Project Overview
The Kudz Ze Kayah project Proposal, owned by BMC Minerals, is a zinc, silver, copper, gold and lead project located in the traditional territory of the Kaska First Nation on the northern Pelly Mountains, 115km south of Ross River in South Central Yukon.
The Kudz Ze Kayah project consist of the ABM and Krakatoa deposits which contain shallow-dipping massive sulphide mineralization hosted within a thick package of felsic volcaniclastics and a coherent sill that locally make up the Kudz Ze Kayah formation. The deposits are interpreted to have formed just below the sea floor shortly after extrusion of the felsic volcanic rocks that host it and contemporaneous with deposition of fine sedimentary rocks. Sulphide mineralization is dominated by pyrite, sphalerite, pyrrhotite, galena and chalcopyrite, with minor arsenopyrite and a range of sulphosalts predominantly comprising tennantite-tetrahedrite and freibergite.
Mining of the ABM and Krakatoa deposits will be a combination of open pit and underground mining methods.
The Kudz Ze Kayah Process Plant and associated facilities have been designed to process run-of-mine (ROM) ore at a rate of 2.0 Mtpa to produce separate copper, lead, and zinc concentrates and tailings; however, the plant will be capable of processing at 270 tonnes per hour (t/h) based on average ore comminution properties and average plant feed grades. The process rate will be varied depending on the grade of the ore.
Construction is expected to commence once final permits, including the water mining license and the quartz milling license, are received.
Stream Details
| Date of Contract |
15-Nov-23 |
| Term |
Life of Mine |
| Stream |
Until 330,000 oz of gold and 43,300,000 oz of silver are produced and delivered, staged percentages of payable gold and payable silver ranging from 6.875% to 7.375% depending on the timing of such deliveries, reducing to a range of 5.625% to 6.125% until a further 59,800 oz of gold and 7,958,000 oz of silver are produced and delivered, further reducing to a range of 5.000% to 5.500% until a further 270,200 oz of gold and 35,342,000 oz of silver are produced and delivered (for a total of 660,000 oz of gold and 86,600,000 oz of silver), and thereafter ranging between 6.25% and 6.75%. |
| Per Unit Production Payment |
20% of spot of gold and silver price |
For more information on the Kudz Ze Kayah Project, please visit: www.bmcminerals.com (opens in new tab)