Althea Copper is advancing the historic Mink Narrows Property in Manitoba’s Flin Flon–Snow Lake Mining District—one of Canada’s most productive regions for copper and zinc. The project hosts a historical estimate of over 500,000 tonnes grading 1.5% copper and 0.5% zinc, based on over 80 years of exploration by major companies like Falconbridge and Hudson Bay. With a large, underexplored land package and strong potential for copper, zinc, gold, silver, and nickel, Mink Narrows offers compelling near-term upside. A 2024 option agreement and completed geophysical surveys have paved the way for immediate exploration. Backed by a team with deep regional expertise, Althea is focused on creating lasting value through strategic execution and disciplined exploration.
Founded Althea Copper Corp in 2022, Pivoted to the Mink Narrows Project in Manitoba in 2024 with support from Axiom Exploration and….
25+ years in land, regulatory, compliance, and project execution. Formerly with Shell Canada and other industry leaders. Deep expertise in government relations,….
25+ years global exploration & mining experience in precious, base and critical metals as well as uranium and diamonds. Led high-grade uranium….
President & CEO of Axiom Exploration. Professional Geologist with applied geostatistics background…..
20+ years across Manitoba/Saskatchewan. President & CEO of Boreal Gold. Formerly with M’Ore Exploration and Voyageur Minerals…..
Corporate Strategy Lead at Axiom. Key role in operational planning, logistics, and stakeholder alignment…..
Senior Geologist, Axiom Exploration. Expert in VMS/base-metal systems. Leads geological modeling and targeting at Mink Narrows…..
The property boasts an impressive collection of 70 rock samples featuring exceptional grades of gold, including 15.8 g/t, 2.59 g/t, and 0.87 g/t, as well as four samples containing over 1% copper. Furthermore, the 124 Ridge and Spur soil samples reveal a coincident multi-element anomaly, including gold, copper, zinc, and lead, centered over the core of the alteration anomaly. This type of anomalism is typical of Porphyry or Epithermal Systems, with the pattern indicating higher crustal levels within the Pcu system. The property boasts a 2 km-long mineralized corridor, defined over the core of the property, making it a highly promising prospect.
Building on the 2022 remote sensing results, we will conduct a comprehensive target ranking exercise, leading to additional staking and maximizing our chances of success. Our expert team will engage in prospecting and rock sampling while also expanding the soil sampling gridlines to gain a deeper understanding of the geological makeup of the site. Additionally, we will utilize SWIR analysis for interpretation and targeting, as well as review regional geophysics and conduct lithostructural interpretation. The Denio property has more characteristics of a porphyry system based on SWIR mineralogy from rock samples.
Althea Copper has planned a property-wide airborne magnetics survey, covering the entire property and providing us with a comprehensive view of the underlying geology. Additionally, we will utilize cutting-edge ground MT or IP geophysics techniques to further enhance our understanding of the site's geological makeup.
Axiom will also focus on target ranking and drilling. Our team of experts will conduct a meticulous target ranking exercise, utilizing the latest data and insights to prioritize high-potential areas for exploration. This will be followed by a comprehensive drilling program designed to test these targets and provide us with a deeper understanding of the geology and mineralization potential of the site.
The property boasts an impressive collection of 70 rock samples featuring exceptional grades of gold, including 15.8 g/t, 2.59 g/t, and 0.87 g/t, as well as four samples containing over 1% copper. Furthermore, the 124 Ridge and Spur soil samples reveal a coincident multi-element anomaly, including gold, copper, zinc, and lead, centered over the core of the alteration anomaly. This type of anomalism is typical of Porphyry or Epithermal Systems, with the pattern indicating higher crustal levels within the Pcu system. The property boasts a 2 km-long mineralized corridor, defined over the core of the property, making it a highly promising prospect.
Axiom Exploration officially partners with Althea Copper. Under the leadership of Doug Engdahl, Axiom not only brings invaluable exploration expertise but also promising investment opportunities. Looking ahead, Althea Copper’s upcoming objectives include wrapping up the Seed Round, initiating the Axiom Field Work Program in May 2024, potentially acquiring an additional property near Denio, Nevada, and aiming to identify drill targets on both properties by the end of Q2 or early Q3 2024. A liquidity event is anticipated for late Q3 or early Q4 2024, subject to market conditions.
Building on the 2022 remote sensing results, we will conduct a comprehensive target ranking exercise, leading to additional staking and maximizing our chances of success. Our expert team will engage in prospecting and rock sampling while also expanding the soil sampling gridlines to gain a deeper understanding of the geological makeup of the site. Additionally, we will utilize SWIR analysis for interpretation and targeting, as well as review regional geophysics and conduct lithostructural interpretation. The Denio property has more characteristics of a porphyry system based on SWIR mineralogy from rock samples.
Althea Copper has planned a property-wide airborne magnetics survey, covering the entire property and providing us with a comprehensive view of the underlying geology. Additionally, we will utilize cutting-edge ground MT or IP geophysics techniques to further enhance our understanding of the site’s geological makeup.
Axiom will also focus on target ranking and drilling. Our team of experts will conduct a meticulous target ranking exercise, utilizing the latest data and insights to prioritize high-potential areas for exploration. This will be followed by a comprehensive drilling program designed to test these targets and provide us with a deeper understanding of the geology and mineralization potential of the site.
Copper Demand Outpacing Supply
Market projected to face a ~30% supply deficit
Tier 1 Jurisdiction
Advancing the historic Mink Narrows Project 4in Manitoba’s prolific Flin Flon–Snow Lake Mining District.
Known Mineralization
Historic non-compliant resource of >500,000 tonnes @ 1.5% Cu & 0.5% Zn.
District-Scale Land Package
53 claims / 6,984 ha with multiple high-priority drill targets.
Drill-Ready Asset
Strategic targets already defined; no guesswork.
Significant Discovery Upside
Undrilled conductors and open zones at depth
Team with Proven Success
Experienced Flin Flon explorers and developers.
Our project boasts a large, strategically positioned land package with multiple high-priority exploration targets. The district remains underexplored, offering significant upside potential for additional staking and expansion. With no competing claims in the surrounding area, we have the flexibility to grow our footprint and further consolidate a dominant land position in the region.
