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Terrane Metals Corp is a Canadian mineral development and exploration company. The cornerstone of our business plan is to develop large-scale mineral deposits with defined resources into operating mines. Our Key assets are the Mt. Milligan copper-gold project and the Berg copper-molybdenum-silver project, both in central British Columbia, Canada.
Terrane is focused on the future commercial development of the large-scale copper and gold reserve at Mt. Milligan, British Columbia. Mt. Milligan has an open pit reserve of 2.1 billion lb contained copper and 6.0 million oz contained gold. Upon development the project will have an average annual production of 262,100 oz gold and 89 million lb copper for the first six years of a 22.1 year mine life. At Mt. Milligan Terrane has completed a Feasibility Update Study demonstrating economic viability and secured long lead-time capital equipment. Terrane has received an Environmental Assessment (EA) Certificate and a Mines Act Permit from the province of British Columbia and the Environmental Assessment (EA) approval from the government of Canada.