Woodjam History

The Woodjam gold-copper-molybdenum property is located in the Cariboo region of south-central British Columbia, 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 since at least 1974 from a variety of operators including Placer Dome and Noranda.

The last of the 1970’s vintage claims lapsed in 1998 and were staked by Cariboo Rose Resources Ltd. (formerly Wildrose Resources Ltd.). In 1998 Cariboo Rose Resources optioned a 60% interest in the Woodjam property to the Phelps Dodge Corporation of Canada, Ltd. who completed one four hole diamond drill program before returning the claims to Cariboo Rose in 2000.

In 2001 a 60% interest in the project was optioned to Fjordland Exploration Inc. In 2006, Fjordland earned its 60% interest in the Property and a 60/40 Woodjam Joint Venture was formed and subsequent exploration funded by Fjordland and Cariboo Rose on this basis until  Gold Fields optioned the northern part of the property (Woodjam North) in 2009 and the southern part of the property (Woodjam South) in 2010.

In October 2011, Fjordland Exploration Inc. and Cariboo Rose Resources Ltd. amalgamated their respective interests in the Woodjam Properties into a spinoff company (“Spinco”) named Consolidated Woodjam Copper Corp. All the shares issued at the completion of this new listing (50 million shares) were immediately distributed pro rata to the shareholders of Fjordland Exploration Inc. and Cariboo Rose Resources Ltd.