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Lucky Minerals Inc

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Market:
TSX-V
Market Cap:
$3.64 m
Price
0.03 CAD
Change
-14.29%
52 weeks high
0.20
52 weeks low
0.03

In brief

An exploration and development company targeting large-scale mineral systems in proven districts with the potential to host world class deposits.

The Fortuna Project

550 km2 property in the heart of a proven and highly mineralized mineral district in Ecuador but which has seen only limited exploration and has never been drilled.

Evidence of significant hydrothermal alteration & breccias, geochemical anomalies and placer mining supports potential for Cu/Au porphyry systems and epithermal Au deposits similar to numerous multi-million ounce Au and bulk tonnage Cu deposits ~40km away.

Lucky Minerals has outlined a high impact exploration program including geochemistry, geophysics and structural analysis which will identify high potential targets for drilling.

The Emigrant Creek Project

Covers a 15 km2 area in an intensely altered and mineralized porphyry copper-gold-molybdenum system in southern Montana that could potentially host a multi-million ounce gold deposit.

Nine highly mineralized breccia-pipes and two porphyry targets are known to exist within the company’s claims and have been variously explored by drilling, induced polarization geophysical surveys, rock chip sampling and geologic & alteration mapping.

Lucky Minerals has outlined an exploration program consisting of geophysics, geological mapping and ongoing sampling to refine and identify targets, ultimately culminating in diamond drilling.

Deep dive We explore the investor case for growth companies

Snapshot

Lucky Minerals holds a large swathe of land in highly prospective but largely unexplored area