Generative Properties

Coast Copper has acquired several mineral tenures which it is evaulating. These properties were staked in stratigically located areas of BC and include: 

1. 1. Rock Canyon South 
2. 2. Virginia Silver
3. 3. Ben Nevis
4. 4. Hanson
5. 5. Anyox Camp

Rock Canyon South Property (Southeastern BC) Rare Earth Carbonatite hosted flurospar, barite and rare earth elements

The road accessible Rock Canyon South property (393 hectares (“ha”)) is located 90 kilometers (“km”) northeast of Cranbrook and 45 km northeast of the Company’s Sully property. The property is located directly south and on trend of the Rock Canyon Creek carbonate-hosted rare earth, flurorite and barite deposit where fluorspar and rare-earth mineralization is stratabound, hosted mainly by the "basal Devonian unit", and occurs in a northwest trend over 3.5 km. In 1988, a carbonatite-related origin is suggested for the fluorite and rare-earth mineralization, resulting from metasomatically altered (fenitized) Devonian carbonate rocks, possibly related to a deep-seated alkaline intrusion. Fluorite content generally varies from 2% to greater than (“>”) 10% of the rock. In 1986, a sample of brown-altered carbonate with fluorite (R85DP-1A) contained 1% cerium, 0.98% lanthanum, 0.3% neodymium, 0.058% thorium and 0.03% samarium ². Fluorite occurrences have been previously mapped across the Company’s newly acquired property and appear to be along similar geological trends as the Rock Canyon deposit ³.

Virginia Silver Property (Northwestern BC) High grade silver- lead-zinc +/- gold veins

The road accessible Virginia Silver property (371 ha) is located approximately 34 km north of Smithers and 5 km east of Morristown located on Highway 16. The Virginia Silver property is geologically similar to the Company’s high-grade silver-lead-zinc +/- gold vein Sweeney property located 140 km to the southeast in the Huckleberry Camp.  

The property has been intermittently explored since 1968, including: 

• -Silver Standard Mines aggressively worked on the property in 1968-69, driving two exploration adits totaling 152 meters (“m”) and drilling 22 short diamond drillholes. Silver Standard’s engineer at the time estimated a historic, non-43 101 compliant resource of 27,213 tonnes grading 708 grams per tonne (“g/t”) (25 ounces per ton) silver⁴ ⁵ based on detailed underground channel sampling and drillhole data.
• -In 1975, Paul Kindrat leased the property, shipping 226 tonnes from stockpiles on the property of hand sorted ore that reported 696,952 grams silver (22,408 ounces) and 401 grams gold (12.9 ounces) ⁵.
• -In 1977 Barriere Exploration leased the property and installed a 50 ton-per-day mill. Two shipments of concentrate were shipped in 1980-1981, before the mill was shut down in December of 1981. The mine and mill were decommissioned in 1990.
• -The property was restaked in 1999 by George Braun who completed an 11-line km ground electromagnetic survey in 2001.
• -In 2006 and 2007, Endurance Gold optioned the property, staked the Annie claims, completed a soil geochemical program and drilled 3 diamond drill holes south of Causqua Creek. Two holes, VAG-1 and VAG-3, intercepted the targeted vein material. Hole VAG-1 was a vertical hole and intersected a 0.20 m thick carbonate vein at 80.60 m depth, grading 121 g/t silver and 0.186 g/t gold ⁵.
• -In 2007, Mega Silver Inc. optioned the property from Endurance Gold and in 2008 completed an exploration program of ground Induced Polarization (“IP”) geophysics and six diamond drill holes focused south of Casqua Creek. The drill program was designed to test a number of large deep (>200 m) IP geophysical conductors, which appear to be associated with zones of secondary tourmaline. Most of the 2008 drillholes intercepted significantly anomalous to mineralized vein material.

Ben Nevis Property (Southwestern BC) Hydrothermal gold veins

The road accessible Ben Nevis property (1,980 ha) is located 30 km southeast of the town of Goldbridge in the Bralorne Gold Mining Camp and is immediately adjacent to the southeastern corner of Talisker’s Bralorne property¹. In 1980 and 1981, Dupont of Canada Exploration Ltd. conducted programs of prospecting, geological mapping and rock, soil and stream sediment sampling. Soil values up to 0.9 g/t gold and stream sediment values up to 2 g/t gold were obtained ⁶. In 1987, two heavy mineral stream sediment samples collected by British Lion Mines Ltd. produced values of 1 and 7 g/t gold in coarse fractions ⁶. In 2020, S. Boughey conducted a structural photo interpretation of the Ben showing area.

The conclusions of the 2020 work were that the broad and intermediate regional lineament analyses show that the property is located proximal to intersections of major regional structures, which are likely deep penetrating and could be important in localizing mineralizing magmas and their related hydrothermal systems. At the property scale, smaller scale conjugate linears are seen to branch off of the major regional structures and a focus on exploring along these features, with an emphasis on their intersections will be important for planning future work programs at Ben Nevis. Future programs should focus on prospecting, trenching and sampling of material within the north-northwesterly trending depression in attempts to find the source of high-grade gold mineralization identified by historic geochemical surveys ⁷.

Hanson Property (Northwestern BC) Porphyry copper-molybdenum-gold (see news release dated December 10, 2024)

The road accessible Hanson property (1,965 ha) is located 150 km west-northwest of Prince George in the Babine Region and 25 km north of Centerra Gold Inc.’s Endako molybdenum mine¹. The property is within the southern portion of the under explored Stikine Terrane, one of BC’s most prolific copper molybdenum-gold belts which includes Glencore Canada Corp.’s past producing Bell and Granisle mines, the Endako mine and Pacific Booker Minerals’ advanced stage Morrison deposit¹. In addition, new discoveries and active exploration programs on the north part of the belt by American Eagle Gold at its NAK copper-gold porphyry and Amarc Resources/Boliden Minerals at their Duke copper-molybdenum porphyry ¹ provide evidence of continuing success in the area.

Highlights of the historical compilation include⁸:

• -Copper soil anomaly > 80 parts per million (“ppm”) covering an area over 900 m by 600 m to the west of the known Kimura Zone, and a separate anomaly 450 m by 250 m zone to the northwest of the known Kimura Zone;
• -Zinc soil anomaly > 1,000 ppm covering an area of 700 m by 250 m (on the current Property);
• -Percussion drillholes completed in 1973 returned 0.1% copper on the outskirts of the copper soil anomaly;
• -Diamond drillholes completed in 1990 returning 0.2% copper and 0.1 g/t gold over 15 m and 22 m (DDH-90-20 and DDH-90-3 respectively);
• -Geophysical chargeability anomalies over 1,000 m in two areas.

Additional Acquisitions (Northwestern BC) High grade silver-lead-zinc +/- gold veins

The Company has acquired additional mineral claims within the Anyox camp and adjacent and internal to Goliath Resources Ltd.’s Golddigger property area in the Golden Triangle. More details on these properties will be released once the Company has had time to review the historical data in context with today’s knowledge.

December 10, 2024: Coast Copper Announces Exploration and Corporate Update

January 21, 2025: Coast Copper Continues Strategic Acquisitions through Staking and Announces Hanson Property Update