Perseverance
Project
Concealed Porphyry Copper Target in a World-Class District
Strong indicators point to proximity to mineralization
TECHNICAL FOUNDATION
Key Indicators of a
Concealed Porphyry System
Multiple independent datasets point to the presence of a large, concealed porphyry copper system at Perseverance.
Alteration
Extensive quartz-sericite-pyrite alteration and leached capping consistent with porphyry environments
Mineralization
Presence of chalcopyrite, bornite, and chalcocite indicates proximity to a mineralized porphyry system
Structure
Offset geometry along low-angle faults suggests preserved mineralization beneath cover
Geochemistry
Surface and subsurface geochemistry vectors toward a concealed mineralized center
LOCATION
Northwestern Arizona (~30 km from Big Sandy)
DRILLING
23 holes completed
TARGET SCALE
~2 × 3 km porphyry target
OWNERSHIP
Earn-In / Joint Venture
OVERVIEW
Why the Perseverance Target Matters
Perseverance represents a large-scale concealed porphyry copper system beneath gravel cover in northwestern Arizona. Integrated geological, geophysical, and drilling data define a coherent system consistent with the margins of a major Laramide porphyry center.
The scale of alteration, mineralization, and geophysical anomalies indicates a district-scale system with strong potential for a preserved, high-grade mineralized system.
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Surface exposure of the system root zone (3 km X 5 km) +10 km to the west provides indication of a large target size
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Perseverance Footwall Quartz-Magnetite Stockwork 4.3 km2
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Perseverance pyrite halo 3 km x 5 km
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Escondida pyrite halo 2.5 km x 4.5 km
Perseverance Target 5.5 billion tonnes
TECHNICAL FOUNDATION
Technical Evidence of a
Concealed Porphyry System
Geophysical Targeting (Magnetotellurics)
Magnetotelluric (MT) data define a large conductive anomaly at depth, consistent with sulfide mineralization associated with porphyry systems. The anomaly footprint supports a sizable target beneath cover.
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Structural interpretation showing displacement from a potential porphyry root zone.
Drilling Confirms Proximity to a Porphyry System
Drill Hole K-20
- 700m+ of anomalous copper mineralization
- Presence of chalcopyrite, bornite, and chalcocite
- Acoustic televiewer data suggest mineral source to the northeast
Bornite and chalcocite replacing chalcopyrite
Drill Hole K-23
- First appearance of volcanic rocks tied to porphyry system
- Intense sericite alteration and supergene oxidation
- Trace residual chalcocite in leached cap
- Base metal veins (sphalerite, galena, tennantite)
Leached capping in Laramide volcanic rocks in drillhole K-23
Left to Right: chrysocolla, gold grains, mineralized water in K-20 and leached capping in K-19
Fluid Inclusion Study Confirms a
Large-Scale Porphyry System
A detailed fluid inclusion study conducted as part of a Master’s thesis at the University of Nevada, Las Vegas (Wyatt Bain, 2015) provides independent academic validation of the Perseverance system. The study confirms hydrothermal conditions consistent with a vertically zoned porphyry copper system.
Fluid Inclusion Data Confirmed
- Formation at depth consistent with porphyry roots (6–12 km)
- High-temperature hydrothermal system (>300–500°C)
- Multiple pulses of mineralizing fluid flow
- Evidence of fluid immiscibility (key ore-forming process)
- Copper transport associated with vapor-rich fluids
Fluid inclusion characteristics closely match those observed in established porphyry systems, including deep, CO₂-bearing fluid evolution and efficient metal transport.These results are comparable to fluid inclusion signatures observed in major porphyry systems such as Butte, Montana. These results independently support the presence of a large-scale porphyry system at Perseverance.
Multiple independent datasets — including geophysics, drilling, geochemistry, and academic research — support the presence of a large concealed porphyry system at Perseverance.
Chalcopyrite veins partially replaced by bornite-chalcocite, depth 765 meters
Chalcopyrite veins partially replaced by bornite-chalcocite, depth 1029 meters
Magnetotelluric Survey shows evidence that the K-23 drill hole is near a porphyry copper system.
Positioned Adjacent to a Porphyry Root System
Many Arizona deposits were tectonically dismembered and transported by low-angle faults. The Perseverance target is interpreted to be offset approximately 10 km from its potential root zone at Wheeler Wash.
This relationship supports the potential for a preserved, mineralized porphyry system beneath cover.
Surface Geochemistry Vectors Toward a Concealed System
- Chrysocolla indicates active copper enrichment processes
- Gold grain textures suggest transport from sulfide source
- Groundwater geochemistry shows elevated Cu, Mo, and sulfate
- Nearly 150 m of leached capping observed
Together these features suggest proximity to major porphyry leaking As, Au, Cu, F, Mo and S from its leached cap.
Magnetic anomaly map showing interpreted offset of a porphyry system across the Hualapai Fault, separating the deeper footwall zone (FW) from the shallower hanging wall (HW) target (after Bain, 2015).
Earn-In / Joint Venture Structure
Partner: Cordoba Minerals
The Perseverance Project is advanced through a structured earn-in agreement with
Cordoba Minerals, allowing systematic development while minimizing upfront capital exposure.
What This Means for Investors
Integrated geological, geophysical, and drilling data support a large concealed porphyry copper system at Perseverance.
The scale, setting, and supporting evidence position the project as a compelling exploration opportunity within a proven Arizona district.