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A dedicated natural resource company specializing in quality Nevada mining properties is selling four individual mining claim groups which host significant precious metals. Detailed technical reports are available to qualified buyers. PEQ CLAIM GROUP: This claim group is located in the Pequop Mountains in northeast Nevada within the newly recognized New Carlin Gold Belt Trend. Hi grade intercepts immediately south of these claims have confirmed at least two major developing potential mines (http://www.AuExVentures.com): Frontier Development and Agnico-Eagle. Claim mapping in the 17 PEQ claim group reveals a complex NNE-SSW recumbent fold pattern consisting of breached axial plane breccia displaying a multiple jasper phase covering 94 acres and widths to 3200 feet in the mapped Devonian Guilmette and Simoson Formations. A gossan-karst breccia dolomitic alteration complex occurs on strike to the north. Gold values reach 3.888 ppb in this broad structure with high co-correlations with trace elements and negative with Ca. Contoured gold values reveal a 5,000 foot anomalous trend coinciding with the fold axies. There are seven distinct mineralization types, each having complimentary anomalous hydrothermal pathfinder geochemistry with gold suggesting multiple mineralization events. The folded Paleozoic dolomitic limestone host rocks are sandwiched between complex normal and thrust fault structural patterns. These claims have easy road access off I-80 with a road suitable for any car into the center of the claims. Accompaning gold are Pb, Zn, and V values with minor Ag. The barite accompanies some of the mineralization and would not be a commercial product but an indicator of widespread mineralization. GOLDEN WONDER GROUP: This large claim group near Tonopah in central Nevada consists of three contiguous claim groups (Golden Phoenix, Golden Wonder, and Golden Nugget) covering a north-south distance of approximately 3.5 miles and comprising about 2,500 acres. A total of eight Tertiary volcanic units are mapped in this north-south mineralized corridor. Structural mapping indicates these claims are within a south plunging breached anticline and accompanied by a southern graben with the higher grade veins occurring in north-south trending axial plane structures. Satellite imagery has defined a major NW-SE trending Walker Lane lineament bisecting these claim groups. Much of the anomalous precious metal mineralization occurs within this important intersection. A paleo-topographic surface is developed on the unconfromity formed by the Brougher Rhyolite and underlying the Divide Andesite. The Golden Phoenix mineralization in the north consists of well developed auriferous chalcedonic feeder veins for a width of 5000 feet in this recognized paleo-hot spring environment. Extensive chalcedonic gossanous stock work and feeder veins form the higher grade portions of this estimated 300 foot thick siliceous envelope. High pathfinder element values occur in eruption debris at the top of each fumarole. Silica flooded auriferous flow brecciated volcanics are integrated within this complex hot spring system and can be traced into an extensive pediment. A total of 127 third party rock chip samples for the claims average 1.04 ppm Au. Measuring the area within the 1.0 ppm gold contour developed over the unconformity produces an area of 394 acres resulting in a POTENTIAL GEOLOGIC RESOURCE OF 10.1 MILLION ounces! In addition, extensive mineralization in highly porous reworked Siebert tuffaceoua units, several hundred feet thick, also occurs in the Golden Phoenix claims and would be reminiscent of Round Mountain mineralization. Silica and iron flooding in these basal tuffs is extensive and contains anomalous precious metal values. Southward in the Golden Wonder Group a north-south stock work system hosts high gold and silver values in volcanics, water laid turfs and related rhyolite intrusives. Mineralized intrusive vents and related flow dome complexes parallel these veins. The Siebert water laid tuff units within the projected graben structures in the Golden Nugget Group to the south contain important blind ore producing units similar to the Hasbrouck Divide Mining District 4 miles to the north. These favorable zones would occur on the Paleozoic basement unconformity and also in the overlaying porous and permable tuffaceous units which are also found on the Golden Phoenix claims. These claims are 4 miles from a paved road. Reconissance assays in the new GP claims indicate anomalous U values and Mo, Sb and W with the PM's. Clearly this property is a potential world class mineral deposit and a company maker. The owner will sell the entire claim group for $16 million cash. Or he will accept 1/4 down on a $10 million sales price with the balance over two years. He will also consider a joint venture with $1.5 million down and $25 million to follow to earn a 50% share. He will consider selling individual mining properties but does not prefer to do this and terms and price would have to be negotiated. |
PEQUOP GROUP - abundant jasper and gossan mineralization
PEQUOP GROUP -conformable gossans in barite pit
PEQUOP GROUP - gossanous outcrop near barite pit
GOLDEN WONDER GROUP - bedded silceous scinter and chalcedony outcrop - 3.8 grams per ton gold
GOLDEN WONDER GROUP - auriferous autobrecciated Divide in mine dump
GOLDEN WONDER GROUP - hot spring deposit: bedded sileceous outcrop 135 feet wide
For more information please email us and ask about the Four Large Claim Groups #L1145
fax 208 265 5377
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