davidson deposit

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					davidson deposit
The Davidson Deposit is a large, high-grade underground
molybdenum deposit situated in the heart of Hudson Bay Mountain                                                                       Davidson Deposit

six miles from Smithers, British Columbia. A consultant’s study                                                                                    Smithers
                                                                                                                                                                  prince
on the deposit examined the feasibility of mining 2,200 tons of                                                                                                   george
                                                                                                                           prince
high-grade ore per day and shipping it for processing to the                                                               rupert

Corporation’s Endako facility 125 miles to the southeast.                                                                                              British
                                                                                                                                                       columbia

                                                                                                                             50 mi




                                                                                                                         The deposit is
                                                                                                                         estimated to have
                                                                                                                         117 million pounds
Geologist examining Davidson core samples                                                                                of contained
The Corporation filed an environmental application with the                                                              molybdenum.
Province of British Columbia in September 2008. The Corporation
will be in a position to proceed with the project upon receipt of an
                                                            5000E
                                                        4,910E        4,940E            4,970E
Environmental Assessment Certificate and permits. However, due
                                 5,180N # 169      # 170
                                                             39.6m@                          27.4m@
to deteriorating molybdenum market conditions, the Corporation
                                     0.47% MoS     0.55% MoS           2                                2



decided in November 2008 to postpone development of the
                                       # 168 #142
                                                   5,150N
deposit until conditions improve.                                            27.0m@
                                                                                                 49.0m@
                                                                             0.33% MoS2
                                                                                                 0.46% MoS2
The higher-grade zone is estimated to have a measured and
                                                   5,120N   # 166                                           # 167
                                          tonnes grading 0.234%
indicated mineral resource of 23 million39.6m@   #143      27.4m@
                                                             0.37% MoS2                                     0.41% MoS2
                                                   the
Mo at a cut-off grade of 0.18% Mo. On this basis, 36.5m@ deposit is
                                                                                       0.37% MoS2
estimated to have 117 million pounds of contained molybdenum.
                                  5,090N

                                                                               # 165
The mineral resource was estimated by Gary Giroux, P.Eng., who is
                                               48.8m@
                                                                               0.46% MoS2
a qualified person in accordance with National Instrument 43-101.

Elevation (feet above sea level)


                                                                                                              6,000ft

 Hudson Bay Mountain
                                                                                                              5,000ft

  Davidson                                  1066 Adit
  Deposit                                                                  Existing Portal                    4,000ft


                                               Proposed 700 Adit
                                                                                                              3,000ft

                                                                                          Mine Site & Loadout
        Schematic Section looking
        North (not to scale)

                                                                                                                         View of Hudson Bay Mountain


                                    Annual Report to Shareholders 2008                           19           Thompson Creek Metals Company Inc.

				
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