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United States

Zonia Project

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Overview

Mine TypeOpen Pit
StagePreliminary Economic Assessment
Commodities
  • Copper
Mining Method
  • Truck & Shovel / Loader
Mine Life... Lock
SnapshotThe Zonia Copper Oxide Project was held under private ownership for almost 100 years and has undergone extensive historical exploration, metallurgical studies and mine development planning.

Zonia offers a viable smaller scale and lower cost operation that can be permitted and constructed in half the time required on average to develop new larger concentrate mines.

On May 21, 2024, World Copper Ltd. reported that it will be focusing its efforts on the Zonia Property as the Company’s flagship asset, with the aim of working to advance Zonia to a bankable feasibility study and then proceeding into construction and production.

The Company has adopted a two-phase plan to move the Zonia project down the production track. Phase one would target only the portion of the project located on private land. Phase two will target copper mineralization located on non-private land so that it could be permitted for future inclusion into the anticipated mine plan.
Latest NewsWorld Copper Files Amended Resource Estimate and Technical Report for Updated Resource Estimate for the Zonia Project     November 12, 2024

Owners

SourceSource
CompanyInterestOwnership
World Copper Ltd. 100 % Indirect
World Copper owns 100% of the Zonia Project via a 2021 business combination with Cardero Resource Corp.

Contractors

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Deposit type

  • Porphyry
  • Metamorphic

Summary:

Deposit Type
World Copper presently considers mineralization at Zonia to be the product of a porphyry copper system, which is the conceptual deposit model on which current plans for future exploration are based.

While mineralogy and alteration observed at Zonia is similar to that of numerous Laramide-aged porphyry copper deposits hosted by Proterozoic greenstone rocks in central Arizona, the age of mineralization at Zonia is as yet undetermined and deformation of mineralized veins coincident with foliation at Zonia suggests that the age of the Zonia deposit is quite likely concurrent with the timing of Precambrian deformation.

Within the resource area, the Zonia deposit is characterized by mostly oxidized, supergene-enriched stringer, vein, fracture, and disseminated oxide mineralization. The original pyrite-chalcopyrite assemblage underwent intense oxidation, with copper remobilized into fluid flow conduits (fractures) and concentrated in more mafic, calcareous reactive units (the greenstone and chlorite schist) and at the water table, ultimately resulting in the development of chalcocite-rich lenses that are known to extend up to 800 feet deep along the steep, west-dipping foliation of host rocks.

This supergene mineralization experienced a second phase of oxidation and partial remobilization due to regional uplift and erosion, as well as the lowering of the water table, which resulted in a large deposit of in-situ and transported copper oxide mineralization that masks much of the primary sulfidic depositional environment. The processes of oxidation followed by supergene enrichment and then secondary oxidation are well-documented by Locke (1926), Blanchard (1968), and Anderson (1982).

The original sulfide minerals were principally pyrite and chalcopyrite, with minor bornite, molybdenite, and sphalerite. Grid sampling of the pit area tentatively indicates an overall mineral zonation of inner copper, molybdenum, and gold, zoning outwards to zinc and manganese. Such zoning is characteristic of porphyry copper deposits, and additional work should be carried out to confirm/define its occurrence at Zonia. Further evidence to support the porphyry copper deposit model includes the cross-cutting relationships exhibited by quartz-chalcopyrite veins and veinlets, the type and style of both supergene and hypogene alteration, and the regional position of the deposit within an island arc setting. Structure, alteration, and oxide copper minerals are considered the principal guides to further exploration.

Mineralization
Copper mineralization occurs primarily within the foliated Qmpf, the protolith of which is presumed to be argillically altered Qmp, but mineralization is also concentrated along the contacts of various felsic units, as well as between mafic and felsic units. The latter occurrence is considered a late-stage effect of supergene, mobilized copper reacting with the more calcic mafic units.

As described by Schmidt (2021), the pit geology is dominated by a leached cap of pervasive supergene alteration and limonite that typically forms over primary pyrite-chalcopyrite mineralization. Sericite alteration is extensive and obscures original rock textures in places. Clays representative of argillic alteration is readily observed in the South pit. Hematite, jarosite and goethite occur as fracture coatings and boxwork veinlets ranging from 0.1- to 0.5-inches in width, and hematite veins up to 2 inches thick suggest that the chalcopyrite-quartz veins and secondary chalcocite favor the sericite schist.

Known mineralization extends approximately 8000 feet along strike parallel to the regional (northeast) trend of foliation, with a dip of 80 to 85 degrees to the northwest. Width of the mineralized zone is quite variable, ranging from 250 to about 1000 ft. Ore minerals primarily consist of chrysocolla, black copper oxides (tenorite, melaconite, pitch), cuprite, native copper, malachite and azurite, though occasional shipments of chalcocite were reportedly made from the underground Cuprite shaft and from the North pit.

Current interpretation proposes that regional deformation related to the Yavapai Orogeny sheared the originally disseminated and blebby pyrite-chalcopyrite mineralized horizons into folia-form mineralization, parallel to schistosity, and ranging from vertical to a dip of ~45°. Subsequent oxidationremobilization of the copper from chalcopyrite (~35% Cu) followed the foliation down-dip to the groundwater table, where copper then reprecipitated as enriched sulfide minerals, primarily secondary chalcocite (~78% Cu). This chalcocite blanket was then oxidized during a second lowering of the water table and copper further mobilized into reactive units below. The early underground mining at Zonia exploited the high-grade chalcocite horizons preserved at depth.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

CommodityUnitsAvg. AnnualLOM
Copper M lbs 49422
All production numbers are expressed as cathode.

Operational metrics

Metrics
Daily ore mining rate 30,000 tons *
Daily milling capacity 30,000 tons *
Waste tonnes, LOM 52.4 M tons *
Ore tonnes mined, LOM 92.6 M tons *
Total tonnes mined, LOM 145 M tons *
Tonnes processed, LOM 92.6 M tons *
* According to 2018 study.

Production Costs

CommodityUnitsAverage
Cash costs Copper USD 1.46 / lb *  
All-in costs Copper USD 2.06 / lb *  
Assumed price Copper USD 3 / lb *  
* According to 2018 study / presentation.

Project Costs

MetricsUnitsLOM Total
Initial CapEx $M USD  ......  Subscribe
Sustaining CapEx $M USD  ......  Subscribe
Working capital $M USD  ......  Subscribe
Total CapEx $M USD  ......  Subscribe
OP OpEx $M USD  ......  Subscribe
Processing OpEx $M USD 284.7
Refining costs $M USD  ......  Subscribe
Transportation (haulage) costs $M USD 1.7
G&A costs $M USD 29.2
Total OpEx $M USD  ......  Subscribe
Total Taxes $M USD  ......  Subscribe
Gross revenue (LOM) $M USD  ......  Subscribe
Net revenue (LOM) $M USD  ......  Subscribe
Pre-tax Cash Flow (LOM) $M USD  ......  Subscribe
After-tax Cash Flow (LOM) $M USD  ......  Subscribe
After-tax NPV @ 10% $M USD  ......  Subscribe
After-tax NPV @ 8% $M USD  ......  Subscribe
After-tax IRR, %  ......  Subscribe
After-tax payback period, years  ......  Subscribe

Required Heavy Mobile Equipment

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Personnel

Mine Management

Job TitleNamePhoneEmailProfileRef. Date
....................... Subscription required ....................... Subscription required ........... Subscription required Subscription required Mar 22, 2018
....................... Subscription required ....................... Subscription required Subscription required Mar 22, 2018
....................... Subscription required ....................... Subscription required ........... Subscription required ........... Subscription required Subscription required Nov 18, 2024
....................... Subscription required ....................... Subscription required Subscription required Nov 18, 2024

Total WorkforceYear
...... Subscription required 2018

Aerial view:

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