FOX LAKE VMS PROJECT

Black Smoker Ventures' 100% owned Fox Lake VMS Project consists of ground covering the former producing Fox Lake Copper Mine.

According to the Manitoba Mineral Resources Division, a total of approximately 12 million tonnes (11,958,182t) grading 1.82% copper and 1.78% zinc was produced from the Fox Mine between 1970-1985.

The Fox Mine has never been explored at depth and Black Smoker Ventures has now completed the first modern deep penetrating geophysical survey on the property resulting in the identification of multiple targets.

Drilling is underway and the potential exists to target high grade VMS deposits at depth and bulk tonnage copper and zinc potential near surface.

• Drilling underway - short lead time to potential discovery
• One of Manitoba's largest historic copper producers
• Until now, no modern deep penetrating geophysics have been carried out on the project
• Major geophysical anomaly detected below and on the same plane as the historic ore body providing excellent target for discovery
• Historical grades shown to increase at depth
• Low risk exploration in close proximity to well known VMS deposit and area of prolific production
• Excellent infrastructure within mining friendly region