Image
Severely folded rocks

Knife Lake Royalty

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

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

Saskatchewan East Royalties