Mitterberg Copper Project, Austria
The Mitterberg Copper Project, which is 100% owned by VVV Resources, is located in Austria approximately 60 km south of Salzburg and covers 3 main mining districts, Northern, Southern and Buchberg for a total land area of some 90 square km comprising 198 contiguous exploration licences.
Much of the area lies at an altitude between 550 m and 1500 m (Lower Alpine meadows) above mean sea level and is easily accessed by excellent infrastructure. Salzburg has an international airport and there are daily flights to Munich in Germany which is approximately 2 hours by road or train journey away.
Copper mining started in the region some 3000 years ago and was sporadically exploited off and on until the late 1970’s when the then low copper prices forced its abandonment.
The principal copper mineral is chalcopyrite contained within various metamorphic rocks of the so-called Grauwacken Formation.
The exploration licences are all “Brownfield” by definition and many old adits and other mine workings and spoil dumps are present.
There is an independent report authored by a local experienced geological consultant, which can be found on this web site.
All resources and reserves currently quoted for this project are not JORC or equivalent complaint and are classified as “historic” by definition.
There is considerable upside for successful results from planned systematic exploration programmes and this, combined with a user-friendly and low security risk environment together with numerous evidence of past copper mining further enhances this.