About the Discovery Bay Project
- The Project is located along the “Rabbit Suture” (Hwy 305), and in proximity to the Cove-McCoy gold deposits in Lander County, Nevada (refer to Figure 1) controlled by I-80 Gold Corp. This North-South structural zone is known to host other mega gold deposits like Turquoise Ridge (Twin Creeks) and the Phoenix and Lone Tree Mines.
- The Discovery Bay target comprises a one kilometer long, previously unknown, and unexplored window of Triassic Osobb Mountain Quartzite and Cane Springs Limestone (host rocks at McCoy), and other underlying host lithologies. Most of the target is covered by thin layers of Tertiary volcanics (Basal Tuffs) and Quaternary rocks.
- Historical drilling conducted by Newmont Mining in 2018 encountered a thick blanket of intensely sulfidized intrusive rock in contact with decalcified and Au-anomalous silty limestones.
- NV Gold recently staked 39 additional claims to cover the surrounding potentially mineralized ground, and plans to conduct an IP (Induced Polarization) survey and ground magnetics, to potentially guide the project towards a drill program in 2021.
Figure 1: Discovery Bay Gold Project General Location Map