Advancing Past-producing Bull River Copper Mine back to Production in BC, Canada

加拿大矿业股
Published on: November 24, 2020
Author: Editor

Braveheart (TSXV: BHT, OTCQB: RIINF) is a Canadian based junior mining company focused on building shareholder value through exploration and development in the favourable and proven mining jurisdictions of southeastern British Columbia and northwestern Ontario. Braveheart’s main asset is the Bull River Mine project near Cranbrook BC which has a current mineral resource containing copper, gold and silver. The property is fully developed with 21,000 metres of underground developments in terms of ramps, raises and drifting on mineralized structures on seven levels. The surface infrastructure includes a 700 tonne per day conventional mill with adjoining crushing facilities as well as offices and maintenance facilities. The property is connected to grid power and there is year-round access to site by paved and all-weather roads.

Investment Highlights

  • 100% owned past-producing copper, gold and silver mine in British Columbia, Canada.
  • Current NI 43-101 technical report with 1.5 million indicated tonnes at a copper equivalent grade of 2.3% Cu.
  • Over $200 million invested by previous owners.
  • Brownfield property with large surface stockpile of mineralized material from underground workings.
  • Over $150 million in tax pools.
  • Plan to begin processing stockpiled material in H1 2021.
  • Recently signed letter of intent to acquire past producing copper, nickel, palladium, gold, platinum and silver mine in northwestern Ontario, Canada.

Recent Press Release

October 30, 2020 Braveheart Closes $1.54 Million Financing

October 22, 2020 Braveheart Resources Grants Options

October 21, 2020 Braveheart Resources and Cadillac Ventures Enter Into Definitive Agreement for Purchase and Sale of Thierry Mine Project

October 19, 2020 Braveheart Further Increases Financing Up To $1,500,000

October 13, 2020 Braveheart Increases Size of Financing Up To $1,050,000

 

Copper Gold Investment Mining Precious Metals Silver