| Maverick Springs Project |
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Maverick Springs |
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Country |
USA
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Close to |
Ruby valley |
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Status |
ADVANCED DISCOVERY
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Mining Trend |
Carlin Trend |
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Latitude / Longitude |
39 N 56 / 115 W 32 |
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Legends
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Explores for
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Gold - Silver -
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| Risk and valuation analysis of the Maverick Springs Project |
| Status Risk : Advanced discovery |
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| Title(s) of the Maverick Springs Project |
 | Allied Nevada Gold Corp.
Interest: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Allied Nevada has 100% interest in the gold mineralized material, while Silver Standard Resources Inc. acquired the interest in the silver mineralized material. |
 | VanEck Vectors Global Alternative Energy ETF |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| In June, 2003, Vista entered into an agreement granting SSRI an option to acquire a 100%
interest in the silver resources at Maverick Springs. Vista will retain its 100% interest in the gold
resources. |
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| Location of the Maverick Springs Project |
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Maverick Springs is located in northeastern Nevada, about halfway between Elko and Ely, at the southeast end of the Carlin Trend belt of gold-silver deposits. Access is by a 40-kilometer (25-mile) gravel road from the town of Ruby Valley.
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| History of the Maverick Springs Project |
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The property was first staked and explored in 1986 by Artemis Exploration Company. Vista Gold Corp. acquired a lease on the property in December 2001 and subsequently formed a joint venture with us in 2002. We will own the silver resource while Vista more...
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| Geology of the Maverick Springs Project |
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The silver-gold mineralization occurs as a Carlin-type, sediment/carbonate-hosted disseminated deposit measuring about 2,400 meters in length, with a width of 760 meters and a thickness of approximately 60 meters. Mineralization is open to the south and north-northwest. Preliminary metallurgical testwork indicates a process using conventional milling will yield 63% to 97% recoveries for silver.
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| Discoveries and Drilling Results | |
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Data last updated on : 12/31/2009
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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