Serengeti Resources: Advanced Copper-Gold Deposit
Drill-ready projects in British Columbia
Serengeti Resources is a Canadian mineral exploration company, focused on central British Columbia. They’re focusing on developing the Kwanika Copper-Gold project as well as conducting exploration for new Au-Cu porphyry deposits in British Columbia, a friendly and established mining jurisdiction.
Further, Serengeti’s exploration efforts fall into two broad categories. 1) advanced stage exploration at the Kwanika porphyry Cu-Au project, and 2) regional exploration in BC for new porphyry and epithermal systems, and other types of mineralization.
About Kwanika Copper-Gold Project
Kwanika is an advanced stage Cu-Au project located near infrastructure in central BC. Additionally, the project is owned by Kwanika Copper Corporation, a private company jointly owned by Serengeti Resources Inc. (65%) and Posco International Corporation (35%). Moreover, Kwanika’s resource estimate includes a high-grade, well defined domain within the Central Zone on the property.
Further, in March 2019, a new resource estimate was published for the Central Zone. The Measured and Indicated (M&I) Mineral Resource is estimated to contain 1.32 billion pounds of Cu and 1.83 million ounces of Au in addition to a significant Inferred Resource. Importantly, the new resource estimate has identified coherent higher-grade domains within the open pit and underground M&I resources.
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