Dean River VMS & Rocky Mountain Trench

RENEW COMMODITIES LTD. undertook a generative exploration program for new CRITICAL and PRECIOUS METAL prospects, across northern and central British Columbia.

Applying geostatistical analysis to British Columbia’s world-class public geoscience dataset, we identified several novel EXPLORATION PROSPECTS that represent new targets and untested geological hypotheses. We are seeking to continue the prospecting and early-stage exploration of these properties through a joint venture or mineral property option.

CRITICAL METALS

Encouraged by the discovery of the critical metal deposits of the McDermmitt Caldera of Oregon and Nevada; we sought evidence of critical metal enrichment associated with Miocene – Pliocene volcanism, particularly with regards to active calderas. As with the lithium fields of Oregon-Nevada, these can take the form of both hard rock mineralization and brine-type mineralization associated with volcanic hydrothermal systems.

Tuya Critical

In the Stikine highlands west of Dease Lake, the Tuya Volcanic field has no recorded history of critical or precious metals exploration, despite its large size (`3,000km2) and proximity to the world-class “Golden Triangle”. The active Tuya Volcanic field hosts numerous volcanic cones and vents, with a characteristic truncated shape where magma erupted beneath thick primeval glaciers.

However, these volcanic fields host a cluster of exceptionally high COBALT-GALLIUM stream geochemical anomaly correlative with exceptional aluminum, iron, and titanium responses and lesser molybdenum, scandium and chromium anomalies. The intense aeromagnetic response associated with the volcanic flows is consistent with significant metal enrichment.

Dean River VMS –

The Chilcotin basalts of west-central B.C. represent a vast area where bedrock consists of Miocene-aged volcanic flows, including those associated with active “Anaheim Lake hotspots”. Like the McDermmitt Caldera, these volcanic flows are associated with on-going and active volcanism, driven by on-going Coast Mountain tectonism.

The volcanic flows have largely been considered a hindrance to exploration in the area. However, in the unexplored southern Dean River valley area approximately 20km north of Anaheim Lake, regional stream geochemistry reveals indicators of critical metal enrichment, specifically ZINC, MOLYBDENUM with lesser ANTIMONY and PHOSPHOROUSresponses. These are located in a compelling structural zone, along the regional and economically significant Yalakom Fault zone.

This area represents an underexplored “gap” in the distribution of known mineralization between the Taseko Lakes and Blackwater districts, where active and recent volcanism has confounded the Mesozoic bedrock associated with known exploration models in B.C

Rocky Mountain Trench

West of the Wicheeda District, we have acquired a portfolio of small claims associated with unexplored regional stream geochemical results within a belt of Cambrian-Permian limestones and marbles in the western range of the Rockies.

This area hosts the only indicated location of post-accretion cross faulting reported in B.C., where faults extend from Cordillerian terranes into the ancestral North American sedimentary rocks of the Rockies, crosscutting the Rocky Mountain Trench. This feature represents regional scale structural controls of economic scale and magnitude.

The presence of carbonates implies potential for sediment hosted or Carlin style disseminated GOLD, SILVER, or ZINC mineralization; enrichment of these elements is indicated by regional geochemical surveying.

While each of these prospects is a very early-stage target, they meet our mandate of (a) having top-tier geostatistics without a history of ground follow-up, while (b) representing a novel geological target for B.C.