Gold Express Projects

Highlights: 

• The historic Copper Cliff Mine mined a resource of 2.8 MM tons 1.5% Cu with silver credit in the late 1970’s to early 1980’s.
• The Gold Express land position consists of staked claims and also a mining lease on patented claims.
• The Project is located about two miles northeast of the town of Cuprum, Idaho.
• The acquisition of the lease on the patented claims greatly mitigates the permitting and operating risk so long as surface operations are mostly confined to the private, patented claims.

Highlights:

• Past sample results show:
  • Prosperity – Grade 23.2 opt Ag w/21.3% Pb; 29.3 opt Ag w/minor base metals
  • Tarbox – 200,000-ton historic resource of typical CDA Mining District polymetallic grades. Grade 4 opt Ag, 7% Pb, 8% Zn.
  • Black Traveler – Surface samples from 1.3 to 2.6 opt Ag and 2.2% Cu
• Geophysics potentially located a new vein 2,000 feet north of the existing Tarbox vein.
• Geophysical surveys completed on all three properties.
• Geochemistry surveys were completed on all three properties.
• Trenching programs on Tarbox (400 feet) and Black Traveler (700 feet) completed October 2021.
• Drilling program is planned to begin June 2022 with drilling totaling 6-7,000 feet covering all three properties.

Highlights: 

• Adjacent to the Lantern Deposit.
• Encompasses the Gold Boulder area described in past reports of the Lantern Property.
• Assay results of up to 1 opt gold found in boulders on the surface.

Highlights: 

• USGS’ 1980 estimate indicated 250,000 tons totaling 77,000 oz Au.
• “Indicated and Inferred” resource of 270,000 tons averaging 0.27 opt gold.
• Additional resources may occur in unexplored vein offshoots.
• Historically, ore graded as high as 2-3 opt.

Highlights:

• Past production from high-grade silver veins with associated base metals and gold down-dip and along strike on veins historically mined.
  • Typical grades were 15-20 opt Ag and 10% combined base metal content.
• Targets include remnant high-grade veins as well as bulk-minable disseminated deposits described in a past geologic report.
• Hecla Mining sampling in the 1980s confirmed potential for bulk tonnages.
• Project consists of patented mining claims for easier and faster permitting.
• Intensive surface sampling program, geologic reconnaissance and first phase of IP geophysical surveys completed October 2021.
• Initial 15-drillhole exploration program is scheduled for August 2022 with permitting to be completed around Q2 2022.

Highlights: 

• High grade historic lead/silver producer; in copper porphyry area.
• The Company has investigated the property with sampling, mapping programs, and a geophysics program all which occurred in 2022.  The budget for the future is not yet determined.

Highlights: 

• USGS’ 1980 estimate indicated a substantial Au resource at 0.15 opt.
• “Indicated and Inferred” resource of 120,000 tons averaging 0.10 opt gold.
• Gold occurs in quartz stockworks 6 feet wide over a strike length of at least 440 feet.
• Additional resources may occur in unexplored stockworks.
• Surrounded by high grade mines of the Sierra Buttes Mining District.