PROJECTS - G&C Nevada Royalty Group

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PROJECTS
DHS Project

Description


Epithermal gold-silver deposits of the quartz-adularia type at the DHS project were emplaced in a local Jerry Creek Permian volcano-clastic field. The potential deposit should be a combination of high-grade bonanza veins, medium grade breccias, and lower grade dissemination. High-grade banded veins (up to 0.9 opt Au) should be located west and within historic drilling intercepts, but zones with less than 0.1 ounces per ton (oz/ton) gold also are significant and probably would constitute ore elsewhere without the veins (historic intercept cover by alluvium). Silicified hydrothermal breccias could be an important host associate with structures cross.
Location

                         
Geology


                        
  • Several high-grade gold and silver showings in veins and shears in the happy creek volcanics.
  • Two possible styles of mineralization: first disseminated gold mineralization and second high-grade epithermal veins (Au-Ag).
Potential


  • Past drilling was focused on low angle faults (front range), but not follow subvertical shear zones and folding targets.
  • Possible extension east and west of the silver high grade intercepted in L14, L18 and L19.
  • Four potential targets, testing E-W shear zones extension, and disseminated epithermal sector.
                        
Next Steps


  • Magnetometric survey, 100 km
  • Enzyme leach sampling, over pediment.
  • 3D model and drilling program.
Work to Date


  • 1994: 21 RC vertical holes had been drilled, 100 m average, 04 holes intercepted high grade silver and gold up to 22.9 opt Ag and 11 gpt Au.
  • 207 rock samples. Gold values range from below detection limit to 0.9 opt Au and are in classic epithermal quartz vein.













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