The Day Property is a large known copper-gold porphyry located in an area of British Columbia known as the Toodoggone Region, approximately 380 kilometres northwest of Prince George.
The Day occurrence was discovered and previously drilled by Falconbridge in the early 1970s producing several significant intersections including 0.67 percent copper and 0.84 g/t gold across 58.83 metres, and Hole 74-4 with 14.94 metres of 0.61 percent copper and 1.92 g/t gold. Based on these historical results, the Day occurrence grades are nearly three times that of producing mines and economic projects in the region.
The area between the Toodoggone region in the north and the Mt. Milligan region in the south has seen significant increased mineral exploration for copper, gold, and silver deposits in recent years. Notable porphyry projects in the belt include: Northgate Minerals Corp's. (TSX:NGX) Kemess South and North Projects, Terrane Metals Corp's (TSXv:TRX) Mount Milligan Project, and Serengeti Resources Inc's (TSXv: SIR) Kwanika Project.
The Day Property 50 kilometres due south of the Kemess Mine which has reserves of 22.7 MT of 0.28 g/t gold and 0.14 percent copper. This year, Kemess South is forecast to produce 102,500 ounces of gold and 47.6 million pounds of copper according to Northgate Mineral's website.
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