North Springs Gold Project King Tonopah Gold & Silver Project Nyac Gold Project Tonopah Divide Gold Project Tono Gold Mines Red Gold Project Oddie Gold Project Project Pictures
| Project Highlights:
Surface samples up to 48 grams per ton Gold 22 Samples, all contain Gold, 7 contain greater than 1 g/t Prospective Targets Similar to Midway (1+ million ounces) 300 acres in a mining friendly jurisdiction Excellent access on existing roads |
Regional Highlights:
The Walker Lane Trend hosts some of the most famous gold and silver deposits in Nevada and California. These include the Comstock, Central Tonopah, Goldfield and Round Mountain districts. The Walker Lane Trend runs NNW-SSE along the California Nevada border and has produced more than 35 million gold equivalent ounces. Round Mountain, 50 miles to the north of Tonopah Divide, continues to be one of the largest producing mines in Nevada. The Tonogold Mines Gold Project is situated 10 miles southwest of the Midway gold deposit.
Project Location:
The Tonogold Mines Gold Project lies within the Walker Lane Trend, five miles north of the town of Tonopah in Nye County, southwest Nevada. The property is accessible by a maintained paved and dirt road.
Project History:
The claims were originally acquired by Tonogold Resources in January, 2005 as part of the King Tonopah group of claims. After obtaining additional information on the property, the company has expanded the claim block from 60 to 300 acres and anticipates beginning the permitting process this year.
The first ore was shipped from the Tonogold Mines to Tonopah in July of 1914. In October of that year the town site was platted and 190 lots were put up for sale. By that time, 150 men were working 20 different leases. The Tonogold Mines were worked periodically throught the 20th century.
22 samples were collected by Caracol. All 22 samples assayed with positive gold mineralization. 7 of the samples returned greater than 1 g/t gold. The highest samples came in at 48 and 41.1 g/t. This northwest oriented structural zone has never been drilled.
Project Geology:
The Tonogold Mines Gold project is situated along a series of anastamosing higher grade veins worked periodically since 1914. This northwest oriented structural zone has never been drilled. There are several potential targets at depth including a contact that might host gold mineralization similar to the Midway deposit (1+ Million ounces) 10 miles to the northeast.
In addition to testing the extent of the high grade vein system, Tonogold Resources wants to assess if the northwest oriented structures could have tapped into a more extensive gold-rich system at depth.
Several different contacts might help control gold mineralization at depth below the Tonogold Mines. There is a Cretaceous porphyry-like intrusive system exposed immediately to the north of the area and the contact zone between those intrusives and the Mizpah Andesite could be encountered.
An even more interesting target to locate is the contact between Paleozoic sedimentary rocks and overlying Tertiary volcanic rocks. Ordovician basement is exposed just north of the Tonogold Mines claim block and likely exists below the higher grade vein system. The Midway deposit located 10 miles to the northeast is an example of million ounce plus resource along this type of contact.
This area also has the potential to host a Round Mountain type low sulfidation epithermal deposit with several amenable tuffaceous host rocks known to host mineralization in the Tonopah area.
The Tonopah area (1.8 Moz Au, 180 Moz Ag) is located along a major north-south crustal structure that aligns other deposits such as Goldfield (5 Moz), Midway (+1 Moz), Manhattan (800 Koz), Round Mountain (16 Moz), and Gold Hill (2 Moz).
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