Raptor Metals (ASX:RAP) is a junior explorer pursuing gold projects in Western Australia’s Eastern Goldfields, as well as high-potential copper and polymetallic assets in Canada’s renowned Bathurst Mining Camp. The Company is strategically positioned to benefit from the growing global demand for critical metals, pursuing a focused program of resource verification, expansion and exploration.
Its flagship Chester project, in which Raptor holds a 100 percent interest, is located within the tier-1 Bathurst Mining Camp – a prolific VMS district that has historically produced over 475 metric tonnes of base metals across over 46 deposits, including the world-renowned Brunswick No. 12 mine. Chester is already hosting a JORC 2012 MRE of 6.685 Mt at 1.07 per cent copper from surface, based on high-confidence inferred resources and significant polymetallic credits.
The Chester deposit remains open along strike and at depth, offering immediate upside potential. Raptor’s disciplined exploration approach is designed to unlock additional resources and advance discoveries, positioning the Company to deliver value as global demand for copper, zinc and related critical metals increases.
Company Highlights
- Established JORC Resource Base: Chester has a JORC 2012 Mineral Resource Estimate of 6.685 Mt @ 1.07 percent copper – Indication: 4.87 Mt @ 1.13 percent copper; Estimated: 1.82 Mt @ 1.01 per cent copper – with polymetallic credits in lead, zinc and silver.
- Active Drilling Program, Assays Imminent: A 2,200 meter diamond drill program at Chester is nearing completion – 12 of 15 HQ holes have been completed, with 3 metallurgical (PQ) holes planned. Assay results are expected within 6-8 weeks.
- Strategic Tier-1 Location: Both Canadian projects are located within the prolific Bathurst Mining Camp, New Brunswick – a globally recognized VMS district with historical production in excess of 475 metric tons from 46+ deposits.
- Near Term Resource Development Catalysts: Pathway to resource expansion at Chester and conversion of high-grade historic drilling at the Turgeon Project into the first JORC MRE.
- Diversified Critical Mineral Portfolio: Advancing copper, zinc, lead, gold and silver properties in the two countries, with exploration at the Emu Lake Gold Project in the Eastern Goldfields of Western Australia.
