Red Pine (MT)

,

Overview

    • The unpatented mining claims are located near Sheridan, Montana
    • The geology of the mine (Archean age rocks) lends itself to long-lived gold production from deep-seated, orogenic veins
    • Existing resource estimate is 62,086 tons grading 0.448 opt gold and 1.025 opt silver (totaling 27,814 oz. gold and 63,638 oz. silver).
      *Resource estimate is not 43-101 compliant.

Red Pine’s land position consists of 20 unpatented mining claims covering appx. 413 acres.

Exploration Work and Potential

✔️  The Red Pine Mine is one of the very few mining properties in the American West that has the potential for profitable near-term gold production.

✔️  The Property is centered on a dorman high-grade gold mine located in the Tobacco Root Mountains of southwest Montana.

✔️  Crews are currently repairing the underground workings, and rehabilitating the road to the mine.

✔️  New drill stations will be installed for downward and upward drilling of the known ore bodies, confirmation and expansion of the known resource.

The Red Pine project is focused on an underground vein-hosted gold-silver resource.  The property also contains ore stockpiles, waste dumps, and tailings from previous mining which could contain economic values that could be processed to help fund initial development.  The goal is 200,000 tons of ore grade material for an 8-year or more mine life.

Permits:

    • The Project is located on U.S. Forest Service Land
    • Permitting is with the Forest Service and the Montana Department of Environmental Quality (DEQ)
    • Currently operating under a Notice of Intent (NOI) and Road Use Permit
      • Allows underground repair work and exploration
      • Fixing of several rough road conditions
    • Plan of Operations filed December, 2023
      • Will allow mining of the project in accordance with the submitted plan
      • A Small Miners Exclusion has also been filed with Montana DEQ