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Miocene Metals (TSXV: MII) offers exceptional discovery potential within an area close to existing infrastructure in southwestern BC.
Miocene Metals was founded in 2010, to acquire and explore Wallbridge's BC properties, and completed its IPO and listing on the TSXV in August 2011. Miocene is modelled after Wallbridge Mining's (WM:TSX) successful spinout of Duluth Metals (DM:TSX).
Miocene Metals completed its IPO and began trading on the TSX Venture Exchange on August 9, 2011.
Since the initial discovery of copper mineralization at Rogers Creek in 2008, and the recognition of the under-explored mineral potential within the BC portion of the Cascade Magmatic Arc, Miocene has identified large porphyry style copper-gold alteration/mineralization systems on its MacKenzie and Rogers Creek properties, and confirmed the presence of a 15 kilometre trend of molybdenum occurrences on its Salal property.
Miocene Metals' properties are all located in the Cascade Magmatic Arc, a belt of rocks that stretches from Northern California to the Alaska Panhandle and hosts copper-gold, copper-molybdenum, and copper-molybdenum-tungsten porphyry deposits that largely formed during the Miocene geological age. The Cascade Arc shares many geological characteristics with the Miocene-age porphyry belt that stretches the length of Chile and Argentina in South America and hosts some of the world's largest porphyry copper-gold-molybdenum deposits including Chuquicamata, El Teniente and Los Bronces. This region of southern British Columbia has well-developed power, road and rail infrastructure and all properties generally are within three to four hours of tide-water.