Overview and Location

In August 2021, we completed the acquisition of the Bald Peak project, located in the well-known Aurora mining district in Mineral County, Nevada, and situated on a parallel structure to that which hosts the prolific open-pit Bodie, Aurora, and Borealis mines. 

Prior to completing the acquisition, our technical team identified an extensive alteration system with multiple prospective areas stretching for over 6 km and beyond the Bald Peak property which led to the staking of additional claims extending towards Hecla Mining’s Aurora Mine.

As part of initial exploration, our team completed surface sampling and geological reconnaissance to test historic rock samples that returned grades of over 8 g/T of gold and significant silver values. The initial program included the completion of a Controlled Source Audio Magneto Telluric Survey (“CSAMT”) totalling 21.4 km over 15 lines defined shallow silicified zones identified by resistivity.

Surface samples primarily taken from silicic outcrops averaged 2.62 g/T gold and 4.2 g/T silver, and as high as 10.85 g/T gold. The best surface values are clustered in close proximity to the most intense areas of the geophysical anomaly which measures about 600 meters by 1,400 meters.

Bald Peak has never previously been drilled despite having surface samples in excess of 10g/t gold, We will look to follow up on the positive CSAMT results and surface samples with the implementation of an initial drill program.