Hog Heaven, Montana
Located on private land approximately 50 miles south-southwest of the town of Kalispell, Montana.
Historical high-grade silver and gold production by Anaconda.
Typhoon™ deployed to advance the search for additional epithermal mineralization and deep porphyry source.
Large district, underexplored at depth, with substantial alteration footprint and multiple mineralized centers.
- Hog Heaven Project Map
- Drill Intercept Table
DRILL HOLE TO
(M)INTERVAL
LENGTH
(M)GOLD EQUIVALENT*
(g/t)GOLD
(g/t)SILVER
(g/t)COPPER
(%)LEAD
(%)ZINC
(%)HHD-001 None Reportable HHD-002 None Reportable HHD-003 Complete, only partial assays received HHD-004 Complete, only partial assays received HHD-005 473 311 1.07 0.35 22.89 0.06 0.36 0.55 Including
250 75 2.17 0.31 28.99 N/A 1.10 2.05 Including 416.31 288.31 1.22 0.40 28.47 0.07 0.39 0.59 And 909 8 3.19 0.34 23.38 1.32 0.02 0.37 Complete, assays pending below 910.5 HHD-006 Complete, assays pending HHD-007 Complete, assays pending HHD-008 Complete, assays pending *The following long term metal prices were used: 3.80$/lb Cu, 1,707$/oz Au, 22.42$/oz Ag, 0.93$/lb Pb, and 1.19$/lb Zn.
*The specific formula used to report AuEq(g/t) is Au(g/t)*(0.65) + ((1.87875425724906) * Cu (%)) ((0.0121238339867514) * Ag(g/t)) + ((0.431062860010269) * Pb (%)) + ((0.551575057432494) * Zn (%))
*Recoveries are informed by historical preliminary metallurgical flotation tests and are considered conservative: 80% Cu; 65% Au; 60% Ag; 75% Pb, 75% Zn.
*Intervals were derived on a AuEq basis with a cutoff of 0.25g/t AuEq
*Maximum internal dilution of 5m was applied
*These are not true widths, and the system is interpreted to be plunging sub-parallel to the trace of drill hole HHD-005.
- Collar Locations Table
DRILL HOLE STATUS DEPTH (M) AZIMUTH (˚) DIP (˚) EASTING NORTHING ELEVATION HHD-001 Complete 580.34 275 -50 678352.00 5309703.00 1200.00 HHD-002 Complete 1001.5 270 -70 678317.00 5309025.00 1151.00 HHD-003 Complete - Partial Assays 1248.76 65 -85 679760.00 5309704.00 1067.00 HHD-004 Complete - Partial Assays 1316.13 305 -55 680092.68 5308722.31 1027.10 HHD-005 Complete - Partial Assays 1248.76 185 -80 680722.04 5310623.41 1247.81 HHD-006 Complete - Assays Pending 773.58 340 -61 680757.00 5310251.00 1238.00 HHD-007 Complete - Assays Pending 824.79 210 -75 680721.00 5310624.00 1247.81 HHD-008 Complete - Assays Pending 735.18 0 -60 680748.00 5310254.00 1210.00 - Joint Venture
Ivanhoe Electric and Brixton Metals Corporation (“Brixton”) entered into an earn-in agreement in 2021 covering an area of approximately 24 km2 of the Hog Heaven Project. Under the earn-in agreement, Ivanhoe Electric may earn up to a 75% interest in the Brixton land constituting the Hog Heaven Project by making cash payments totaling $4.5 million and incurring an aggregate of $40 million in exploration expenditures by 2032. Ivanhoe Electric will earn an initial a 51% interest by making a total of $4.5 million in cash payments and incurring $15 million in exploration expenditures.
