Black Pine Resources (The “Company”) is pursuing its strategic focus on porphyry copper-gold deposits and the development of long-life, high-value mines. Porphyry deposits are the primary source of copper, with porphyry copper-gold deposits typically returning the highest metal value per tonne among these deposits. The company’s focus is to be positioned within the industry due to the growing demand for copper, because of the decreasing global production of copper and several large copper mines nearing the end of their mine life, as well as the increased demand of copper from new industries, such as the growing electric vehicle industry.
The project has excellent potential to host +100 million tons of leachable copper with additional potential for copper-molybdenum mineralization at depth beneath the IP anomaly