MAC ENDNOTES
MAC is comprised of a high-quality Mo, Cu deposit with excellent new discovery potential.
The Property has TWO components;
The 1st is an advanced 248kt Molybdenum - Copper porphyry deposit with the potential to be developed into a world-class deposit and ultimately, a low-grade open-pit mine similar the Endako Mine.
The 2nd is the potential major awaruite nickel deposits. The results to date, speak volumes about the discovery potential for a similar nickel deposits to FPX’s Baptiste Deposit. Please see the MAC Property Reports page for details.
The Measured & Indicated + Inferred resources of MAC’s Camp Zone Deposit amount to 262,500,000 lbs of Mo and 350,900,000 lbs of Cu and based on current metal prices on Dec. 07, 2024, equate to the following in-ground ore values by combining current indicated and inferred resources:
$11,025,798 Billion CAD (using $42.00 / lb CAD) for Molybdenum
$2,029,059,512 Billion CAD ($5.7819 / lb CAD) for Copper using a 0.035% cut-off
Total: $13,054,857,512 Billion CAD
($9.14662 Billion USD)
Question: At what point does the market realize the potential of this deposit?
The infrastructure supporting FPX’s Baptiste awaruite nickel deposit is set to be established as it transitions into a mine in the coming years. Additionally, the Prince Rupert Transmission Pipeline will traverse the southern edge of the MAC Property, providing enduring access and infrastructure. With its dual potential for Mo/Cu and awaruite nickel mineralization, the MAC Property is poised to become an extremely valuable asset. These planned infrastructure upgrades are expected to significantly lower future CAPEX requirements, strengthening the case for continued exploration and development across the entire property.
Infill and delineation drilling on the Camp Zone are expected to upgrade much of the current Inferred Resources to the Measured & Indicated category. Additionally, exploration of the Pond & Peak Zones is anticipated to further increase MAC’s resource estimate toward the 350kt level, surpassing most molybdenum deposits in Canada. Notably, the Camp Zone's Mo - Cu ratio of approximately 77% and 23% makes MAC unique as a molybdenum deposit where copper serves as the by-product, contrary to most conventional mines, where it is the inverse. Drill targets have been outlined from the results of a geochemical sampling program over the contact area of a Southern intrusive source approximately 20x larger than the Camp Zone intrusive.
The MAC Deposit grades are undeniably economically viable, contrary to certain perceptions. The copper component also adds significant value to the deposit ($CAD > 2.029B) when calculated into Molybdenum Equivalent (Mo Eq.) or Copper Equivalent (Cu Eq.) grades, making the preliminary economics of this deposit extremely favourable when compared to many other major deposits in Canada.
MAC also boasts an excellent high-grade core of 16.865 million tons @ 0.104% Mo & 0.16% Cu, which would make for a very nice starter pit that could also be used for blending & averaging production grades.
In recent news, Moon River Capital Ltd. announced its acquisition of a 25% interest in the Endako Molybdenum Mine, indicating promising developments in the Molybdenum Mining markets.
Moreover, the Prince Rupert LNG Gas Transmission Project, recently acquired by the Nisga’a Nation, is planned to cross the bottom of the MAC claims which should also work to enhance infrastructure in the MAC Property's vicinity, further bolstering its potential and value.
The area of proposed 10-hole drill program (above) depicts a Southern Intrusive 20x larger than the Camp Zone Intrusive
The 2nd component is the MAC Nickel;
This claim block is comprised of more than a 16 km x 3.5 km strike of the SAME ultramafic rock package (a result of cross-fault-shifting) hosting FPX Nickel’s World-Class Baptiste and Van Nickel Deposits. The results to date speak volumes about the discovery potential for similar nickel deposits. Please see the MAC Property Reports page for technical details.
BC Mining Properties also believes the potential value in ultramafic rock packages such as the MAC Nickel Property, will one-day become invaluable and should not be over-looked for a minute.
Please follow and review the following links, all of which help to support our thinking.
CARBON CAPTURE/SEQUESTRATION VIDEO
WEB LINKS
The MAC Property can Optioned in any of the following configurations;
1.) Nickel (awaruite), Cobalt Property - (5260 ha)
or
2.) Advanced - Molybdenum, Copper Porphyry Property - (2234 ha)
or
3.) Combined as a combination Ni, Co, Mo,Cu Property - (7494.37 ha)