The Stu Copper Project is located approximately 47 km northwest of the village of Carmacks and 210 km northwest of Whitehorse, the capital of the Yukon Territory.
The property consists of 541 contiguous claims over approximately 115 square kilometres and is accessible by gravel roads accessed off the seasonally, government-maintained Freegold Road which branches of Highway 2 at Carmacks. Skagway, Alaska is 180 km by south of Whitehorse via highway and hosts a year-round deep-sea port with facilities for loading concentrate. The nearest electrical power supply is a Yukon Energy Corp. (YEC) transmission line 12 km to the northeast on the east side of the Yukon River.
The Stu property is situated between, and on strike with, the two significant mineral properties in the Minto Copper District. Pembridge Resources’ Minto mine is located 30km north while Copper North Mining Corp’s Carmacks Project is directly adjoining the southern claims. Mineral reserves and resources for Minto and Carmacks, as well as geological similarity with Stu, are discussed in the Geology and Mineralization section. It should be noted that mineralization identified on adjacent properties does not necessarily indicate that mineralization will be identified on the Stu project. References to adjoining properties are for illustrative purposes only and are not necessarily indicative of the exploration potential, extent or nature of mineralization or potential future results of the Company’s projects.
The Carmacks area has a northern interior climate with warm summers, cold winters and low to moderate precipitation (25-30 cm), most of which falls in summer. Mean annual temperatures are near -4oC. Modest snow cover remains from mid-October to mid-April at lower elevations and a month longer at higher elevations. The typical exploration season is from April to October.
Elevations range from a low of 600m in the eastern part of the project up to 1075m in the western portion, with most slopes being gentle to moderate.