High-Grade Epithermal gold-silver in Nevada’s Walker Lane Trend
Early in 2021 the Company signed a Letter Agreement for an option to purchase, over five years, 100% of the Rockland property, including the past-producing Rockland Mine, located in the Walker Lane geological belt of western Nevada. The property hosts a large, robust, low-sulphidation epithermal gold-silver vein system with many if not all of the important geological characteristics associated with bonanza-grade epithermal deposits elsewhere in Nevada at the Midas (Ken Snyder) and Sleeper mines, among others.
On the property two target areas are of interest: Rockland Mine, located on the west side of the property, and Rockland East, the latter of which is now drill permitted. Significant high-grade and bulk tonnage potential remains in the vicinity of the Rockland Mine. At Rockland East, an extensive lower-tenor gold zone encompassing intervals of moderate to high grade has been partially outlined in drilling by previous operators over approximately 800 metres of strike length, at moderate depth. In this broad zone, strongly elevated pathfinder elements including As, Sb and Hg, suggest that it may represent the low-grade halo to a core of much high-grade, ‘bonanza-style’ veining, similar to those seen at the Sleeper and Midas mines.
In 2021, a high resolution, drone-borne magnetic survey was completed over the entire Rockland claim block, along with reinterpretation of historical IP and CSAMT surveys, and extensive new sampling of soils and rock. Further exploration steps are being planned.