Birch Creek Spring is a zone of veins consisting of about equal parts quartz and feldspar lying in alaskite along a granite intrusion. The quartz shows copper and iron pyrites. The strike is west-northwest. The zone is 4,000 or more feet long. The best mineral is said to come from a point 40 feet in depth in decomposed material containing rounded pebbles and gold values up to 1.5 opt gold. These are historical results and will need to be independently confirmed by the Company.

The McNamara vein outcrop is marked by brown jasperoid and a conspicuous red iron-stained zone running NW for an observed distance of a half-mile and probably further. The opened part of the vein shows 10 feet of ledge vein matter consisting of cracked and decomposed limestone with irregular streaks of quartz. 

Exploration and Work Plans

The Company acquired the original claim group via the Amador Purchase Agreement in 2020 and enlarged the claim packages at Birch Creek Spring and at McNamara. Two campaigns of sampling have been conducted. The first revealed several samples of mine-grade gold occurrences which prompted a second round of sampling in the late spring of 2021. The Company is still awaiting the assay results from the second round of sampling. 

A thorough mapping program occurred in the summer of 2021. Based upon the cumulative results, a drill program was designed, and permits were obtained in late 2021 with an initial drill program that kicked off mid-December 2021. As a result of additional review and surface mapping, the Company added about 40 claims to the east and north of the original claim package. The initial drilling program was completed in February 2022 and consisted of four shallow drill holes, three of which hit the intended targets and one hole ended up veering off of its target. All holes were impacted by very poor drilling conditions to the high degree of fracturing and alteration of the rock. The Company also dealt with unusually heavy snow conditions not common to the Tonopah, Nevada area. 

The results from the drilling indicated weak gold and copper mineralization in the intersected vein sections of the drill holes. The Company is evaluating the project further to determine whether the target at the property is a bulk target and resides deeper below the surface than expected. The next steps may include a geophysical survey to attempt to locate the buried sulfide mineralization. The Company remains encouraged that the Project could host a major mineral system due to the high degree of alteration and widespread gold and copper anomalous values found in a wide area of the Project.