorite with malachite/azurite; Cu assays 0.10–0.39 %.
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Enterprise Showing
- Trench chip (10 m): 0.11 % Cu, 0.038 g/t Au, 0.4 g/t Ag.
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Two rock samples (2023): 0.74–0.80 % Cu, 0.18–0.27 g/t Au.
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Elk No.1 Showing
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K‑feldspar pegmatite veinlets (up to 12 m long, 8 cm wide) with malachite and bornite mineralization; mapped historically.
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Infrastructure & Permit
- Five‑year drill permit already in place.
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Proximity to Copper Mountain Mine provides access to existing road, power, and support infrastructure.
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Historical Work on Property
- 51 km IP geophysics, airborne magnetic/EM surveys over ~50 % of the property.
- 2,253 soil samples, 378 rock samples collected.
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8,900 m diamond drilling completed; >1 km trenching excavated.
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Management Comment
- Peter Berdusco (President & CEO) emphasized systematic work to advance high‑confidence areas, focusing on mapping, sampling, and geophysics while maintaining disciplined capital allocation.
Notable Quotes
“As we advance our systematic work at Copper Dome, the Reco, St. Louis, and Elk No.1 mineral occurrences within the Haul Road Zone outline a cohesive mineralized corridor along the Copper Mountain intrusive contact… maintaining disciplined capital allocation.” – Peter Berdusco, President & CEO
All technical information reviewed and approved by David Mark, P.Geo., Qualified Person (NI 43‑101).