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| | Kings Canyon, Utah NI43-101 Report (PDF, 666 KB)The Kings Canyon property is located in the Great Basin region in west-central Utah and currently encompasses 970 acres of unpatented claims and a state minerals lease. Gold mineralization is a Carlin-style system hosted at shallow depths in Paleozoic carbonates and controlled by steep feeder faults. The property is immediately adjacent to and encloses on three sides a separate block of claims held by Crown Resources that contains a resource of >200,000 ounces of gold. This defined mineralization trends directly onto the Genesis property where it is inadequately tested. In addition, many additional mineralized faults have been delineated on the property that define numerous untested targets in areas where the favorable horizon is at very shallow depths. The property has the potential to host several hundred thousand ounces of near-surface oxide gold mineralization with low production costs. Green Springs, Nevada NI43-101 Report (PDF, 462 KB)Green Springs is situated in central Nevada and covers 240 acres of unpatented mining claims. These claims encompass the down dip projections of Carlin-style gold deposits which were mined in the late 1980's by the USX Corp., producing 60,000 ounces of gold at a grade of 0.06 opt Au. Alteration in the area is widespread yet previous exploration was narrowly focused along one target horizon. It is believed the district is ripe for a thorough re-evaluation and that numerous compelling new targets can be developed within this gold system. It has the potential to host several more low-cost gold orebodies. |
