Freeport to earn into BC junior's copper/gold project

Vancouver-based junior ArcWest Exploration’s share price surged more than 50% on Friday, after the company announced an earn-in agreement with copper major Freeport-McMoRan to advance the Todd Creek copper/gold project in the Golden Triangle.

The Todd Creek project adjoins Newcrest Mining’s Brucejack mine property and is about 40 km south-east of Seabridge Gold’s KSM-Iron Cap porphyry copper/gold deposit and Tudor Gold’s Treaty Creek gold/silver/copper project.