Risk and valuation analysis of the South Eureka Project |
Status Risk : Feasibility |
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Title(s) of the South Eureka Project |
| VanEck Vectors Global Alternative Energy ETF Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Timberline acquired the South Eureka property as part of its acquisition of Staccato Gold Resources Ltd. ("Staccato Gold") and its wholly owned subsidiary, BH Minerals USA, Inc. ("BH Minerals"), in June 2010 |
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Location of the South Eureka Project |
The South Eureka property is located in the Eureka Mining district within the Battle Mountain - Eureka Trend, also referred to as the Cortez Trend. Barrick's Archimedes (Ruby Hill) mine is located approximately 7.2 kilometres (4.5 miles) north of the Staccato claim area
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History of the South Eureka Project |
The South Eureka property has a history of gold production from several open pits including the Windfall Mine, one of Nevada's first open pit heap leach mines
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Geology of the South Eureka Project |
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The Eureka District lies on the southern end of the Cortez Trend (Battle Mountain/Eureka Trend) of base and precious metal mineralization and deposits. This Trend (Roberts, 1960) hosts a large number of sediment-hosted gold deposits in several distri more...
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