Laramide District, Arizona
The Red Top project is located in the Laramide porphyry copper district in Arizona. Nearby significant mines and giant copper depositsinclude Resolution and Superior East (Rio Tinto/BHP), Pinto Valley (Capstone Mining), Carlota (KGHM International), Ray (ASARCO), San Manuel-Kalamazoo (BHP) and Florence (Taseko).
The Red Top project is in the Superior Mining District, 8 kilometers northwest of the Resolution development project and approximately 11 kilometers from the Carlota and Pinto Valley mining operations. Red Top is comprised of 192 unpatented mining claims covering over 3,583 acres. Red Top exhibits widespread porphyry style alteration with locally intense alteration spanning several hundred meters that is associated with anomalous base metals mineralization. These intensely altered areas of quartz-sericite, as well as zones of pyrophyllite, illite and dickite, are analogous to assemblages associated with mineralization at the upper levels of the Resolution deposit (Manske et al., 2002). This alteration and mineralization has been interpreted as the expression of the upper levels of a now moderately tilted porphyry system that has only seen limited historical exploration (i.e., no drilling within the target area). Red Top is drill ready and permitted. The project will be drill tested in 2021.