COMPANY: TTM Resources

LOCATION: NW BC

The Chu property mineralization comprises a stockwork of small quartz veinlets with molybdenite hosted in fractured and altered fine-grained arenaceous to argillaceous rocks that are sandwiched between a footwall (underlying) granodioritic pluton to the south and overlying pyroclastic andesites. The principal mineralized formation is hornfelsed to a biotite-grade metamorphic rock that has been, in turn, altered by the introduction of tiny quartz veinlets that may or may not be conformable to original bedding. That bedding is seldom, if ever, preserved but a confusing, secondary; contrasting banding effect accompanies the veinlets, apparently  the result of diffusion of fluids from the quartz structures into the enclosing hornfels. The bands are commonly a light brown colour whereas the less altered hornfels is dark brown. Pyrite, pyrrhotite and magnetite are in varying amounts present with the molybdenite and quartz and are usually more prominent than the molybdenite. Calcite is frequently present with the sulphide minerals but its distribution is erratic and enigmatic.

Phase 4 Pit with Model Ore Blocks

MMTS completed a Preliminary Economic Assesment 43-101 technical report