The property comprises 143 unpatented lode claims spanning 2954.5 acres (1195.7 hectares) and is set favorably in terms of structural and lithostratigraphic context. It is located near the Buffalo Valley and gold mines. Calcareaous siltstones and sandstones of the Havallah Formation are found in the area, and rock samples have shown anomalous values of pathfinder elements such as arsenic, antimony, mercury, silver, and gold.
Previous exploration by two companies revealed limited work in the 1990s involving trenching and drilling, but data from those programs are currently unavailable. The company has secured an option to explore the Jersey Valley property, viewing it as an opportunity to explore in a region known for its precious metals deposits
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Fonte: dallasnews - 🏆 18. / 71 Consulte Mais informação »