Drill-ready CLY gold project in South British Columbia

Opportunity to redevelop a high-grade historic mine & explore a new district in a region near B.C.'s 5th & 14th largest producers Rossland & Sheep Creek

CLY includes the Bunker Hill mine with small hand-mined production from high-grade 0.3 oz/ton gold-quartz veins to 3.1 m thick. A 4 km long fairway of gold grains and gold pathfinders show
“potential for large (possibly very large) mineralized systems”
expert J. Mortensen

Explanation

Bulk Tonnage Demonstrated

High-grade veins upgrade low-grade silicated layered limestone. Vein gold accumulation values compare favorably with B.C. & Yukon’s largest producer Bralorne-Pioneer and Sheep Creek, 14th. The liquid bismuth collector process concentrated gold in the veins to 13 g/t (0.3 oz/ton)

8 Targets

3 high priority Targets,
one 20 m vein length 0.39 oz/ton

Find more high grade using a known gold concentration process

Hydroelectric lines overlie

on Crown Land

Highways, power & a natural gas pipeline lowers all costs

Local workforce

A bismuth telluride crystal from central CLY with 100's of gold grains

Discover commercial deposits formed by the liquid bismuth collector mechanism, experimentally proven

Compare Bralorne, BC & Yukon's largest producer 4.2 M. oz

Compare the surficial geochem of the Blackwater mine ~8 M. oz

Compare the world-class Casino porphyry Cu–Au–Ag–Mo deposit

Bunker Hill mine - CLY Gold Project

Re-develop & expand a high grade mine in a proven district

Industry experts write

“potential for large (possibly very large) mineralized systems … widespread intrusion-related gold silver tungsten bismuth & tellurium mineralization both as large and locally high-grade quartz veins and as skarns. Targets 1 & 2 … have both been explored sufficiently to demonstrate significant potential for economically mineable mineralization … [km-scale Target 6 has] potential for large (possibly very large) mineralized systems … the strength & size of associated geochem anomalies … suggest large & well mineralized zones remain to be discovered …”

J. Mortensen

P.Eng

Prof. Emeritus, UBC

2019

“… definite potential for economic, bulk-tonnage Intrusion (granite)-Related Gold mineralization … the ‘uncommon’ (in the least) bismuth telluride minerals … allows comparing CLY with major gold deposits”

B. Tapsoba

P.Geo

Geochronologist, Structural Geologist

2019

“…significant economic potential”

N. J. Cook

Professor, U. of Adelaide, Australia

2009

“Due to the presence of numerous, wide-spread gold occurrences, there is a high possibility that the very large CLY property could host at least one economically viable gold deposit.”

G. Ray

P.Geo

Nov. 2025

Expert opinions are based on available geological data and professional assessment. Individual perspectives may vary and do not constitute investment advice.

Databases

Mostly correct, not complete.

Drill-ready CLY gold project in South British Columbia

Opportunity to redevelop a high-grade historic mine & explore a new district in a region near B.C.'s 5th & 14th largest producers Rossland & Sheep Creek

Explanation