Historic Oregon Opp Mine Yields Promising Reserves Yet Remains Inoperable

CC Explorations confirms significant gold & silver deposits at Oregon Opp Mine — but walks away from acquisition

CC Explorations, a leading exploration and mining technology company, has completed a comprehensive onsite assessment and verification of the historic Oregon Opp mine property after the company's advanced AMRT (Atomic Mineral Resonance Tomography) system had successfully located substantial gold and silver deposits within the mine's ore bodies.

The extensive evaluation process, which included 20 drill holes and multiple trench samplings, revealed gold deposits averaging 0.56 grams per ton and silver deposits averaging 4.23 ounces per ton. While these findings verified significant potential, CC Explorations also identified concerning levels of iron and arsenic in the tailings, requiring substantial mitigation strategies.

"Our AMRT technology has once again demonstrated its effectiveness by precisely mapping and quantifying mineral resources at this historic mining site," said John Casey, CEO of CC Explorations. "The comprehensive data collected onsite not only validated our AMRT scan results and illustrated the site's potential, but also bolstered our initial interest in acquiring and reopening the historic mine."

Despite positive verified findings, we were unable to determine a path to Mineability. ” — John Casey, CEO at CC Explorations

However, following thorough extensive legal research and collaborative discussions with County Officials, it was determined the mine cannot be reopened due to multiple constraints. Consequently, the company has decided against completing the purchase of the Oregon Opp mine property.

"Despite the significant mineral deposits, the combination of undesirable elements along with environmental complexities, zoning restrictions, and regulatory requirements have led us to conclude that acquiring the Oregon Opp mine property does not align with our current strategic priorities," explained Casey. "We are actively pursuing alternative sites that better complement our core values and long-term objectives."