Unearthing Copper: Looking for the Next “Richest Hill on Earth”

Resource investors engaged in copper have had an excellent 2021 — its prices had reached an all-time high of $4.90 (USD) in May — and companies in the space have been raking in the benefits of the year’s hottest metal. [Open in your browser]( [Investor Alert] [Stockhouse.com]( Looking for the Next “Richest Hill on Earth” --------------------------------------------------------------- [Visit the company website]( [Facebook]( [Twitter]( for the Next “Richest Hill on Earth”) [LinkedIn]( [Email](mailto:?subject=Looking for the Next “Richest Hill on Earth”&body= Stockhouse EDITORIAL | Resource investors engaged in copper have had an excellent 2021 — its prices had reached an all-time high of $4.90 (USD) in May — and companies in the space have been raking in the benefits of the year's hottest metal. One of those companies is Peloton Minerals Corporation ([CSE: PMC]( [OTCQB: PMCCF]( [Forum]( who is exploring for copper with a focus on the Boulder Property, a known but underexplored copper porphyry system located 26 km from Butte, MT, the largest copper porphyry mine ever discovered in North America. [SEE COMPANY PROFILE]( Acquired by the company [this past August]( through its wholly owned subsidiary, Celerity Mineral Corporation ("Celerity") the Boulder Porphyry Property is located roughly 26 km north-northeast of Butte, Montana, home of the historic Butte mining district. The Boulder Property is known to contain a large copper-molybdenum porphyry system within the Boulder Batholith and coeval Elkhorn Mountains Volcanics which is overlain by 91 metres to 640 metres of post-mineral Lowland Creek Volcanics. Because of this the porphyry system on the Boulder Property is not well exposed and has been under explored. From 1880 through 2005, the mines of the Butte district had produced: - More than 9.6 million metric tons of copper - 2.1 million metric tons of zinc - 1.6 million metric tons of manganese - 381,000 metric tons of lead - 87,000 metric tons of molybdenum - 715 million troy ounces (22,200 metric tons) of silver - 2.9 million ounces (90 metric tons) of gold Image via Peloton Minerals Corporation. With the addition of this project, Peloton boasts a diversified investment portfolio with decent upside, especially where copper is concerned. The company now holds interests in two Montana projects (including the SBSL epithermal gold exploration project which is under JV option) as well as three Carlin style gold exploration projects in Elko County, Nevada all of which are permitted for drilling. For now, let's take a deeper look at what the Boulder Property has to offer …. The lay of the land: USGS regional magnetics, Johnson 1965. Map via Peloton Minerals Corporation. The Boulder Property, the Butte project, and Montana Tunnels are all situated along a major magnetic low that occurs within the Boulder Batholith (outlined in red above), and each has a more pronounced magnetic low immediately to the SE of each. The Boulder Property is a known copper porphyry system that has not been fully explored. The other two, Butte and Montana Tunnels turned out to be major base metal mines. The Boulder Property, the Butte project, and Montana Tunnels are also all situated along the northeast-trending Great Falls Tectonic Zone (GFTZ) which is a continental scale, deep-seated, structural zone of crustal weakness that appears to have been intermittently active since the late Proterozoic (1.4 billion years ago) and at times has tapped deep mantle melts. Most of the epithermal and porphyry metal occurrences in Montana are localized along the GFTZ. Image via Peloton Minerals Corporation. The Boulder Property is known to contain a large copper-molybdenum porphyry system, which is not well exposed and is the least explored of these three magnetic low areas. For more, click the video below to watch a company webinar on the Boulder property. [Click to watch video.]( [INVESTOR UPDATES]( Project history: Between 1965 and 1977, Anaconda Mining Inc. (TSX: ANX) and Molycorp Inc. (NYSE: MCP) drilled eight deep core holes on the property into the Boulder Batholith based on the USGS regional magnetics and an IP survey Anaconda had done. These holes intersected a large porphyry system with low-grade copper mineralization. Continuous mineralized drill intercepts of between 382.5 metres and 491.9 metres grading a weighted average of between 600 and 1,000 ppm Cu were intersected. Three deep core holes completed by OT Mining Corporation (OTC: OTMN) in 2004 to 2005, approximately one mile southwest of the Anaconda and Molycorp drilling, intersected similar porphyry alteration and continuous copper mineralization with drill intersects between 378.5 metres and 801.6 metres grading a weighted average of between 313 and 785 ppm copper. In 2005 to 2006 OT Mining conducted extensive geophysics and located potential higher-grade targets within the identified porphyry system however these targets were never drilled, and the property has remained dormant since. After roughly a decade of diligent work, Peloton acquired the Boulder Property from Westmount Resources LLC, who gained the project in 2020 and 2021 through staking and other legal processes. Meet the team: John F. O'Donnell, BA (Economics), LLB, Chairman of the Board Edward (Ted) L. Ellwood, MBA, President & CEO, Director Eric Plexman, CFO & Corporate Secretary, Director Corey Safran, B. Comm., Celerity President Michael Litwin, CA, CPA, TEP, Celerity CFO Paul Teodorovici, VP Business Development, Director Richard C. Capps, PhD, RPG, SME Reg. Geo., Senior Geologist, Director Kent Britton, BA (Economics), Environmental, Director Clifford Wiebe, Information Technology, Director Investment summary: Butte was North America's largest copper porphyry mine ever discovered and Peloton is next door with a cogenetic copper porphyry system that is underexplored and holds significant potential. Nevada is one of the world's most prolific gold producing regions and Peloton has 3 Carlin style gold projects all located within the prime Elko County area of Nevada. This is in keeping with Peloton's stated strategy of exploring for large-scale deposits in US jurisdictions with a history of hosting large-scale deposits, and with an end game of attracting the interest and participation of major mining companies. In the immediate term, the Peloton plan is to spin Celerity out as its own self-funding public company while retaining a significant interest. This will involve a dividend of Celerity shares to Peloton shareholders at some future date to be set. The Company is also working to secure JV partners to fund its 3 Nevada projects, which with another Montana project already being funded by a JV partner it will basically be five projects moving forward, funded by other ways than having to constantly raise all the money. To think of it like an exploration investment portfolio, this team has diversified the risk across five strong projects and on any one of them, the potential upside is huge. This company has the overall business strategy that could likely spell success for investors in the months ahead. To find out more about Peloton or its projects visit [pelotonminerals.com](. [VIEW COMPANY WEBSITE]( FULL DISCLOSURE: This is a paid article produced by Stockhouse Publishing. --------------------------------------------------------------- [stockhouse]( Stockhouse Publishing Ltd. 1100 – 609 West Hastings Street | Vancouver | BC | V6B 4W4 | CA [Unsubscribe]( | [Manage Preferences]( [Facebook]( [Twitter]( [LinkedIn]( This email was sent to you by Stockhouse Publishing Ltd. because you consented to receive messages from us. You may manage your subscription preferences at any time. You may contact our email compliance officer at compliance@stockhouse.com The advertiser featured in this Stockhouse Publishing Ltd. Alert has paid a fee in cash or stock not exceeding $5,000 to have their corporate information featured. The information shown is solely the responsibility of the advertiser [Peloton Minerals Corp.], not Stockhouse Publishing Ltd, whose only function was as a supplier of media facilities. 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