Knife Lake

Royalty

Region: 
Saskatchewan
Commodity: 
Copper
Silver
Zinc
Gold
Cobalt
Royalty Terms: 
2.5% NSR, Buydown to 1% for $2m
Project Status: 
Advanced Exploration
Owner / Optionee: 
Rockridge Resources Ltd.
Area (ha): 
33560

The Knife Lake Property is located 136 km NW of Flin Flon, Manitoba and accessible by float or ski-equipped plane. The property is host to a NI43-101 Cu-Zn-Ag-Co VMS deposit consisting of a pit-constrained indicated resource of 3.8 million tonnes at 1.02% CuEq and an inferred resource of 7.9 million tonnes at 0.67% CuEq using a 0.4% CuEq cut-off. 

A winter road crosses the property providing seasonal access for tracked vehicles and a 357kV powerline runs within 16 km of the Knife Lake Deposit area.

Highlights

  • Host to shallow VMS mineralization with an NI 43-101 compliant resource and potential for structural repeats 
  • Excellent regional geology highly prospective for VMS mineralization
  • Untested regional geophysical targets with potential for VMS style mineralization
  • Significantly underexplored region with encouraging early results
  • High-voltage Hydro Transmission line located 8km south of property

Updated August 16, 2023

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