Risk and valuation analysis of the GOLDEN MILE Project |
Status Risk : Early discovery |
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Title(s) of the GOLDEN MILE Project |
| Columbus Gold Corporation Interest: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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| Roscan Minerals Corporation Option on interest: 70% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the GOLDEN MILE Project |
The Golden Mile Property is located approximately 70 kilometres (43 miles) northwest of Tonopah, along the Walker Lane Gold Trend in Southwest Nevada.
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History of the GOLDEN MILE Project |
Golden Mile produced approximately 10,000 tonnes grading 12 g/t (11,000 tons @ 0.34 opt) gold in the 1930's. Geophysical surveys and limited drilling carried out in the 1970's and 1980's defined skarn, breccia and disseminated gold mineralization and included a drill intercept of 16 g/t gold along 29.5 m (0.46 opt along 96.7 ft), which included 47 g/t gold over 9.1 m (1.36 opt over 30 ft).
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Geology of the GOLDEN MILE Project |
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The geologic setting at Golden Mile is similar to the productive Fortitude (Newmont) and McCoy (Kinross) mines on the Battle Mountain Trend. Golden Mile has the potential to host a high temperature gold skarn deposit hosted by Mesozoic limestones int more...
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