Valterra is exploring for mineral deposits in British Columbia, Canada. The Company is well structured with an experienced geologic team, management group, and Board of Directors.
The company is active in south-eastern BC at Salmo and controls the >8,400 hectare ‘Swift Katie’ bulk-tonnage and high-grade porphyry/epithermal Cu-Au-Ag property.
The ‘Katie’ deposit is an alkaline Cu-Au-Ag porphyry system. The potassic core has elevated Cu and Au values and is surrounded by a broad propylitic zone. Sulphide minerals include pyrite and chalcopyrite with minor pyrrhotite, sphalerite, tetrahedrite, bornite and molybdenum.
The ‘Swift’ target was drilled in 2014 with 5 NQ holes totalling 1,432m. Results were very encouraging whereby holes SK14-001 and 003 intersected significant hydrothermal alteration in the form of chlorite, epidote, pyrite and magnetite; and holes SK14-002, 004 and 005 intersected zones of potassic alteration.
Highlight: 13.3g/t Au, 201g/t Ag & 0.33% Cu over 3.5m in hole SK14-002
The highlight zone was hosted in pyrite-pyrrhotite-chalcopyrite veins occurring at the contact between andesitic volcanics and a diorite intrusion. The mineralization sits within a broader intercept of anomalous Cu (>100ppm) with localized strong anomalies of Au and Ag.
The project area has excellent infrastructure with major highways nearby, established forestry access routes on-site, proximal high capacity power network nearby and a skilled regional workforce (pop. >25,000 in the district). BC/Canada provides many generous investment and tax advantages in a politically stable jurisdiction.