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Projects

Redstone

Project Details

Location

Location

The Redstone Property is located in the Nahanni Mining District, Northwest Territories, 290 km south of Norman Wells and 300 km north of Watson Lake, Yukon Territory and comprises several discontinuous claims & leases stretching over approximately 100 km in a northwest southeast orientation.

The property has an historical resource estimate identified in the Coates lake area.

The property covers a broad plateau of gentle relief which drops gently to Silverberry River. The climate is severe, although the plateau is permafrost free.

Infrastructure

Access to the property is by chartered aircraft, either float or ski equipped airplane to Coates Lake, from Fort Simpson, Wrigley, Norman Wells or Watson Lake.

History

The Redstone property was extensively drilled in 1960-1980 by (1) Redstone Mines Ltd.: geological mapping and 45 diamond drill holes totalling 6,902 m (2) Cerro Mining Company of Canada Ltd: 3 diamond drill holes totalling 1,375 m (3) Shell Canada Resources Ltd.: 8 diamond drill holes for a total of 7,225 m

In 1990 Redstone Mines Limited carried out a complete data review, confirmation mapping, identification of drill targets and location of potential drill sites.

In 2005 Lumina Resources Corp. completed an exploration program and a regional geological evaluation of the Redstone copper belt.

Western Copper Corporation acquired Lumina Resources in November 2006.

Geology

The Redstone Copper Belt is an essentially unmetamorphosed succession that is locally well exposed in an arcuate belt less than 15 kilometres wide and about 300 kilometres long.

The Coates Lake Group unconformably overlies the Little Dal Group, a sequence of continental clastics and carbonates. The Rapitan Group, a marine succession of siltstones, debris flows and tillites, unconformably to conformably onlaps the Coates Lake and Little Dal Groups.

Copper mineralization is disseminated throughout the Coates Lake Group and Rapitan Formation, but the most economically significant occurrences are found in the eight copper-bearing beds of the Transition Zone.

Sediment-hosted stratiform copper deposits or "diagenetic sedimentary" copper deposits include some of the richest and largest copper deposits in the world.

Technical Disclosure

Scientific and technical information regarding the Company's Redstone property is derived from a technical report entitled "Technical Report on the Coates Lake Copper Deposit, Nahanni Mining District, Western Northwest Territories for Lumina Resources Corp." dated August 15, 2005 and prepared by A.W. Gourlay, P.Geo.