Summary

Mine Type	Underground
Study Completed	Preliminary Economic Assessment
Status	Inactive / Suspended
Commodities	Zinc Lead Copper Silver Gold
Mining Method	Sub-level open stoping (SLOS) Sub-level Retreat Longitudinal retreat Mechanized Cut & Fill Post Pillar Cut & Fill Avoca Transverse open stoping
Backfill type	...
Mine Life	...
Snapshot	The Halfmile-Stratmat integrated project is comprised of the Halfmile mine and the advanced exploration stage Stratmat project. On August 19, 2022, the owner company received an Initial Order for creditor protection from the British Columbia Supreme Court under the Companies' Creditors Arrangement Act (CCAA). On June 30, 2023, the Court granted an order in the ongoing CCAA proceedings, giving FTI Consulting Canada Inc., the appointed Monitor, enhanced powers to manage the property. Please note that all data presented below is sourced from 2017 technical report prepared by SRK Consulting (Canada) Inc.
Related Assets	Halfmile Project, Stratmat Project

Deposit type

• VMS

Summary:

The Halfmile and Stratmat are volcanic massive sulphide (VMS) deposits typical of the Bathurst Mining Camp (BMC). The BMC hosts 45 volcanic-sediment hosted massive sulphide deposits and 95 occurrences, including the world-class Brunswick 12 Mine. BMC deposits formed in a sediment-covered back-arc continental rift during periods when the basin was stratified with a lower anoxic water column. The basin was subsequently intensely deformed and metamorphosed during multiple collisional events related to east-dipping subduction of the basin.

The VMS deposits typically form lenses of polymetallic massive sulphide. Most deposits are zoned vertically and laterally from a high temperature, vent-proximal, copper-polonium bismuth-rich veined and brecciated core to vent-distal zinc-lead-silver-rich hydrothermal sediments. The vent complex is commonly underlain by a highly deformed sulphide stringer zone that extends hundreds of metres beneath deposits and consists of veins and impregnations of sulphides, silicates, and carbonates that cut chloritized and sericitized volcanic and sedimentary rocks.

The sulphide minerals consist of disseminated and massive pyrite-sphalerite-galena and chalcopyrite. The sulphide minerals are fine- to medium-grained, and are coarser than those typically found in deposits of the BMC.

Disseminated mineralization, commonly of economic grade, occurs in the phyllitic sedimentary rocks as well as in the talc layers which locally grade into massive sulphide. A layer of massive pyrite-chalcopyrite, typically less than 1 m thick, occurs locally on the stratigraphic footwall side of the economic mineralization.

Stratigraphic relationships are based on observations of drill and rock exposures. The copper-rich layer may be in contact with, or grade into pyrite-poor massive sphalerite galena ore that locally is up to a few meters thick (grades average 5 to 15% lead and 15 to 35% zinc). Gangue minerals include muscovite, talc, chlorite, quartz, and carbonates. Many of the copper-rich and lead-zinc-rich massive sulphide layers are separated by talcose or phyllitic zones that commonly carry disseminated sulphide mineralization. Calcite is the most common carbonate, but ferroan dolomite and siderite also are present.

Mining Methods

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Comminution

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Processing

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Commodity Production

Operational metrics

Personnel

Job Title	Name	Phone	Email	Profile	Ref. Date
.......................	.......................	...........	...........		May 26, 2025