Mining Intelligence and News
United States

Bornite Project

Click for more information

Categories

Overview

Mine TypeUnderground
StagePreliminary Economic Assessment
Commodities
  • Copper
Mining Method
  • Sub-level stoping
Backfill type ... Lock
Mine Life... Lock
SnapshotBornite Project is a high-grade copper deposit with significant exploration potential, located in a safe, mining-friendly jurisdiction. Bornite Project had the potential to extend mine activity for the Upper Kobuk Mineral Projects for over 30 years.

On January 15, 2025, Trilogy Metals Inc. announced the positive results of its Preliminary Economic Assessment Study for the Bornite copper project. The PEA assumes re-purposing the infrastructure described in Trilogy Metals’s Feasibility Study for the Arctic Project for use with the Bornite Project once the Arctic deposit has been depleted.
Latest NewsTrilogy Metals Files NI 43-101 Technical Report for the Previously Announced Bornite Preliminary Economic Assessment     February 13, 2025

Owners

SourceSource
CompanyInterestOwnershipInvestor's Info
Trilogy Metals Inc. 50 % Indirect
South32 Ltd. 50 % Indirect
The Bornite Project is held by Ambler Metals LLC, the joint venture operating company equally owned by Trilogy Metals (50%) and South32 Limited (50%).

Contractors

Lock

- subscription is required.

Deposit type

  • Carbonate hosted
  • Vein / narrow vein
  • Stratabound
  • Hydrothermal
  • Breccia pipe / Stockwork

Summary:

Copper-cobalt-silver-zinc-germanium mineralization at the Bornite Property forms disseminations, veins, and massive sulphides in stacked, semi-stratabound bodies closely associated with secondary hydrothermal dolomitization. The cross-cutting nature of the mineralization along with the presence of early pyrite and sphalerite in sedimentary breccia clasts suggest an epigenetic origin that was temporally very close after the deposition of host strata. Re-Os dating supports this interpretation (Selby et al., 2009).

Data are limited regarding the sources and nature of the copper-rich fluids that formed the Bornite deposit, but they suggest that mineralizing fluids may have formed from the interaction of saline basin fluids with mafic volcanic rocks in the area.

Given these constraints, Bornite has characteristics similar to other districts and deposits including: the Mount Isa and McArthur River districts in Australia, the Tynagh deposit in Ireland, the Kipushi deposit in the Democratic Republic of the Congo, and the Tsumeb deposit in Namibia. All of these deposits show early epigenetic characteristics, emplacement in carbonate stratigraphy, and early pyrite-dolomite alteration followed by sulphide mineralization.

These comparable deposits occur in intra-continental to continental margin settings undergoing extensional tectonics and bimodal volcanism similar to Bornite. Basin-margin faults seem to have been important in localizing mineralization (Hitzman, 1983) although basin margin structures at Bornite have not been directly identified.

An early epigenetic carbonate-hosted Cu-Co model is applicable for exploration targeting in the project area.

Property Geology
The geology of the Bornite resource area is composed of alternating intervals of carbonate rocks (limestone and dolostone) and calcareous phyllite. Limestone transitions laterally into dolostone near zones of mineralization and is considered hydrothermally altered. Spatial relationships and petrographic work suggest that dolomitization is genetically related to early stages of the copper mineralizing system (Hitzman, 1986).

Mineral Deposits
Mineralization at Bornite forms tabular mineralized zones that coalesce into crudely stratabound bodies hosted in dolostone conglomerate/breccia. Two significant dolomitic horizons that host mineralization have been identified by drilling and include: 1) the Lower Reef, a substantial 100 m to 300 m thick dolomitized zone lying immediately above the basal quartz phyllite unit of the Anirak schist and 2) the Upper Reef, a 100 m to 150 m thick dolomite horizon that sits roughly 300 m higher in the section. The Lower Reef is separated from the Upper Reef by a zone of ductilely sheared phyllites up to 60 m thick.

The Lower Reef dolostone outcrops along the southern margin of the Ruby Zone and is spatially extensive throughout the deposit area. It hosts a significant portion of the shallow mineral resources in the Ruby Zone as well as higher grade mineral resources down-dip and to the northeast in the South Reef area. The Upper Reef hosts relatively high-grade mineral resources to the north in the Ruby Zone. The Upper Reef zone appears to lie at an important north-east-trending facies transition to the northwest of the main drilled area and appears to be at least partially thrust over the Lower Reef stratigraphy to the southeast.

Mineralization
Copper mineralization at Bornite comprises chalcopyrite, bornite, and chalcocite distributed in stacked, stratabound zones exploiting favourable lithologies (conglomerate/breccia) within the Bornite sequence. Mineralization occurs, in order of increasing grade, as disseminations, irregular and discontinuous stringer-style veining, breccia matrix replacement, and stratabound massive sulphides. The typical mineralization of the Bornite deposit characterized by chalcocite, bornite, chalcopyrite and pyrite.

The distribution of copper minerals is zoned around the bottom-centre of each zone of mineralization, with bornite-chalcocite-chalcopyrite at the core progressing outward to a fringe of chalcopyrite-pyrite. Additional volumetrically minor copper minerals include carrollite, digenite, tennantite-tetrahedrite, and covellite (Bernstein and Cox, 1986). Stringer pyrite and locally significant sphalerite occur above and around the copper zones and locally massive pyrite and sparse pyrrhotite are associated with siderite alteration below copper mineralization in the Lower Reef.

Significant cobalt mineralization is found accompanying bornite-chalcocite mineralization). Cobalt often occurs with high-grade copper as carrollite (Co2CuS4), cobaltite (CoAsS) and as cobaltiferous rims on recrystallized pyrite grains (Bernstein and Cox, 1986). Preliminary geometallurgical work by Trilogy Metals showed that cobalt occurs primarily as cobaltiferous pyrite (approximately 80% of the contained cobalt) and within other cobalt minerals, such as carrollite and cobaltite (CoAsS).

Germanium is also seen to be associated with copper mineralization (Runnels, 1963; Bernstein and Cox, 1986). In 2011, 50 mostly continuous core samples selected from four drill holes were found to have germanium values ranging from <1 to 83 ppm and averaging 10.7 ppm using sample preparation methods specifically for germanium.

Reserves

Lock

- subscription is required.

Mining Methods

Lock

- subscription is required.

Comminution

Crushers and Mills

Lock

- subscription is required.

Processing

Lock

- subscription is required.

Production

CommodityProductUnitsAvg. AnnualLOM
Copper Payable metal M lbs 1091,857
Copper Metal in concentrate M lbs 1,931
Copper Concentrate kt 2,969

Production Costs

Commodity production costs have not been reported.

Project Costs

MetricsUnitsLOM Total
Initial CapEx $M USD  ......  Subscribe
Sustaining CapEx $M USD  ......  Subscribe
Closure costs $M USD  ......  Subscribe
Total CapEx $M USD  ......  Subscribe
UG OpEx $M USD  ......  Subscribe
Processing OpEx $M USD 915.8
Refining costs $M USD  ......  Subscribe
Freight costs $M USD 1,062
Refining and treatment costs $M USD  ......  Subscribe
G&A costs $M USD 1,146
Total OpEx $M USD  ......  Subscribe
Mining Taxes $M USD  ......  Subscribe
Income Taxes $M USD  ......  Subscribe
Total Taxes $M USD  ......  Subscribe
Royalty payments $M USD  ......  Subscribe
Gross revenue (LOM) $M USD  ......  Subscribe
Pre-tax Cash Flow (LOM) $M USD  ......  Subscribe
After-tax Cash Flow (LOM) $M USD  ......  Subscribe
Pre-tax NPV @ 8% $M USD  ......  Subscribe
After-tax NPV @ 8% $M USD  ......  Subscribe
Pre-tax IRR, %  ......  Subscribe
After-tax IRR, %  ......  Subscribe
Pre-tax payback period, years  ......  Subscribe
After-tax payback period, years  ......  Subscribe

Required Heavy Mobile Equipment

Lock

- subscription is required.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Jan 15, 2025
....................... Subscription required ....................... Subscription required Subscription required Jan 15, 2025
....................... Subscription required ....................... Subscription required Subscription required Feb 25, 2025
....................... Subscription required ....................... Subscription required Subscription required Feb 25, 2025
....................... Subscription required ....................... Subscription required Subscription required Feb 25, 2025

Total WorkforceYear
...... Subscription required 2025

Aerial view:

Lock

- subscription is required.