2022-10-24T16:19:09+00:00

Adams County, ID

Copper Cliff

Highlights: 

  • Historic Copper Cliff Mine – resource of 2.8 MM tons 1.5% Cu with silver credit.
  • Staked claims & obtained a mining lease on patented claims located near Cuprum, ID.
  • Drilling Planned Summer of 2022:
    • Two to four diamond drillholes from the old open pit to try and pick up the downward plunging ore body.
    • Drill permit will be a notice filing with the State of Idaho as the drilling will be on the patented claims.
2022-12-08T18:01:58+00:00

Mohave County, AZ

Artillery Peak

Highlights: 

  • Wide fairway and strike of sheeted gold vein system.
  • Past historical drilling and sampling indicated substantial zones of ore grade and anomalous gold.
  • Historic trench sampling results of greater than 0.25 opt Au.
  • Mineralization is hosted in a 750-meter x 450-meter fairway giving potential for a substantial gold resource.
  • Drill permit approved and bonded March 2022.
  • Recent chip sampling results yielded gold numbers with multiple 1+ opt assays from vein outcrops and stockwork zones.

 

2022-10-24T16:19:27+00:00

Montrose/San Miguel County, CO

Uravan

Highlights:

  • The Company has signed an option to purchase agreement on 12 DOE mineral leases in the heart of the Uravan Belt in western Colorado and eastern Utah.
  • All leases are past producers of both uranium and vanadium.
  • The DOE uranium leases were created to be a source of domestic uranium supply in cases of a disruption or shortfall of supply. As such, the leases are maintained on a “near-term” permit basis.
    • Two of the leases are considered permitted for mining; although additional steps will be necessary with the States of Colorado and Utah, as well as the DOE, before production can be initiated.
  • Typically, these deposits contain 0.2% U3Oand 1.5% V.
  • All leases have substantial historical information and resource data available to the Company.
2022-11-09T14:21:22+00:00

Beaverhead County, MT

Yellow Band

Highlights:

  • The Yellow Band Project is in the well-known historical Argenta Mining District.
  • The Yellow Band consists of 175 unpatented mining claims.
    • The initial 17 claims were consolidated by a single landowner beginning in 1934 – and were kept in good standing ever since that time.
    • In 2002, three more claims were added. 
    • In 2021, Gold Express Mines staked an additional 155 claims.
  • GEM has a 7-year term lease with an option to purchase. 
  • The Yellow Band provides a unique opportunity with existing drilled resources. An additional upside exists to expand the resource along a 5-mile strike.
  • Existing Historic Mineral Resource estimates (all categories) range from 1.2 MT at 0.378 opt Au to 1.9 MT at 0.283 opt Au with silver credit of ~2.7 opt Ag.
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