Risk and valuation analysis of the Middlegate Project |
Status Risk : Early discovery |
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Title(s) of the Middlegate Project |
| Terraco Gold Corp. Option on interest: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Terraco has an option to earn an undivided 100% interest in the Middlegate Claims by spending a minimum of US$480,000 in exploration expenditures on the Middlegate Property within a four-year period. The commitment and timing for exploration expendi more... |
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Location of the Middlegate Project |
The Middlegate property is located five (5) miles south of the town of Middlegate, Churchill County, Nevada and approximately 30 miles from the historic mine of Paradise Peak which from 1986 through to 1994, produced over 1.6 million ounces of gold and 24 million ounces of silver1 whilst being operated by Meridian Gold
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Geology of the Middlegate Project |
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Based upon initial observations, Middlegate alteration and mineralization commences at a very high level, at or near paleo-surface. Targets at the Middlegate Property include volcanic-hosted, epithermal stockwork, breccia, and/or vein gold-silver deposits.
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