Parks/Salyer Property – After discovering the Cactus Mine in the 1960’s by ASARCO, ASARCO spent years exploring along the Santa Cruz trend. The exploration revealed a classic copper-porphyry system running north-east, and south-west from the Cactus mine and over their Parks/Salyer property. A few drill hole programs were completed, exposing the same copper-porphyry signature, adjacent to the Cactus property and along trend. Historic reports indicate there could be potential for up to ~4 billion pounds of copper at the Parks/Salyer Property.
Elim purchased the property in 2019, with the intent to build out a mineral resource on the property, and eventually begin mining activities.
CURRENT STATUS & PERMITTING
As part of the decision process to acquire the Cactus Mine, the team assessed historic data on the Parks/Salyer Property.
As Elim conducts early-stage evaluation of the site, permitting activity will be defined at a later date.
A Company’s commitment to environmental stewardship is a major priority of the Elim team. We are dedicated to achieving a net positive impact within the local ecosystem, including understanding the flora, the fauna and the use of land and water. Considering the local ecosystems will be the root of each decision to build, plan, operate and decommission operations.