About Us

Company Overview

About Copper Quest Exploration Inc.

The company’s landholdings comprise eight projects that span over 46,000 hectares in great mining jurisdictions of Canada and the United States. Copper Quest is committed to building shareholder value through acquisitions, discovery-driven exploration and responsible development of its North American critical mineral portfolio of assets. The company’s common shares are principally listed on the Canadian Securities Exchange under the symbol CQX.

Copper Quest has a 100-per-cent interest in the past-producing Alpine gold mine, located approximately 20 kilometres northeast of the city of Nelson, B.C., spanning 4,611.49 hectares, with a 2018 National Instrument 43-101, Standards of Disclosure for Mineral Projects, historical inferred resource of 268,000 tonnes, estimated using a cut-off grade of 5.0 grams per tonne (g/t) gold (Au) and an average grade of 16.52 g/t Au, representing an inferred resource of 142,000 ounces (oz) of gold (McCuaig & Giroux, 2018)*. Apart from the Alpine mine itself, the property hosts four other less explored significant vein systems, including the past-producing King Solomon vein workings, the Black Prince and the Cold Blow veins system, and the Gold Crown vein system.

Copper Quest has a 100-per-cent interest in the road-accessible Stars porphyry copper-molybdenum property, spanning 9,693 hectares in central British Columbia’s Bulkley porphyry belt, with Tana zone discovery drill intersection highlights of 0.466 per cent copper (Cu) over 195.07 metres* (m) in drill hole DD18SS004 from 23.47 m, 0.200 per cent Cu over 396.67 m* in drill hole DD18SS010 from 29.37 m and 0.205 per cent Cu over 207.27 m* in drill hole DD18SS015 from 163.98 m. This highly prospective, approximately five-by-2.5-kilometre annular magnetic anomaly is interpreted to represent an altered monzonite intrusion and surrounding hornfels.

Copper Quest has a 100-per-cent interest in the road-accessible Kitimat copper-gold property, spanning 2,954 hectares within the Skeena mining division of northwestern British Columbia, located northwest of the deepwater port community of Kitimat, B.C. The property benefits from exceptional infrastructure, being within 10 km of tidewater, 1.5 km of rail and six km of high-voltage hydroelectric transmission lines. Exploration on the Kitimat property dates to the late 1960s, with the most significant historical work conducted by Decade Resources Ltd. (2010), which completed 16 diamond drill holes totalling 4,437.5 metres in the Jeannette Cu-Au zone, and drill intersection highlights of 1.03 g/t Au and 0.54 per cent Cu over 117.07 m in hole J-7 from 1.52 m, 1.00 g/t Au and 0.55 per cent Cu over 103.65 m in hole J-1 from 9.15 m, 0.80 g/t Au and 0.45 per cent Cu over 107.01 m in hole J-2 from 6.10 m, and 0.41 g/t Au and 0.33 per cent Cu over 112.20 m in hole J-8 from 11.89 m.

Copper Quest has a 100% interest in the past-producing, road accessible Auxer Gold Mine, spanning 1,087 hectares located in Bonner County, Idaho, USA. This orogenic gold opportunity is positioned along one of the region’s most significant structural corridors located within the prolific Hope Fault system. Historical exploration has demonstrated exceptional gold grades, with the 1936 Platts report documenting up to 21.0 g/t Au in surface samples and underground workings showing consistent mineralization over 4.3-meter widths averaging 9.42 g/t Au at an 18-meter depth.

Copper Quest has a 100-per-cent interest in the Nekash copper-gold project, a porphyry exploration opportunity located in Lemhi county, Idaho, along the prolific Idaho-Montana porphyry copper belt, which hosts world-class systems such as Butte and CUMO. The project is fully road-accessible via maintained U.S. highways and forest service roads, and consists of 70 unpatented federal lode claims covering 585 hectares.

Copper Quest has a 100-per-cent interest in the road-accessible Stellar property, spanning 5,389 hectares in British Columbia’s Bulkley porphyry belt contiguous to the Stars property. Copper Quest has a 100-per-cent interest in the Thane project, located in the Quesnel terrane of Northern British Columbia, spanning over 20,658 hectares with 10 priority targets identified demonstrating significant copper and precious metal mineralization potential.

Copper Quest has an earn-in option of up to 80 per cent and joint venture agreement on the road accessible Rip porphyry copper-molybdenum project, spanning 4,700-hectares located in the Bulkley porphyry belt in central British Columbia.

Advisors to the Board

Mike Ciricillo

Board Advisor

Mr. Ciricillo is a mining executive with over 30 years of operational and project experience, having lived and worked on 5 continents over the span of his career. Mike began his career in 1991 at INCO Ltd in Canada and later joined Phelps Dodge in 1995 which was acquired by Freeport-McMoRan. There he served in positions of increasing responsibility in the United States, Chile, The Netherlands, and the Democratic Republic of Congo (DRC). In the DRC, Mike served as … READ MORE icon

Rich Leveille

Board Advisor

Mr. Leveille has a lifetime’s worth of experience in the mining sector, having grown up in major copper camps in the western US where his father worked for Kennecott. He has a B.S. Geology from the University of Utah and an M.S. in geology at the University of Alaska, Fairbanks. He worked for a progression of companies including AMAX, Kennecott, Rio Tinto, Phelps Dodge and Freeport-McMoRan in the US and internationally, where he was directly involved with and/or … READ MORE icon

Rick Gittleman

Board Advisor

Mr. Gittleman is a mining executive with over 40 years of experience in the mining industry. He served as the outside legal counsel for Gécamines, the national mining company of the Democratic Republic of Congo (“DRC”). As a project finance and M&A lawyer at Akin Gump Strauss Hauer & Feld he worked for numerous oil and gas, mining and power companies seeking to do business in Africa. He served as Sr. Vice President at Freeport McMoran and worked extensively … READ MORE icon

Dave McMillan

Special Advisor

Mr. McMillan has been involved in the mining and financial markets for over 40 years and has, since his retirement from the securities industry in 2000, held numerous director and executive roles in public and private companies. During his 17 years in the securities industry, Mr. McMillan was an investment advisor, vice president, director and senior partner in one of the top private brokerage firms in Canada. During this time, Mr. McMillan was instrumental in the … READ MORE icon

Dr. Mark Cruise, Ph.D, P.Geo

Technical Advisor

Dr. Mark Cruise is a professional geologist with over 27 years of international exploration and mining experience. A former polymetallic commodity specialist with Anglo American plc, Dr. Cruise founded and was Chief Executive Officer of Trevali Mining Corporation. Under his leadership, from 2008 to 2019, the company grew from an initial discovery into a global zinc producer with operations in the Americas and Africa. He has previously served as Vice President … READ MORE icon

John Fleishman

Technical Advisor

Mr. Fleishman started his career working at Blackdome Mining Corp. and Ashworth Explorations Ltd. in the 1980s. He was part owner of Reliance Geological Ltd. from 1990 to 1993. From 1993 to 2006 John worked in South America, Mexico, Canada, and the USA for Canabrava Diamonds Corp. and Southwestern Gold Corp. before staking the Blackwater Davidson property which he sold the NSR to New Gold, now owned by Artemis Gold. Mr. Fleishman was a director of West Cirque … READ MORE icon

Tony Barresi, Ph.D., P.Geo.

Technical Advisor

Mr. Barresi is a seasoned exploration geologist and corporate executive who has led successful exploration campaigns and corporate development activities for multiple junior exploration companies during transformative periods in their history. He is the past President and Director of QuestEx Gold & Copper Ltd., and Triumph Gold Corp. and he has been exploring for mineral deposits in the … READ MORE icon

Joshua White, P.GEO

Technical Advisor

Mr. White is an exploration geologist with over 13 years of experience and a principal of Aqua Terra Geoscientists LLC. He was a United States Marine combat engineer who served two tours in Iraq. After returning home in 2005, he earned a Bachelor of Science Degree in Geology from the University of Wyoming, followed by a Masters Degree of Science in Geosciences from Montana … READ MORE icon

Chad McMillan

Strategic Advisor

Mr. McMillan is an experienced senior executive with over twenty years in and around the capital markets business, building, managing, and helping to finance public companies. He is well versed in executive management, corporate finance, mergers and acquisitions, corporate communications, community relations, and more, having served in roles such as President, CEO, Director, Vice President Corporate Communications, and Strategic Advisor. … READ MORE icon

Ted Muraro

Technical Advisor

Mr. Theodore (Ted) W. Muraro has been appointed as Technical Advisor to the Board. Mr. Muraro has accumulated over six decades of experience in mineral exploration, including 35 years with Cominco where he advanced to serve as the company’s Chief Geologist and Internal Consulting Geologist. Early in his career, Mr. Muraro gained underground experience … READ MORE icon

Disclaimer

Copper Quest Exploration Inc. (or “the Company“) cautions that the contents of this website are provided for informational purposes only and may not be copied, summarized, distributed, modified, transmitted, revised or commercially exploited without the Company’s prior written permission.

The Company expressly warns readers not to rely on the information herein for investment or other related purposes. Accordingly, any use of this information is at one’s own risk and without liability to the Company.

The information contained herein is not, and under no circumstances is to be construed as either a public or a private offer or solicitation to purchase securities in the capital stock of Copper Quest Exploration Inc. The reader is advised to consult professional financial advice regarding investment or related decisions respecting the securities of the Company.

No securities commission or similar regulatory authority has passed on the merits of or reviewed the information contained herein.

This website contains “forward-looking statements” and “forward-looking information” (collectively, “forward-looking information”) within the meaning of applicable Canadian securities legislation. All information contained in this news release, other than statements of current and historical fact, is forward-looking information. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “budget”, “guidance”, “scheduled”, “estimates”, “forecasts”, “strategy”, “target”, “intends”, “objective”, “goal”, “understands”, “anticipates” and “believes” (and variations of these or similar words) and statements that certain actions, events or results “may”, “could”, “would”, “should”, “might” “occur” or “be achieved” or “will be taken” (and variations of these or similar expressions). Forward-looking information is also identifiable in statements of currently occurring matters which may continue in the future, such as “providing the Company with”, “is currently”, “allows/allowing for”, “will advance” or “continues to” or other statements that may be stated in the present tense with future implications. All of the forward-looking information in this presentation is qualified by this cautionary note. Forward-looking information is based on, among other things, opinions, assumptions, estimates and analyses that, while considered reasonable by Copper Quest Exploration Inc. at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies and other factors that may cause actual results and events to be materially different from those expressed or implied by the forward-looking information.

Forward-looking statements involve known and unknown risks, uncertainties, contingencies and other factors that may cause actual results and events to be materially different from those expressed or implied by the forward-looking information. The risks, uncertainties, contingencies and other factors that may cause actual results to differ materially from those expressed or implied by the forward-looking information may include, but are not limited to, risks generally associated with the mining industry, such as economic factors (including future commodity prices, currency fluctuations, energy prices and general cost escalation), uncertainties related to the development and operation of Copper Quest Exploration Inc.’s projects, dependence on key personnel and employee and union relations, risks related to political or social unrest or change, rights and title claims, operational risks and hazards, including unanticipated environmental, industrial and geological events and developments and the inability to insure against all risks, failure of plant, equipment, processes, transportation and other infrastructure to operate as anticipated, compliance with government and environmental regulations, including permitting requirements and anti-bribery legislation, volatile financial markets that may affect Copper Quest Exploration Inc.’s ability to obtain additional financing on acceptable terms, the failure to obtain required approvals or clearances from government authorities on a timely basis, uncertainties related to the geology, continuity, grade and estimates of mineral reserves and resources, and the potential for variations in grade and recovery rates, uncertain costs of reclamation activities, tax refunds, and hedging transactions. Should one or more risk, uncertainty, contingency or other factor materialize or should any factor or assumption prove incorrect, actual results could vary materially from those expressed or implied in the forward-looking information. Accordingly, the reader should not place undue reliance on forward-looking information. Copper Quest Exploration Inc. does not assume any obligation to update or revise any forward-looking information after the date of this presentation or to explain any material difference between subsequent actual events and any forward-looking information, except as required by applicable law.

The information concerning the Company’s mineral properties has been prepared in accordance with National Instrument 43-101 (“NI-43-101”) adopted by the Canadian Securities Administrators. In accordance with NI-43-101, the terms “mineral reserves”, “proven mineral reserve”, “probable mineral reserve”, “mineral resource”, “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource” are defined in the Canadian Institute of Mining, Metallurgy and Petroleum (the “CIM”) Definition Standards for Mineral Resources and Mineral Reserves adopted by the CIM Council on May 10, 2014. While the terms “mineral resource”, “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource” are recognized and required by NI 43-101, the U.S. Securities Exchange Commission (“SEC”) does not recognize them. The reader is cautioned that, except for that portion of mineral resources classified as mineral reserves, mineral resources do not have demonstrated economic value. Inferred mineral resources have a high degree of uncertainty as to their existence and as to whether they can be economically or legally mined. It cannot be assumed that all or any part of any inferred mineral resource will ever be upgraded to a higher category. Therefore, the reader is cautioned not to assume that all or any part of an inferred mineral resource exists, that it can be economically or legally mined, or that it will ever be upgraded to a higher category. Likewise, users are cautioned not to assume that all or any part of a measured or indicated mineral resource will ever be upgraded into mineral reserves.

All quotes are delayed at least 20 minutes unless otherwise stated. All stock quotes and historical stock price data are provided by third-party service providers and are provided for informational purposes only and are not intended for trading purposes. If users are considering trading in the securities of Copper Quest Exploration Inc., the Company strongly advises to seek independent professional financial advice before making any investment decision. Copper Quest Exploration Inc. makes no representation or warranty regarding the accuracy or completeness of any such stock price quotes or historical stock price data and has not taken any steps to verify the adequacy, accuracy or completeness of the information provided herein.

Copper Quest Exploration Inc. will not sell or provide any personal information to anyone without user permission. Copper Quest Exploration Inc. is committed to protecting the privacy of visitors to our web site. Copper Quest Exploration Inc. will not use any personal information collected at this site for any purpose other than internal use. If users have any questions or concerns about any privacy issues, please contact the Company at investors@copperquestexploration.com

This website may contain links to third-party websites that are not owned or controlled by Copper Quest Exploration Inc., and as such, the Company assumes no responsibility for the information, data, opinions, advice, statements, content, privacy policies, or practices of any third-party websites. Access and use of third-party websites is solely at the risk of the user. Accordingly, Copper Quest Exploration Inc. encourages users to be aware when leaving the Company’s website and to read the terms and conditions of use for each third-party website visited.

Reliance on Third-Party Information

Where the Company has relied on information from third parties, while it has endeavoured to ensure that such information is correct and if published by third parties was published by sources believed to be reliable in terms of its factual nature, however, there can be no assurance that such information is accurate, reliable or complete.

Reliance on Historical Information

The historical information contained herein was published by sources believed to be reliable in terms of its factual nature. The Company is not materially relying on this historic information but intends to use it as a guide to locating relative confirmation thereof if, where and when necessary. The historical information contained herein published by third parties was published by sources believed to be reliable in terms of its factual nature, however by its nature this historical technical data is not compliant with the technical specifications necessary under National Instrument 43-101, unless otherwise stated. The Company is not materially relying on this historic information but intends to use it as a guide to locating relative confirmation thereof if, where and when necessary.

The technical contents of this website for the Thane and Chuck Creek projects in British Columbia, Canada have been reviewed and approved by Thomas Hawkins, Ph.D, P.Geo, a former consultant to the Company, a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 “Standards of Disclosure for Mineral Projects”.

Board of Directors

Brian Thurston, P.Geo

CEO & Director

Mr. Thurston has over 32 years’ geological experience working on projects from grass roots to feasibility level in North and South America, Africa and India. As Country Manager he was instrumental in the initial exploration, land acquisition and development of Aurelian Resources in Ecuador, which was acquired in 2008 by Kinross for $1.2B. In 2004, Mr. Thurston transitioned from geologist to corporate positions and has founded several public companies and held … READ MORE icon

Jason Nickel

Director

Mr. Nickel is an experienced Mining Executive and Engineer, Investor and Entrepreneur with a diverse 25-year mining background in operations, engineering, feasibility and exploration / development of venture capital projects. Most recently he held position as Mine Manager for a significant Canadian emerging gold producer, leading the production and development of new underground and pit operations. He has provided management and consulting services to … READ MORE icon

Cameron MacDonald

Director

Mr. MacDonald has over 18 years of Capital Markets public company experience as founder and CEO of the Macam Group of Companies specializing in Capital Markets, M&A, banking, financial management, and operations. He has been investing in start-up companies since 2002 and has helped raise over $300 million in equity and over $650 million in debt financings. Mr. MacDonald is currently the President and CEO of Tenth Avenue Petroleum … READ MORE icon

Allan Matovich

Director

Mr. Matovich has 60+ years of mining and exploration experience in Canada and the United States. He first started with Cominco in Trail BC working in the smelter operation. Mr. Matovich then started Matovich Mining Industries where they supplied considerable tonnages of siliceous flux materials, lead and zinc concentrates to Cominco for over 20 years. Mr. Matovich then opened up a mining operation in 1997 in Northern British Columbia to … READ MORE icon

Management

Brian Thurston, P.Geo

CEO & Director

Mr. Thurston has over 32 years’ geological experience working on projects from grass roots to feasibility level in North and South America, Africa and India. As Country Manager he was instrumental in the initial exploration, land acquisition and development of Aurelian Resources in Ecuador, which was acquired in 2008 by Kinross for $1.2B. In 2004, Mr. Thurston transitioned from geologist to corporate positions and has founded several public companies and held … READ MORE icon

Dong Shim

Chief Financial Officer

Mr. Shim has led a successful accounting and finance career in both the US and Canada. He brings a wealth of knowledge to the team with his expertise in auditing publicly traded junior mining companies and high-tech industries. Member of the Chartered Professional Accountants of British Columbia and a Certified Public Accountant registered in the State of Illinois, United States. Mr. Shim also assisted various start-up companies in achieving public listings on the … READ MORE icon

Andrew Brown

Corporate Secretary

Mr. Brown is president of Ardent Corporate Services Inc., a full-service corporate secretarial firm that provides corporate secretarial and corporate governance services for public companies including SEDI, SEDAR, corporate finance and regulatory reporting. Mr. Brown has over 15 years of experience working in the public markets and has served as an executive officer of several TSX Venture and Canadian Securities Exchange listed issuers … READ MORE icon