TSX-V:
BXR
BLUE RIVER RESOURCES LTD.
Castle Copper Project
Photo below shows proximity to Copper Mountain Mine
US: BRVRF
FRANKFURT: 0BL
The Castle Copper Project is located 25 km north of British
Columbia’s newest copper mine, Copper Mountain Mining,
Princeton BC. It is situated on the Nicola regional fault, the
geological feature that appears to control copper mineralization
in the Copper Mountain/Princeton area.
The property is located within the Quesnel Trough Copper Belt,
which hosts the Copper Mountain Mine and Highland Valley
Copper (Canada’s largest copper mine).
The Company’s mining claims total 8,000 hectares
(20,000 acres) and is one of the largest land positions
in this highly prospective area. Blue River conducted
a 3,500 ft. diamond drill program in 2011, resulting in
copper mineralization in eight of the nine holes, with one
intersection of 600 ft. grading 0.04% copper and 120 ft.
grading 0.16% copper. These results were very encouraging,
indicating the potential for a large mineralized system on the
Castle Project.
The Castle project is located directly to the north of Sego
Resources, who reported a drill result in February 2012 of 300 ft.
of approximately 1% copper. Additional drilling, mapping and
geophysics are scheduled for the Castle Project.
Castle Copper
Project
Regional map showing fault lines passing through Castle property
Blue River Resources Ltd.
501-525 Seymour Stree
Vancouver, BC
Canada V6B 3H7
This document contains forward-looking statements regarding the
timing and content of upcoming developments. Actual results may differ
materially from those currently anticipated in such statements. The TSX
Venture Exchange has neither approved nor disapproved of the information
contained herein. No representation or warranty, expressed or implied,
is made as to the accuracy or completeness of any of the information,
statements or conclusions contained herein and all such information is
subject to change at any time. Any party reviewing this financial projection
should not construe its content as legal, tax or investment advice. This
financial projection does not constitute an offer of any security for sale
either in the United States or Canada, or in any jurisdiction. No person or
entity is authorized to make any representation otherwise.
Tel: 604-682-7339
Email: [email protected]
www.blueriv.com
MANAGEMENT TEAM:
Griffin Jones - President, CEO & Director
Catherine Edwards - Director
Paul Gray, P.Geo - Director
Nadwynn Sing - CFO, Director
Focused on Gold Exploration and Development in Cambodia, and
Copper Exploration and Development in the Quesnel Trough Copper Belt
ADVISORY BOARD:
Jonathan Soper P.Eng., Chairman
TSX-V: BXR | US: BRVRF | FRANKFURT: 0BL
www.blueriv.com
BLUE RIVER RESOURCES LTD.
COMPANY SNAPSHOT:
Banlung Concession, Cambodia
•
•
•
•
Cambodia is one of the last countries in the world that has
not had intensive modern exploration of its mineral resources.
This is about to change as Cambodia’s topography, geology,
government, and workforce are ready for the development of a
responsible mining sector.
Critical infrastructure such as roads, water and electricity is
steadily being advanced into the outlying areas. Low labour
costs help ensure cost effective mineral exploration and mine
production.
The Banlung Concession is 150 km2 of land where previous
exploration indicates the potential to host a large copper/gold
porphyry deposit. In addition, the property has several locations
where gold is recovered by panning during the rainy season.
Exploration in October 2015 discovered a 2 km2 surface gold
anomaly that has recently been expanded to a 4 km2 mineralized
zone from work conducted in April 2016. Work to date indicates
the potential for a significant gold deposit of 400,000 to 800,000
ounces grading 1.5 g/tonne. Breakeven has been estimated to
be 0.3 g/tonne gold. Blue River has entered into a definitive
agreement to earn an initial 50% interest in the Banlung Project,
with potential to earn up to a 70% interest.
Near Term Gold Target. The recently discovered surface goldmineralized zone totals 4 km2 and is approximately 6 metres in
depth, to bedrock. This zone was discovered by sampling 2,400
termite mounds over a 8 km2 area. The gold mineralization is
located within an alluvial plain. Blue River will auger drill the
surface gold mineralized areas within the underlying laterite/
saprolite to test for grade and consistency of the mineralization.
The samples will be analyzed by the current geological team and
assayed by a recognized lab. The cost of the drill program and
assays will be approximately $250,000.
Bulk Sampling. Bulk sampling will consist of a 10 tonne/hour
operation utilizing a compact, mobile concentrator. The average
grade is estimated to be approximately 1.5 g/tonne. There are
zones that have graded up to 5 g/tonne in samples.
Mining Operation. After determining the size and grade of the
deposit through auger drilling and bulk sampling, Blue River
will apply for an alluvial mining license (no cyanide). The initial
production target is 40,000 ounces of gold per year over a 12 to
20 year mine life. If the resource is doubled to 800,000 ounces,
production could be ramped up to 80,000 ounces per year. The
estimated capital cost of the mine is $800,000.
Long-Term Exploration Plans. All indications from the past
7 years of sampling and drilling show that the source of the
surface mineralized gold zone is a nearby porphyry copper/
gold system. The longer term exploration plan is to locate this
porphyry system on the 150 km2 property. Mining the deposit
through the alluvial operations and continued diamond drilling
of the area, will provide critical information about the potential
for the discovery of a large porphyry copper/gold deposit.
Summary. The gold mineralized area on the property has been
panned by local residents in the rainy season for the past 10
years. If the deposit averages 1.5 g/tonne gold and goes to
6 metres deep, there is excellent potential for a 400,000 to
800,000 oz. gold deposit.
Achieving gold production of 40,000 ounces per year and
splitting profits 50/50, allows Blue River to fund ongoing
exploration commitments on the project and pursue the source
of the gold mineralization on this 150 km2 property.
$3.5 Million Option Agreement w. Angkor Gold on Banlung License, Cambodia
Quesnel Trough Copper Belt one of the most prolific copper belts in the world
Mazama Deposit has historic resource of 1 billion lbs of copper
Castle Property located in close proximity to BC’s newest copper mine
TSX-V:
BXR
US: BRVRF
FRANKFURT: 0BL
The Quesnel Trough Copper Belt of British
Columbia and Washington is recognized as one of
the most prolific copper belts in the world, having
outstanding potential for bulk-tonnage copper
deposits. Currently eight copper/gold mines are in
production and major companies such as Kaizen/
Itochu, Freeport MacMorran, Newmont and
Goldfields are actively exploring in the area.
Mazama Copper Deposit
Located in Okanogan County, north-central Washington, the
Mazama deposit is a near surface, bulk-tonnage, copper deposit
with an historic (non NI 43-101 compliant) copper resource of
149 million tons grading 0.36% copper or approximately 1 billion
lbs of copper.
The Mazama copper deposit was extensively drilled from 1970
to 1974 by Inspiration Development and then Quintana Minerals
Corp., who together drilled 23 diamond drill holes and 47
percussion holes. The project was shelved due to low copper
prices at that time.
The Mazama deposit is situated on the southern extension of
the prolific Quesnel Trough Copper Belt that runs through central
BC into northern Washington. The Quesnel Trough is recognized
as one of the largest copper belts in the world, trending for over
2,000 km. It currently hosts eight producing copper mines and
numerous other copper deposits.
The regional terrain in the Mazama area is low rolling hills with
some pine and aspen forest. Road access is excellent and power
and water are located nearby. The town of Winthrop is located
20 km to the southeast of the Mazama deposit, with Seattle 175
km to the west and Vancouver 24o km to the northwest. This
allows for cost-effective exploration and development due to its
non-remote location.
Blue River acquired an option to earn a 100% interest in the
Mazama copper deposit in February 2013. The Company’s nearterm exploration plans include a property-wide geophysical
(magnetic) survey and a detailed surface mapping and
sampling program. Surface sampling in the Flag Mountain
zone is a high priority as a 60 ton bulk sample grading 0.10
oz per ton gold was reportedly mined from this area in 1918.
Blue River’s exploration program focus is to develop drill
targets to confirm and expand the historic copper resource of
1 billion lbs of copper.
BLUE RIVER RESOURCES LTD.
COMPANY SNAPSHOT:
Banlung Concession, Cambodia
•
•
•
•
Cambodia is one of the last countries in the world that has
not had intensive modern exploration of its mineral resources.
This is about to change as Cambodia’s topography, geology,
government, and workforce are ready for the development of a
responsible mining sector.
Critical infrastructure such as roads, water and electricity is
steadily being advanced into the outlying areas. Low labour
costs help ensure cost effective mineral exploration and mine
production.
The Banlung Concession is 150 km2 of land where previous
exploration indicates the potential to host a large copper/gold
porphyry deposit. In addition, the property has several locations
where gold is recovered by panning during the rainy season.
Exploration in October 2015 discovered a 2 km2 surface gold
anomaly that has recently been expanded to a 4 km2 mineralized
zone from work conducted in April 2016. Work to date indicates
the potential for a significant gold deposit of 400,000 to 800,000
ounces grading 1.5 g/tonne. Breakeven has been estimated to
be 0.3 g/tonne gold. Blue River has entered into a definitive
agreement to earn an initial 50% interest in the Banlung Project,
with potential to earn up to a 70% interest.
Near Term Gold Target. The recently discovered surface goldmineralized zone totals 4 km2 and is approximately 6 metres in
depth, to bedrock. This zone was discovered by sampling 2,400
termite mounds over a 8 km2 area. The gold mineralization is
located within an alluvial plain. Blue River will auger drill the
surface gold mineralized areas within the underlying laterite/
saprolite to test for grade and consistency of the mineralization.
The samples will be analyzed by the current geological team and
assayed by a recognized lab. The cost of the drill program and
assays will be approximately $250,000.
Bulk Sampling. Bulk sampling will consist of a 10 tonne/hour
operation utilizing a compact, mobile concentrator. The average
grade is estimated to be approximately 1.5 g/tonne. There are
zones that have graded up to 5 g/tonne in samples.
Mining Operation. After determining the size and grade of the
deposit through auger drilling and bulk sampling, Blue River
will apply for an alluvial mining license (no cyanide). The initial
production target is 40,000 ounces of gold per year over a 12 to
20 year mine life. If the resource is doubled to 800,000 ounces,
production could be ramped up to 80,000 ounces per year. The
estimated capital cost of the mine is $800,000.
Long-Term Exploration Plans. All indications from the past
7 years of sampling and drilling show that the source of the
surface mineralized gold zone is a nearby porphyry copper/
gold system. The longer term exploration plan is to locate this
porphyry system on the 150 km2 property. Mining the deposit
through the alluvial operations and continued diamond drilling
of the area, will provide critical information about the potential
for the discovery of a large porphyry copper/gold deposit.
Summary. The gold mineralized area on the property has been
panned by local residents in the rainy season for the past 10
years. If the deposit averages 1.5 g/tonne gold and goes to
6 metres deep, there is excellent potential for a 400,000 to
800,000 oz. gold deposit.
Achieving gold production of 40,000 ounces per year and
splitting profits 50/50, allows Blue River to fund ongoing
exploration commitments on the project and pursue the source
of the gold mineralization on this 150 km2 property.
$3.5 Million Option Agreement w. Angkor Gold on Banlung License, Cambodia
Quesnel Trough Copper Belt one of the most prolific copper belts in the world
Mazama Deposit has historic resource of 1 billion lbs of copper
Castle Property located in close proximity to BC’s newest copper mine
TSX-V:
BXR
US: BRVRF
FRANKFURT: 0BL
The Quesnel Trough Copper Belt of British
Columbia and Washington is recognized as one of
the most prolific copper belts in the world, having
outstanding potential for bulk-tonnage copper
deposits. Currently eight copper/gold mines are in
production and major companies such as Kaizen/
Itochu, Freeport MacMorran, Newmont and
Goldfields are actively exploring in the area.
Mazama Copper Deposit
Located in Okanogan County, north-central Washington, the
Mazama deposit is a near surface, bulk-tonnage, copper deposit
with an historic (non NI 43-101 compliant) copper resource of
149 million tons grading 0.36% copper or approximately 1 billion
lbs of copper.
The Mazama copper deposit was extensively drilled from 1970
to 1974 by Inspiration Development and then Quintana Minerals
Corp., who together drilled 23 diamond drill holes and 47
percussion holes. The project was shelved due to low copper
prices at that time.
The Mazama deposit is situated on the southern extension of
the prolific Quesnel Trough Copper Belt that runs through central
BC into northern Washington. The Quesnel Trough is recognized
as one of the largest copper belts in the world, trending for over
2,000 km. It currently hosts eight producing copper mines and
numerous other copper deposits.
The regional terrain in the Mazama area is low rolling hills with
some pine and aspen forest. Road access is excellent and power
and water are located nearby. The town of Winthrop is located
20 km to the southeast of the Mazama deposit, with Seattle 175
km to the west and Vancouver 24o km to the northwest. This
allows for cost-effective exploration and development due to its
non-remote location.
Blue River acquired an option to earn a 100% interest in the
Mazama copper deposit in February 2013. The Company’s nearterm exploration plans include a property-wide geophysical
(magnetic) survey and a detailed surface mapping and
sampling program. Surface sampling in the Flag Mountain
zone is a high priority as a 60 ton bulk sample grading 0.10
oz per ton gold was reportedly mined from this area in 1918.
Blue River’s exploration program focus is to develop drill
targets to confirm and expand the historic copper resource of
1 billion lbs of copper.
TSX-V:
BXR
BLUE RIVER RESOURCES LTD.
Castle Copper Project
Photo below shows proximity to Copper Mountain Mine
US: BRVRF
FRANKFURT: 0BL
The Castle Copper Project is located 25 km north of British
Columbia’s newest copper mine, Copper Mountain Mining,
Princeton BC. It is situated on the Nicola regional fault, the
geological feature that appears to control copper mineralization
in the Copper Mountain/Princeton area.
The property is located within the Quesnel Trough Copper Belt,
which hosts the Copper Mountain Mine and Highland Valley
Copper (Canada’s largest copper mine).
The Company’s mining claims total 8,000 hectares
(20,000 acres) and is one of the largest land positions
in this highly prospective area. Blue River conducted
a 3,500 ft. diamond drill program in 2011, resulting in
copper mineralization in eight of the nine holes, with one
intersection of 600 ft. grading 0.04% copper and 120 ft.
grading 0.16% copper. These results were very encouraging,
indicating the potential for a large mineralized system on the
Castle Project.
The Castle project is located directly to the north of Sego
Resources, who reported a drill result in February 2012 of 300 ft.
of approximately 1% copper. Additional drilling, mapping and
geophysics are scheduled for the Castle Project.
Castle Copper
Project
Regional map showing fault lines passing through Castle property
Blue River Resources Ltd.
501-525 Seymour Stree
Vancouver, BC
Canada V6B 3H7
This document contains forward-looking statements regarding the
timing and content of upcoming developments. Actual results may differ
materially from those currently anticipated in such statements. The TSX
Venture Exchange has neither approved nor disapproved of the information
contained herein. No representation or warranty, expressed or implied,
is made as to the accuracy or completeness of any of the information,
statements or conclusions contained herein and all such information is
subject to change at any time. Any party reviewing this financial projection
should not construe its content as legal, tax or investment advice. This
financial projection does not constitute an offer of any security for sale
either in the United States or Canada, or in any jurisdiction. No person or
entity is authorized to make any representation otherwise.
Tel: 604-682-7339
Email: [email protected]
www.blueriv.com
MANAGEMENT TEAM:
Griffin Jones - President, CEO & Director
Catherine Edwards - Director
Paul Gray, P.Geo - Director
Nadwynn Sing - CFO, Director
Focused on Gold Exploration and Development in Cambodia, and
Copper Exploration and Development in the Quesnel Trough Copper Belt
ADVISORY BOARD:
Jonathan Soper P.Eng., Chairman
TSX-V: BXR | US: BRVRF | FRANKFURT: 0BL
www.blueriv.com