http://www.newswire.ca/en/story/1013683/quartz-mountain-assembles-bulk-tonnage-copper-gold-project
Geologically, the Galaxie Project lies within the Stikine Terrane, which hosts a number of important copper-gold deposits in northwestern BC. These include the Red Chris deposit with proven and probable reserves of 301.5 million tonnes grading 0.36% copper and 0.27 g/t gold (Imperial Metals, November 2010), the Schaft Creek deposit with measured and indicated resources of 1.23 billion tonnes grading 0.26% copper, 0.017% molybdenum, 0.19g/t gold and 1.69 g/t silver (Copper Fox Metals, May 2012), the Galore deposit with proven and probable reserves of 528 million tonnes grading 0.60% copper, 0.32 g/t gold and 6.02 g/t silver(NovaGold Resources, July 2011) and the Kerr-Sulphurets-Mitchell-Snowfield deposits with proven and probable reserves of 2.16 billion tonnes grading 0.55 g/t gold, 0.21% copper, 2.74% silver and 44.7 ppm molybdenum (Seabridge Gold, May 2012).