SISSON PROJECT
CURRENT PROGRESS
The Company is currently advancing a focused work program designed to provide the necessary economic and technical information to support a construction decision. This work includes:
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update of the feasibility study; and
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completion of engineering activities and studies needed to satisfy the technical conditions associated with its in-hand environmental approvals as well as support project finance.
SISSON GEOLOGY & RESOURCES
The Sisson property hosts a structurally-controlled deposit of tungsten and molybdenum that is genetically related to Late Devonian granite intrusions. The deposit comprises the contiguous I, II, III and Ellipse Zones, which obliquely span a north-trending, nearly vertical contact between two phases of the Howard Peak Granodiorite to the west and metavolcanic and metasedimentary rocks to the east. Significant mineral resources have been identified in Zone III and the Ellipse zone, both of which are open to further expansion.
Tungsten and molybdenum mineralization mostly occurs in narrow, sheeted, northwest-trending quartz-sulphide veins which surround larger, north-trending shear veins. Tungsten occurs predominantly in the mineral scheelite, and locally in wolframite, with molybdenum occurring in molybdenite. The near-surface Sisson deposit is potentially amenable to open pit mining.