About Puget Ventures
A New Strategic Metals Player Emerges
Strategic Metals Exposure, Expertise, Exploration and Development
Puget Ventures Inc. is a Canadian-based mineral resource mining company focused on the exploration and development of the Werner Lake Mine. The company is listed on the Toronto Venture Exchange under the ticker symbol PVS. Puget has tactically concentrated on the politically safe mining jurisdiction of Ontario, Canada.
Puget's vision is to become Canada's next primary producer of cobalt. Recognizing cobalt as one of the world's essential elements, especially in its key role in Lithium-Cobalt batteries, Puget is aggressively expanding the Werner Lake Project. Puget Ventures is committed to supply the demand for North American safe and secure cobalt.
Current Assets
Werner West Cobalt Mine
- Werner West is Puget's flagship asset and provides the nearest term primary cobalt production in Canada.
- Historic non NI43-101 compliant reserve and resource totaling 1.1 million tonnes of 0.31% Co, 0.29% Cu and 0.011 opt Au and mining production numbers including 2% and 5% Cobalt and grades of up to 20% cobalt.
- More than $12m spent on the previous development including a decline shaft and drifts, environmental, geophysics, metallurgy, feasibility work and mine engineering
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Over the next 18-24 months, Puget plans an aggressive parallel course including resource expansion and mine development
Werner Lake Mineral Belt
- Asset boasts five base metals deposits, including three extremely rare primary cobalt deposits and two significant Nickel-Copper-PGE deposits
- Belt stretches 60 km along highly mineralized strike and is classified as a "Mineral Reserve Area" set aside for exploitation of resources
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Teck Resources has right of first refusal on Belt
Trout Bay Joint Venture
- High grade Zinc-Copper-Silver historic resource with high grade Germanium-Indium
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Ni-Cu-PGE with Rhodium. Strike length of mineralization in excess of 4 km in iron formation
60/40 Joint Venture with Goldcorp
