Copper Quest Exploration Inc. is exploring Huckleberry and its surrounding claims for additional Cu-Mo resources. Highlights of the RIP 2024 Phase One Drilling: First phase drill testing at Rip has confirmed that the largely covered geophysical targets define a Cu-Mo mineralized porphyry system. Zones of anomalous Cu-Mo mineralization are hosted in multiple phases of porphyritic intrusions and associated vein stockwork.
The drilling of the northern target chargeability high is host to impressive porphyry style stockwork that has potential to improve in grade down plunge and laterally. Copper Quest has assembled a dominant land position in the Bulkley Porphyry Belt and created a unique opportunity that unlocks a district scale copper porphyry pursuit. In summary, the 2024 mag, IP and drill program successfully resolved the original Rip anomaly into two separate porphyry systems and demonstrated that the northern target contains multiple intrusive phases and long intervals of low-grade Cu-Mo mineralization.
This northern target has been partly defined as a 600m wide subvertical electrical mineralized zone between a magnetic barren core and a chargeable pyrite halo. The southern geophysical target is equivalent in size to the northern anomaly and has not yet seen diamond drill testing. The RIP project is interpreted as a highly underexplored porphyry Cu-Mo system that is predominantly covered by overburden.
A small outcrop area contains variably altered porphyritic intrusions which cut strongly hornfelsed Hazelton Group volcano-sedimentary rocks. Following the airborne mag survey, a 3D-DCIP induced polarization and resistivity survey was completed over the Rip target in 2024. The new IP survey resolved the original 1980 chargeability anomaly into two chargeability "donuts" around the two separate magnetic highs, the classic "pyrite halo" signature of porphyry systems, providing more evidence for the interpretation that RIP contains two adjacent porphyry systems. Mineralization in both holes is hosted in three distinct phases of porphyritic intr intrusions with potassic to phyllic alteration and multistage veining (e.g., magnetite-chalcopyrite; quartz-chalcopyrite-molybdenite, pyrite-chalcopyrite with sericite haloes).
The Amendment Agreement extends the drilling requirement from December 31, 2025 to December 31, 2026. The Company is planning a minimum 2,000-meter Phase 2 drill program that will complete the terms set forth in the Option Agreement and earn Copper Quest its initial 60% ownership in the RIP project. Qualified Person Brian Thurston, P.Geo., the Company has completed its initial 60% ownership of the RIP project.
