Geologica Resource Corp. has made an exciting announcement with the strategic acquisition of the “Titan” property in the Atlin mining district of British Columbia. These claims are situated adjacent to the Llewellyn Fault Zone, a significant structure known for hosting various gold, silver, and base metal showings, including the Engineer and Mount Skukum gold mines.
Exploration efforts at Titan are targeting polymetallic vein systems that could be linked to splays off the highly prospective Llewellyn Fault Zone. Recent grab samples from the Buchans Creek showing on the property have revealed high-grade polymetallic veins enriched in gold, silver, copper, lead, zinc, antimony, and tellurium. Notably, the presence of antimony and tellurium is garnering attention due to their categorization as critical minerals by the Canadian and U.S. governments.
Antimony, a strategic critical mineral essential for various applications including military uses and renewable energy storage, has seen a significant price surge in recent years due to limited global supply. Similarly, tellurium, crucial for photovoltaic solar cells, has experienced a substantial increase in spot market prices. The acquisition of the Titan property positions Geologica Resource Corp. to tap into the growing demand for these critical minerals.
In addition to the Titan property, Geologica Resource Corp. is actively exploring the Topley copper claims, focusing on high-priority copper exploration targets and VMS target areas. The Company’s commitment to acquiring projects with significant technical merit highlights its dedication to building shareholder value and contributing to the supply of critical minerals essential for modern technologies.
