Zev Project (CA)
Overview
Location, Access and Description
The Zev project is in southern Inyo County, California about 50 miles northeast of the town of Ridgecrest, California. The property consists of 12 leased lode claims located on BLM land near the base of the western flank of the Panamint Range. The past-operating Briggs Mine is approximately 5 miles south of the project.
Geology, Mineralization and Exploration Plans
Mineralization at Zev is similar to the Briggs mine and is thought to be detachment fault related. Gold mineralization is located primarily within a zone of west-dipping, weathered, saprolite gneiss, and secondarily as weak, stockworks of quartz-dolomite-pyrite veinlets. The veinlets are contained in and near high-angle faults within the gneiss, and within an amphibolite underlying the gneiss.
In 2010 a past operator calculated a resource of 125,825 oz Au at a grade of 0.171 g/t, based upon 94 reverse-circulation exploration drill-holes. These past results are historical in nature and need to be confirmed by the Company’s own work programs. The Company’s leased claim package likely covers most of this historic resource.
Exploration and development plans for the property are to validate the historic resource with new drilling. The Company also has contacted the owner of the Briggs Mine to discuss the possibility of processing the existing gold resource (after properly validating the resource) utilizing the existing, permitted, Briggs Mine facilities.