This Edgemont Gold Corp Tech profile is part of a paid investor education campaign.*
Overview
Approximately 60 percent of the world’s copper and 95 percent of its molybdenum come from porphyry deposits. Despite making up such a substantial portion of these reserves, these deposits have historically been underexplored and overlooked due to their lower grades.
Companies with copper porphyry assets in mining-friendly jurisdictions like British Columbia have made strides to upgrade infrastructure across their projects in recent years.
Edgemont Gold (CSE:EDGM | FRA: EG8 ) is a Canadian exploration company focused on exploring and developing high-quality copper-gold porphyry assets in Canada. It is currently exploring the Dungate copper-gold porphyry project located 6 kilometers south of Houston in the Omineca mining division of Northern British Columbia. The company has the option to earn 100 percent interest in the project.
Edgemont Gold’s Company Highlights
- Copper-gold exploration in British Columbia, a safe, established mining district
- Focused on the Dungate Project. Accessible by road, with year-round drilling
- Drilling 7 km north of high-grade gold/silver discovery, recently announced by Sun Summit Minerals
- Permit filed for drilling to test mineralization at depth in Q3 2021
- Compelling targets identified by magnetic & IP surveys, soil & outcrop sampling Mineralization at depth confirmed by historic drilling. Only one deep hole (333m long) drilled in 1975 – 142 m of chalcopyrite at bottom of hole
- Tight share structure (24M shares outstanding) and low market cap (~$5 Million)
- Led by experienced industry professionals with an extensive track record of exploration success
- Fully funded for extensive drilling in 2021 with ~$2M
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