Lost Emigrant (CA)

Highlights: 

  • The United States Geological Survey’s 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.

Overview

Location and Access

The Lost Emigrant Mine is located in the Tahoe National Forest 9 miles southwest of Soda Springs, California on Interstate 80. Access is south from Soda Springs on Soda Springs Road (FS 6001) 17 miles to the turnoff for the Lost Emigrant Mine. The mine is one-half mile north of Soda Springs Road. 

Geology and Mineralization

The Lost Emigrant Mine contains a one foot to four-foot-wide quartz vein that carries free gold and pyrite in a diabase porphyry. The vein strikes northwest to southeast with a 30-degree southwest dip. The mine was worked around 1900 and during the 1930s. The United States Geological Survey (USGS) calculated a non-compliant resource contained in the property of about 75,000 ounces at 0.27 opt gold. The Company is seeking the USGS data used in calculating this resource for its own analysis.