Mining News: Northern Neighbors: Carmax preps Eaglehead copper deposit for PEA

Carmax Mining Corp. March 4 outlined its plans for a C$1.5-million exploration program at its Eaglehead porphyry copper property in northern British Columbia. This first phase of the 2016 program is expected to include: preliminary metallurgical testing to better define the recovery curves for copper, molybdenum, gold and silver; test work to determine a separate molybdenum recovery circuit; re-analysis of existing sample pulps from historical drilling to standardize the project database to have the silver contained in the mineralization included in the next resource estimate; and geophysical studies to determine physical parameters of various mineralized lithologies at the Eaglehead deposit to remodel a 6,000-meter long chargeability/resistivity signature outlined in 2014. Phase II of the 2016 program will include drilling of the Eaglehead deposit as well as re-logging, sampling or re-sampling of historical drill holes to better map lithology, alteration and sulfide species within the deposit. “On completion of the 2016 work program, Carmax would like to be in a position to make a decision on commencing a preliminary economic assessment of the Eaglehead porphyry copper deposit,” explained Carmax President Jevin Werbes.

–Shane Lasley