Gold, Tellurium Deposits Found at Empire Mine Property

August 23, 2023

Primary Minerals of the Empire Mine are copper, gold, silver, magnetite and iron. @coastcoppercorp.com

PORT McNEILL – Gold and tellurium deposits have been discovered to the south of the Merry Widow pit on the optioned Empire Mine property by Coast Copper Corp.

The showing was discovered during Coast Copper’s summer 2023 exploration field program which included prospecting, soil and rock sampling across areas of interest, taking samples from one of the historical magnetite waste dumps and hosting several site visits with individuals from the BC Geological Survey and the University of Victoria.

Merry Widow Mine is west of Nimpkish Lake and south of Benson Lake, south of Port McNeill. Tellurium is used to vulcanize rubber and as a catalyst in oil refining, as well as in solar cells.

“Once again we are pleased with the fact that we are still able to make new discoveries on trend on the Property,” says Coast Copper CEO Adam Travis, adding at total of 67 soil samples were taken. “Even though this Property has been explored and mined for over 100 years, the areas outside the core mine area remain heavily under-explored.”
In addition to the sampling completed around the B3 showing, a total of 42 soil and 10 rock samples were taken while prospecting areas of interest from the Whiskey Jack showing to the Battle Mountain showing (approximately 2.75 kilometers distance).

The Empire Mine property covers three historical open pit mines and two past-producing underground mines that yielded iron, copper, gold and silver. Coast Copper’s other properties include its 100% owned Knob Hill NW property approximately 60 km northwest of the Empire Mine. Coast Copper’s management team continues to review precious and base metals opportunities in western North America.

Business Examiner Staff

 

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