CSE: ALCU | OTC: ALCUF

CSE: ALCU

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CSE: ALCU
OTC: ALCUF

CSE: ALCU
OTC: ALCUF

OKEOVER PROJECT

LOCATION

Situated on the south coast of British Columbia 25 kilometres north of Powell River’s deep water port facilities and 145 kilometres northwest of Vancouver, the Okeover (“OK”) Property comprises 11 mineral claims totaling 3,950 hectares.

 

Well established forestry roads provide access to the property giving ready low-cost access to drill crews and equipment.

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HISTORY

  • Copper and molybdenum mineralization was originally discovered in creek bottoms in the central part of on the Okeover Property  in 1965
  • Between 1966 and 1977, seven companies including Noranda and Falconbridge carried out a number of geological, geochemical and geophysical surveys which included 13,831.5 metres of diamond drilling in 82 holes
  • The recent history of Okeover (aka: OK property) started in 2003 when Eastfield Resources Ltd. optioned and subsequently earned a 100% interest.  This interest eventually was purchased by a subsidiary of Northwest Copper Corp.
  • Drilling completed between 1966 and 2008 totaled 104 diamond drillholes (18,202 metres) and 12 percussion holes (728 metres)
  • Airborne geophysical surveying was completed in 2004 along with further drilling and sampling in 2006
  • A flagged grid consisting of 15 lines at roughly 100 metres intervals was established off part of the original survey baseline.
  • A total of 499 soil samples were collected at 25 metres intervals along the flagged lines and submitted for 4-acid digestion and the subsequent determination of 35 major and trace elements (including copper and molybdenum) by ICP — emission spectrographic procedures.
  • Enhanced copper and molybdenum values were found throughout the grid area with the highest values being 1,244 ppm (parts per million) copper and 534 ppm molybdenum.

TARGETS

In recent years the exploration focus has shifted to ground-based target generation as opposed to drilling in the North Lake Zone (86.8 million tonnes grading 0.31% copper and 0.014%MoS2).

Since inception in 2010, 1,923 soil samples and 377 rock samples plus 28 kilometres of induced polarization surveying and 10 additional kilometres of grid were established.

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CSE: ALCU | OTC: ALCUF

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