RSS Feed
Red Hills, Arizona
| Target Commodity: |  | Cu(-Mo) |
| Partnership Status: | | Inmet Mining Corp. /Geo Minerals Ltd. option agreement |
| Land Position: | | ~7,461 acres; 248 U.S. unpatented lode mining claims, four Arizona Exploration Permits |
| Property Location: | | east of Florence, Pinal County, Arizona; west of Tortilla Mountains |
- Lies along broad belt of porphyry-copper mineralization that stretches from Globe-Miami (Phelps Dodge, BHP-Billiton) westward through the deposits at Ray (Asarco), Florence-Poston Butte (permitted by BHP in the 1990's), and beyond
- Upper portions of a porphyry copper system outcrops at surface just east of BCE land position as veins with copper oxide-minerals and intense quartz-sericite-pyrite (QSP) alteration developed in and around a swarm of Laramide porphyry dikes that cut older Precambrian granites (Unites States Geological Survey records report historic non-43-101 compliant resource of 20,000,000 short tons with 0.8 percent copper, with a broader resource of 500,000,000 short tons with 0.1 percent copper)
- New structural work by BCE geologists demonstrates that Tertiary faults have dramatically dismembered and extended district, rotating the mineralized crustal blocks ~90 degrees
- BCE has interpreted the location of deeper levels and more prospective portions of the porphyry copper system to lie beneath gravel cover rocks on the BCE land position
- 2008 drilling intersected 210 feet (64 meters) of exotic copper mineralization and was terminated before reaching bedrock due to loss of drill circulation; continued drilling at this and other sites is planned