Consolidated Woodjam Copper Corp. is a Vancouver, BC based company that trades on the TSX-Venture Exchange under the symbol WCC. The experienced management team originates from WCC’s predecessor companies – Fjordland Exploration Inc. and Cariboo Rose Resources Ltd. Exploration on both Woodjam Properties is funded by Gold Fields.
The 56,500-hectare Woodjam Property, owned by Consolidated Woodjam Copper is located 50 km east of Williams Lake in central British Columbia. Gold Fields Canada Exploration currently has two separate option agreements on the Property: Woodjam North and Woodjam South. Gold Fields may earn up to a 70% interest in both properties
Our funding partner on the Woodjam Properties is South Africa based Gold Fields. They are one of the world’s largest unhedged producers of gold with attributable annualised production of 3.6 million gold equivalent ounces from eight operating mines in Australia, Ghana, Peru and South Africa. We are pleased that Woodjam is part of Gold Fields global growth pipeline.
The Woodjam gold-copper-molybdenum Property is located in the Cariboo, a region that is prolific with copper-gold mineralization. Between 1858 and 1865, the Cariboo Gold Rush occurred, bringing thousands of miners to the area. A number of active and past producing mines are present in the Cariboo. The Woodjam Property has seen exploration over the years from a variety of operators including Placer Dome and Noranda. The claims, which had lapsed by the late 1990′s, were staked by Cariboo Rose and then optioned to Fjordland Exploration in 2001. In 2006, Fjordland earned 60% interest in the Property and the 60/40 Woodjam Joint Venture was formed. Exploration was funded by the Woodjam Joint Venture up until the time Gold Fields became involved. In June 2009, the Woodjam project was split into two properties that are now known as Woodjam North and Woodjam South. The Woodjam North section of the property, encompassing 40,500 hectares was optioned to Gold Fields Limited that year. The...
Gold Fields Completes Earn-in of 51% Interest in the Woodjam North and South Cu-Au-Mo Properties, BC Vancouver, BC, February 9, 2012 – Consolidated Woodjam Copper Corp. (“Woodjam Copper”) (TSX-V: WCC) is pleased to report that Gold Fields Horsefly Exploration Corporation (“Gold Fields”) a subsidiary of Gold Fields Limited (NYSE: GFI), has delivered Exercise Notices on the Woodjam North and South Properties in south-central British Columbia, indicating that it has vested its 51%...
Final 2011 Drill Results Indicate New Discovery Potential at Woodjam North Vancouver, BC, January 24 , 2012– Consolidated Woodjam Copper Corp. (“Woodjam Copper”) (TSX-V: WCC) is pleased to report that Gold Fields Horsefly Exploration Corporation (“Gold Fields”) a subsidiary of Gold Fields Limited (NYSE: GFI) , has forwarded results from the final 2011 drilling on the Woodjam North property at Horsefly, BC, 45 km east of the City of Williams Lake, BC. The management and directors...
Vancouver, BC, December 15, 2011 – Consolidated Woodjam Copper Corp. (“Woodjam Copper”) (TSX-V: WCC) has granted stock options to directors, officers and employees for the purchase of 4,975,000 shares of Woodjam Copper at an exercise price of $0.29 per share for a period of ten years to December 15 2021. Subsequent to this grant of options, there will be options outstanding for the purchase of 4,975,000 shares. Woodjam Copper presently has 49,999,984 shares issued and outstanding. Donald...