Gold Boulder (NV)
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.
Overview
Location and Access
Location
The property is located in Pershing County, Nevada. Access is from Imlay, Nevada on I-80 north of Reno. Take the Callahan Road north of Rye Patch Reservoir (Humbolt River) then across Majuba Flats and on to Pioneer Road over Imlay Summit. Turn left at Rosebud Canyon Road, 27 miles from Imlay and follow a 4 wheel-drive road several miles to the property. The project consists of a total of 17 claims designated the HT and Ant claims.
Geology, Mineralization and Exploration
Gold was discovered in 1930 by the Scossa Brothers, and small-scale mining was active during this time on high grade veins. Gold and Silver occur in interbedded slate, schist, quartzite and limestone of the Jurassic and Triassic age. The sediments have been intruded by diorite dikes and two episodes of quartz veining, one carrying precious metals.
The Lantern Property, located 2 miles to the southeast, was drilled by Newmont in the 1980s and has a drill-defined gold resource. The property is now held by Golden Predator Mining which also conducted drilling on the property in 2006. Hecla’s Rosebud UG mine is 4.5 miles north of the property and the Hycroft Mine is 9 miles north of the property.
The company undertook geophysics work in 2021 and consolidated a larger land package.