aka Big Penny Bear

Highlights:

• Past historical drilling and sampling indicated substantial zones of copper and gold. Over 2,000 feet of drilling was performed.
  • Historic drill sampling results of 1% Cu or greater and 0.25 opt Au.
• Five vein structures from 10- to 55-feet-wide averaging 1.98% copper with gold/silver values, and two 5-foot sections assayed ~0.45 opt gold.

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: 

• 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.
• Chip sampling results yielded gold numbers with multiple 1+ opt assays from vein outcrops and stockwork zones.

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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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.