Breccia Gold Project
Lemhi County, Idaho
TSX.V - OPHR | OTCQB - KPZIF | FSE - 80M
EXPLORING A LOW SULFIDATION EPITHERMAL GOLD SYSTEM
Lemhi County, Idaho
Ophir Gold Corp. has an option to earn a 100% interest in the past producing Breccia Gold Property, located in Lemhi County, Idaho.
The Property was mined and exploited by at least eight adits during the 1930s and early 1940s, with several thousand tons of mineralized material extracted, targeting high-grade gold mineralization within quartz veins, hosted by a wide zone of brecciation.
Revisited in the 1980’s, exploration work included mapping and sampling, completion of at least two drill holes and the collection of a 4,621 ton bulk sample which reportedly returned an average of 0.335 ounces/t gold.
2021 drill results confirm the presence of gold and silver mineralization. Highlights of the drill results include, BG21-004, which returned 13.02 grams per tonne (g/t) gold and 46.6 g/t silver over 7.4 metres and BG21-004, which returned 6,940 g/t Ag, over 9.5 metres*. The results are suggestive of a significant low-sulfidation, epithermal gold system with a very low level of erosion and strong potential for significant gold mineralization at depth. These encouraging results will help the Company design the 2022 drill program.
*The bottom 9.5 m of hole BG21-05 returned very poor core recoveries (less than 10 per cent), and the grade may not be representative of the interval.
CEO & Director
Mr. Westcott has been involved in capital markets for over 10 years, serving in various capacities for both private and publicly listed companies. Shawn has developed relationships with high net worth and institutional investors around the globe. Prior to working in capital markets, Mr. Westcott was a licensed investment adviser at one of the major brokerage houses in Canada.
Mr. Clark is a geologist (P. Geo.) with over 30 years of mineral exploration experience and has held various geological positions with a number of public mining companies. Mr. Clark has extensive experience in managing large scale exploration and development programs internationally, including Asia and North America. He has worked extensively in the Hemlo and Wawa districts. He is the Executive Director of the Ontario Prospectors Association (OPA) and currently serves on the Minister of Mines Mining Act Advisory Committee. Most recently, Mr.Clark was integral to the successful sale of US Cobalt to First Cobalt Corporation, creating a post-transaction cobalt company valued at almost $400 million.
Mr. Robertson is a Chartered Professional Accountant (CPA, CA) and holds a Bachelor of Arts from Western University. He has over 20 years of accounting, auditing, and tax experience including working with Ernst & Young from 1999 to 2005. Paul also serves as CFO of GoldQuest Mining Corp. and as CEO of Eco Oro Minerals Corp. Paul has helped lead several gold companies that were eventually acquired, including Grayd Resource Corp., Extorre Gold Mines Ltd., and Sunward Resources Ltd. In addition, Paul was CFO of Orla Mining during its formative years that saw the acquisition of Pershimco Resources, purchase of the Camino Rojo gold project from GoldCorp, and numerous bought-deal financings.
Chairman of the Board & Director
Mr. Bey is the current President, CEO and Chair of Standard Uranium Ltd., the CEO and Director of Maz Mining Corp., and the President, CEO, and Director of Steel Rose Communications Ltd. and Steel Rose Capital Ltd. He has 15 years of capital markets experience and has been a board member and served on several management teams in multiple sectors globally, including mining, oil and gas, and technology.
VP Exploration Manager & Director
Darren L. Smith, M.Sc., P.Geo., is a Professional Geologist with more than 15 years’experience in the mineral exploration industry. Mr. Smith specializes in high-level project management including program design and implementation, technical reporting, land management, community engagement, and corporate disclosure. He has provided technical oversight for PEA, PFS, and FS level projects as well as complex metallurgical programs. Mr. Smith’s experience includes carbonatite complexes & associated metals (Ta, Nb, Sc, REEs), lithium, cobalt, graphite, phosphate, fluorspar, uranium, as well as base & precious metals.
Breccia Gold Project
Breccia Gold Project, Idaho
The Company has the option to acquire a 100% interest in the drill ready, past producing Breccia Gold Property, which is located in Lemhi County, Idaho.
Regional Gold Production
Lemhi County is host to numerous base and precious metal deposits within close proximity to the Breccia Gold Property, including:
Revival Gold: “Beartrack-Arenett Project”
Historical Production of 609,141 oz. Au
Freeman Gold: “Lemhi Gold Project”
Historical Resource (2013) of 24.2 Mt at 0.81 g/T (569,631 oz.) Au measured and indicated and 13.8 Mt at 0.61 g/T (268,959 oz.) Au inferred
The region encompasses part of a major metallogenic province associated with the Trans-Challis Fault system; with a long history of both hard-rock and placer gold mining.
* Management cautions that past results or discoveries on proximal or analogous properties may not necessarily be indicative to the presence of mineralization on the Company’s properties.
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