Copper Penny Mineral Property - La Paz, Arizona

The Copper Penny site encompasses 60 acres on the western edge of the massive metals deposit known as the Swansea Mines.
There are a series of subsurface workings on the property. Some of the workings interconnect, but there are also some collapsed drifts. Surveyors mapped 225’ of development on the main working level. There is a large shaft on the southern most section of the property that measures 310’.
Surveyors noted substantial bodies of copper ore visible in stopes in the workings of the Copper Penny. There are many reports of hundreds of thousands of tons of copper reserves in the mines from the 170’ to 220’. This copper was considered low grade at 3-4% per ton.
Based on the material seen in the workings and the material on the surface, the Copper Penny site has barely scraped what could be developed and the reserves are likely substantial. This opinion is based on the surveyors statements and knowledge of mining sites.

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