Key facts
| Company | Oreterra Metals Corp. (TSXV: OTMC) |
|---|---|
| Commodity | Gold |
| Location | Nevada, USA |
| Stage | Early exploration |
About Trek North
The Trek claims cover one of the few known porphyry Cu-Au occurrences in this part of the Golden Triangle not held by the Galore Creek Mining Corp. (GCMC). Work on Trek North was suspended after 2011 when the Galore Creek development project was halted due to an upward re-estimation of the capital costs. The owners of GCMC, now Teck and Newmont, have resumed work on the project in the past few years and it is currently in the pre-feasibility study stage. If a decision is made to proceed with development of a mine, GCMC will complete a mine access road and a slurry pipeline from the deposit(s) across the Trek claims to the mill site 11 km east of Trek. The economics of any mineralized zone on the Trek claims would then be greatly enhanced.