The Climax ore body is a porphyry molybdenum deposit, with molybdenite as the primary sulfide mineral. Many intersecting small veins of molybdenite form a stockwork in an altered quartz monzonite porphyry. It's a low-grade ore deposit is, but the ore bodies are very large. The rocks of the Climax are alkaline felsic intrusives, which range from porphyritic alkaline rhyolite to alkaline aplite to porphyritic alkaline granite.

Climax mine is an open-pit molybdenum mine that is located 13 miles northeast of Leadville, Colorado.

The available mining fleet consists of eleven 177-metricton haul trucks loaded by two hydraulic shovels with bucket sizes of 34 cubic meters, which are capable of moving an average of 90,000 metric tons of material per day.

The Climax mine is located in a mountainous region. The highest bench elevation is approximately 4,050 meters above sea level and the ultimate pit bottom is expected to have an elevation of approximately 3,100 meters above sea level.

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