Daycon Minerals Corporation
Building opportunity and value with copper-silver-gold
Snowstorm Project, Idaho
Daycon Minerals Corporation
Building opportunity and value with copper-silver-gold
Snowstorm Project, Idaho
Building opportunity and value with copper-silver-gold
Snowstorm Project, Idaho
Building opportunity and value with copper-silver-gold
Snowstorm Project, Idaho
Daycon is focused on our Snowstorm Project, Idaho which is a Revett Formation stratabound project. Our team is creating, enhancing and advancing our story.
The Revett Formation is well known, and is adjacent to Idaho’s prolific Silver Valley, home to many world class mines.
We own the Snowstorm Project, Idaho 100% subject only to a 1% NSR to Hecla on some of our claims. Our claims are mainly mineral estate; we also own surface rights at the old mine site. The Project includes the past producing Snowstorm Mine that produced approximately 800,000 tons at 4% copper, 6 opt silver, and 0.1 opt gold during 1900-1925.
Before Daycon, Snowstorm was never explored at depth. Daycon has done just that.
We completed our first stage deep drilling with a resulting new discovery. Importantly, a comparison of our results to Rock Creek and Montanore – two world class deposits – indicates a comparable mineralization signature.
Our Goal – to now drill for ore and drive superior value for shareholders.
Our work has confirmed mineralized Lower Revett at least 60 feet thick and 1,000 feet of continuity with stacked mineral horizons. Daycon was the first to deep drill.
Field work has shown intense and prevalent mineralization.
We have compelling drill targets as the result. Our Snowstorm Project has exciting potential. Our past producing Snowstorm Mine was one of the most prolific in the region.
Adjacent to the Lucky Friday Mine of Hecla, our Snowstorm Project comprises 53 patented and 60 unpatented claims, and one parcel lot in Shoshone County, Idaho.
Our key work area is on patented claims. Daycon also owns an Idaho Water Right allowing 1 CFS for mining purposes.
Snowstorm Project – located in mining friendly Idaho at the eastern end of the 1 billion+ ounce Silver Valley with good local infrastructure and support services.
A past producing mine. Proximity to Galena Mill Complex (25 km).
A deposit conceptually comparable to Rock Creek and Montanore:
Rock Creek – Inferred 229 million ounces Ag and 2.0 billion lbs Cu
(136M tons, 1.67 opt Ag, 0.72% Cu)
Montanore – M+I 166 million ounces Ag and 1.227 billion lbs Cu
(77.48M tons, 2.04 opt Ag, 0.75% Cu).
Inferred 65 million ounces Ag and 497 million lbs Cu;
(36.08M tons, 1.85 opt Ag, 0.71% Cu)
[Source: Hecla Mining Company, June 2016]
5.5 km of strike length and mineralized outcrop.
New discovery of mineralized Lower Revett - at least 60 feet of thickness and 1000 feet of continuity – stacked mineralized horizons indicative of higher grade ore.
Updated and current 43-101 with exploration plan to drill for ore at depth with planned two year program with a total of 28 holes totalling 38,400 feet.
Superior value creation to advance investor return with minimal G&A.
Several options and possible exit strategies, including "go-public" and JV.
For inquiries or additional information, please email us.
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