Four Large Claim Groups #L1885
located in Nevada
-
2640 acres in 4 large claim groups
2300 acres in central Nevada and 340 acres in NE Nevada
Potential world class mineral deposit!
Potential Gold resource in the GOLDEN WONDER GROUP of ten million ounces ! Gold, anomalous U values with Mo, Sb and W with the PM's in the GOLDEN WONDER GROUP

and

Gold, Pb, Zn, V values in the PEQUOP GROUP. This complex geochemestry is similar to the nearby Long Canyon mine which has gold reserves of 2.6 million ounces!
 

FOR SALE:

CASH: $16 million $2.5 million plus a 6% NSR royalty
TERMS: 1/2 down on $4 million with $1 million per year for 2 years plus a 2.5% royalty.
 
The owner will consider selling individual mining properties but does not prefer to do this and the price and terms would have to be negotiated.

These claim groups were a geologists pet project until he passed away. Now the family would like to sell them and they are willing to deeply discount the price from $16 million to $2.5 million.

GOLDEN WONDER GROUP: This large claim group near Tonopah in central Nevada consists of three contiguous claim groups (Golden Phoenix, Golden Wonder, and Golden Nugget claims) covering a north-south distance of approximately 3.5 miles and comprising about 2,300 acres. A total of eight Tertiary volcanic units are mapped in this north-south mineralized corridor. Structural mapping indicates these claims are within a south plunging breached anticline and accompanied by a southern graben with the higher grade veins occurring in north-south trending axial plane structures. Satellite imagery has defined a major NW-SE trending Walker Lane lineament bisecting these claim groups. Much of the anomalous precious metal mineralization occurs within this important intersection. A paleo-topographic surface is developed on the unconfromity formed by the Brougher Rhyolite and underlying the Divide Andesite.

The Golden Phoenix mineralization in the north consists of well developed auriferous chalcedonic feeder veins for a width of 5000 feet in this recognized paleo-hot spring environment. Extensive chalcedonic gossanous stock work and feeder veins form the higher grade portions of this estimated 300 foot thick siliceous envelope. High pathfinder element values occur in eruption debris at the top of each fumarole. Silica flooded auriferous flow brecciated volcanics are integrated within this complex hot spring system and can be traced into an extensive pediment. A total of 127 third party rock chip samples for the claims average 1.04 ppm Au. Measuring the area within the 1.0 ppm gold contour developed over the unconformity produces an area of 394 acres resulting in a POTENTIAL GEOLOGIC RESOURCE OF 10.1 MILLION ounces! In addition, extensive mineralization in highly porous reworked Siebert tuffaceoua units, several hundred feet thick, also occurs in the Golden Phoenix claims and would be reminiscent of Round Mountain mineralization. Silica and iron flooding in these basal tuffs is extensive and contains anomalous precious metal values.

PEQ CLAIM GROUP: This claim group is located in the Pequop Mountains in northeast Nevada within the newly recognized New Carlin Gold Belt Trend. Hi grade intercepts immediately south of these claims have confirmed at least two major developing potential mines (http://www.AuExVentures.com): Frontier Development and Agnico-Eagle. Claim mapping in the 17 PEQ claim group reveals a complex NNE-SSW recumbent fold pattern consisting of breached axial plane breccia displaying a multiple jasper phase covering 94 acres and widths to 3200 feet in the mapped Devonian Guilmette and Simoson Formations. A gossan-karst breccia dolomitic alteration complex occurs on strike to the north. Gold values reach 3.888 ppb in this broad structure with high co-correlations with trace elements and negative with Ca. Contoured gold values reveal a 5,000 foot anomalous trend coinciding with the fold axies. There are seven distinct mineralization types, each having complimentary anomalous hydrothermal pathfinder geochemistry with gold suggesting multiple mineralization events. The folded Paleozoic dolomitic limestone host rocks are sandwiched between complex normal and thrust fault structural patterns.

These claims have easy road access off I-80 with a road suitable for any car into the center of the claims. Accompaning GOLD are Pb, Zn, and V values with minor Ag. This complex geochemestry is similar to the nearby Long Canyon mine which has gold reserves of 2.6 million ounces!

Clearly these claims could contain world class mineral deposits. Further study and drilling would likely prove major gold and silver reserves.

The owner will sell the entire claim group for $2.5 million cash plus a 6% NSR royalty. Or he will accept 1/2 down on a $4 million sales price with the balance over two years plus a 2.5% NSR royalty. He will consider selling individual mining properties but does not prefer to do this, and terms and price would have to be negotiated.

For more information

please email us

and ask about the

Four Large Claim Groups#L1885

 

fax 208 265 5377

home main site   home mobile

 

PEQUOP GROUP - abundant jasper and gossan mineralization

PEQUOP GROUP -conformable gossans in barite pit

PEQUOP GROUP - gossanous outcrop near barite pit

GOLDEN WONDER GROUP - bedded silceous scinter and chalcedony outcrop - 3.8 grams per ton gold

GOLDEN WONDER GROUP - auriferous autobrecciated Divide in mine dump

GOLDEN WONDER GROUP - hot spring deposit: bedded sileceous outcrop 135 feet wide