Canada One Mining Corp. (TSXV: CONE) (OTC Pink: COMCF) (FSE: AU31) (‘Canada One’ or the ‘Company’) is pleased to provide an exploration review of the Boundary Zone at its 100% owned Copper Dome Project, (‘Copper Dome’, ‘Project’ or ‘Property’), Princeton B.C.
BOUNDARY ZONE HISTORICAL HIGHLIGHTS
- Extensive Copper-gold Zone Defined
- mobile metal Ion (MMI) sampling has delineated a strong, north-northeasterly striking Cu-Au anomalous corridor
- measuring approximately 1,000 m wide and 1,750 m long
- open to both the north-northeast toward the Copper Mountain Mine deposits (1.5 km away) and the south-southwest
- High-Grade Copper in Soils and Rocks
- numerous MMI copper values exceed 10,000 ppb
- rock sampling within the zone assayed 1.06 % Cu, 0.17 g/t Au, and 0.46 g/t Pd1
- Zinc-Lead-Cadmium Depletion
- MMI sampling in the zone returned depleted Zn-Pb-Cd, consistent with the core of a Cu porphyry system
- Potassic Alteration
- MMI sampling returned elevated potassium values indicating potassic alteration, a diagnostic feature of Cu porphyry systems
Peter Berdusco, President and CEO of the Company commented: ‘The Boundary Zone historical results outline a broad copper-gold system extending toward Copper Mountain. Copper values above 10,000 ppb and evidence of potassic alteration are consistent with porphyry-style mineralization. These findings make the Boundary Zone a clear focus for detailed geochemical and geophysical follow-up head of future drill targeting.’
Boundary Review
The main feature of this area is a very dominant copper-gold anomalous zone that also contains silver and molybdenum anomalies. It strikes north northeasterly, has an approximate width of 1,000 meters, and has a minimum strike length of 1,750 meters being open to the north-northeast towards one of the Copper Mountain Mine pits which are only 1,500 meters away. It is also open to the south-southwest.
The copper results are especially high with many of the values above 10,000 ppb. Two rock samples taken within this anomaly contain copper mineralization with one of these samples also containing gold. In addition, at the southwest edge of the anomaly where it is open to the southwest two rock samples taken also containing copper mineralization with gold.
The copper-gold anomalous zone is also somewhat devoid of anomalous values in zinc, lead, and cadmium. Most of the anomalous values in these elements occur outside of the main zone, especially to the east. Certain types of porphyry copper deposits are known to contain zinc mineralization around their peripheries. Another feature is the potassium values which are higher within the anomalous zone. This indicates potassic alteration, often associated with porphyry copper deposits.
Niobium, titanium, yttrium, and zirconium values were also plotted since these four elements indicate Lost Horse intrusive which on the Copper Mountain mine site, either hosts and/or is adjacent to copper mineralization. In general, these elements are somewhat lower within the anomalous zone, but higher outside, especially to the east. This indicates the possibility that the Lost Horse intrusive may occur to the immediate east of the anomalous zone.1
Figure 1: Location Map of the Copper Dome Project
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Figure 2: Grid Map of Boundary Zone MMI Sampling – Copper Results
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Figure 3: Grid Map of Boundary Zone MMI Sampling – Gold Results
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Figure 4: Grid Map of Boundary Zone MMI Sampling – Silver Results
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Figure 5: Grid Map of Boundary Zone MMI Sampling – Potassium Results
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Management cautions that past results, discoveries and mineralization on Copper Mountain are not necessarily indicative of the results that may be achieved on Copper Dome.
About The Copper Dome Project
Copper Dome is located in the lower Quesnel Trough porphyry belt, one of British Columbia’s most prolific mining districts. The Project directly adjoins Hudbay Minerals Inc.’s (TSX: HBM) producing Copper Mountain Mine to the north which hosts Proven and Probable Reserves of 702 million tonnes grading 0.24% Cu, 0.09 g/t Au, and 0.72 g/t Ag (hudbayminerals.com). Multiple mineralized zones have been identified across the Property, with historical drilling confirming high-grade copper associated with northeast-trending structures similar to those hosting mineralization at Copper Mountain.
The Project benefits from excellent infrastructure, enabling year-round access, cost-efficient exploration, and a stable, low-risk jurisdiction.
Historical Work Completed
- Geophysics: 51 km of induced polarization (IP); airborne magnetic and electromagnetic (EM) coverage over ~50% of the Property
- Sampling: 2,253 soils and 378 rocks collected
- Drilling: 8,900+ m of diamond drilling
- Trenching: Over 1 km excavated
With a five-year drill permit in place, the Company is focused on advancing the Project toward drill-ready target definition.
About Canada One
Canada One Mining Corp. is a Canadian junior exploration company focused on copper-the critical metal powering the global energy transition. The Company advances projects from discovery through resource definition with disciplined, data-driven exploration and responsible practices. Its flagship Copper Dome Project, near Princeton, British Columbia, targets a porphyry copper-gold system in a Tier-1 jurisdiction. Canada One aims to deliver sustainable growth and long-term value for shareholders and local communities.
Acknowledgement
Canada One acknowledges that the Copper Dome Project is located within the traditional, ancestral and unceded territory of the Smelqmix People. We recognize and respect their cultural heritage and relationship to the land, honoring their past, present and future.
Qualified Person
The technical information contained in this news release has been reviewed and approved by David Mark, P.Geo., an independent Qualified Person for the purposes of National Instrument 43-101.
Historical Sampling
The sampling was done to the standards of the time and is considered ‘historical’ in nature and is not NI43-101 compliant and cannot be relied upon. The results are listed here to show why the Company is interested in this area. Future work and drilling may not repeat similar results.
Note 1: Mark, (2024), Exploration Report on MMI Soil Sampling, Rock Sampling and Backpack Drilling on the Copper Dome Property Copper Mountain Mine Area Similkameen Mining Division, British Columbia, AR 41492.
Contact Us
For further information, interested parties are encouraged to visit the Company’s website at www.canadaonemining.com, or contact the Company by email at info@canadaonemining.com, or by phone at 1.877.844.4661.
On behalf of the Board of Directors of
Canada One Mining Corp.
Peter Berdusco
President
Chief Executive Officer
Interim Chief Financial Officer
Forward-Looking Statements
This press release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively ‘forward-looking statements’) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operating or financial performance of the Company, are forward looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements in this press release relate to, among other things: statements relating to the anticipated timing thereof and the intended use of proceeds. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing, completion and delivery of the referenced assessments and analysis. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.
TSX Venture Exchange Disclaimer
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