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Spanish Canyon

About the Spanish Canyon Gold Project

  • The Spanish Canyon Gold Project is located in the Ione Valley, Nye County, approximately 100 kilometers northwest of Tonopah, Nevada (refer to Figure 1). 
  • The project is a “Carlin-type” strata-bound and structurally-controlled, disseminated gold-silver system hosted in the calcareous sediments of the Triassic Luning and Sunrise Formations.
  • The area is characterized by multiple stages of faulting, replacement silicification, hydrothermal and tectonic breccia-bodies and argillic-decalcification alteration of carbonates over a 4 square-kilometer area. 
  • This never-drill-tested project is unique for its several mineralized jasperoid zones in an area up to a kilometer long and contains previous sampling that assayed up to 2 g/t Au and over 1,000 ppm As (refer to Figure 2 and 3). 
  • The project represents an untested gold system, with bulk mineable potential, that is situated in favorable geologic and geographic environments. 
  • Drill targets have been identified and include a large basin pediment area, range-front structural zone, with mineralization exposed in the outcrops along the low-lying hills of the range.

Figure 1: Spanish Canyon Gold Project General Location Map

 

 

Figure 2: Spanish Canyon Gold Project Geology, Alteration & Target Map

 

 

Figure 3: Spanish Canyon Gold Project Jasperoids in the Low Hills