DEVIL’S CANYON GOLD PROJECT
NEVADA
90 claims covering 7km2 lying 20km west of the Kinross Bald Mountain Gold Mine (5.9Moz) in the prolific Carlin Gold Trend and 40km north of the Ruby Hill Mine, Nevada
INTRUSIVE RELATED AU-CU-AG MINERALISATION
Minimal modern-day exploration completed, limited shallow drilling completed in 1980’s
Diablo high-grade rock chip sampling results:
191.5 g/t Gold
524 g/t Silver
10.25% Copper
Initial Vendor rock chip sampling returned high-grade results including:
92.2 g/t Gold
1.23% Copper within Target T1
Due diligence sampling proximal to the margin of the intrusive returned similar results with peak grades of:
16.05% Copper
173 g/t Silver
2.65 g/t Gold
ROCK SAMPLING IN LATE 2020 IDENTIFIED FOUR DISTINCT MINERALISED ZONES, ASSOCIATED WITH STRUCTURAL TARGETS:
Zone Au
Gold ranging 1.12g/t – 191.5 g/t
Silver ranging 22.1g/t – 524 g/t
Copper ranging 0.54% – 10.25% corresponding to Target T1
Zone Au2
Gold ranging 0.9g/t – 7.15 g/t
Silver ranging 32.6g/t – 174 g/t
Copper ranging 1.32% – 6.14% parallel to Target T3
Zone Cu1
Copper ranging 0.22% – 4.41%
Silver ranging 0.6 g/t – 63.6 g/t on southern contact of magnetic high
Zone Cu2
Copper ranging 0.40% – 7.74%
Silver ranging 0.60 g/t – 30.1 g/t correlating with Targets T5 & T6
EXPLORING FOR WORLD CLASS GOLD-COPPER DEPOSITS
Airborne magnetic survey identified geophysical features interpreted to represent:
Magnetite skarn alteration at lithological contacts and along structures Zones of magnetite destruction possibly related to later mineralizing events
Soil geochemistry and detailed geological mapping is planned for Q3-Q4 2021
Maiden drill program budgeted and finalized, permitting and logistics planning underway