History

Exploration on the NAK dates back to the mid-1960s, and more than $9 million has been spent.

Historical Exploration

1964-1971: Noranda Exploration completed soil and geophysical surveying and 28 BQ holes for 1837m.

1973: Ducanex Resources conducted geophysical and geochemical surveying and 480m in 8 holes.

1993-1997: Hera Resources carried out IP and magnetic surveying and drilled 71 BQ holes for 13,311m. No core retained.

2008: Copper Ridge completed soil, IP and magnetic surveying and 1,265m in 5 NQ holes. Core retained and stored in Smithers.

2010-2014: Copper Ridge and Redtail Metals completed a helicopter ZTEM and magnetic survey comprising 1,083 line-km and ground IP and magnetics.

2016-2019: Generation Mining re-logging B08-04 holes, preliminary metallurgy and several generations of soil sampling 

2021: NAK Mining digitized, analyzed, reinterpreted and modelled all historical data for the first time on this property. Independent geophysical and geochemical analysis was completed for historical data. The company recently applied for a five-year, multi-hole drill permit.

2022: 6,000 metre, seven-hole drilling program.  Discovered broad intercepts of bornite-bearing copper-gold porphyry mineralization. 

2023: Drilling in 2023 comprised 7,884 m in 10 holes.  All holes encountered broad zones of copper-gold-molybdenum mineralization, and many holes encountered multiple discrete zones of very strong grade, exceeding 200 m in width