TSX: PCA

TSX: PCA

Phoenix Deep

Testing for deeper porphyry/intrusive mineralizing sources responsible for skarn and structurally hosted mineralization

Au – Cu

High grade underground Au – Cu structures​ ​

Drilling

8,050 m in 22 drill holes ​

Phoenix Deep Targets​

2025 Drill Results​

Exploration targeting the potential for additional repeat carbonate/skarn units similar to units previously mined both underground and in the larger open pit operations. ​

Testing for deeper porphyry/intrusive mineralizing sources responsible for skarn and structurally hosted mineralization​

2025 drilling intersected high Au grades in structures​

High potential for additional extensive mineralized structures at depth and on strike​

Proposed drilling
8,050 m
22 holes

Proposed Drilling​

Exploration program is Two-fold:​ ​

Test continuation of mineralized structures or mineralizing systems below the Phoenix Open Pit and Phoenix historical underground mine workings ​

Exploration targeting a potential deeper porphyry source of the observed mineralization​

Exploration Targets​

High grade underground Au – Cu structures​

Bulk mineable skarn and porphyry systems​

High-grade Au

PXDDH-25-001

2.0 m @ 54 g/t Au beneath the Phoenix Open Pit target area.

High-grade Au

PXDDH-25-004

14 m @ 1.4 g/t Au, 0.61% Cu, 9.1 g/t Ag

Conceptual cross-section

South Skarn To JD / Golden Crown Deep Drilling

JD exploration area is 1,500 m South of the Phoenix Pit​

Drill program to test deeper prospective area of the shallowly explored area (5,657 m in 4 holes)​ ​

Targets Include:​

Porphyry (or Intrusion Related) - Skarn targets​ ​

Au – Cu rich veins ​and structures​ ​

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