Dixie Flats / North Star Gold Project

KEY POINTS

  • On Trend location with strong exploration potential along projected strike of the ore-controlling Rain and Emigrant/Dark Star faults
  • The stratigraphic Ddg/Dw host horizon at Rain, Emigrant, and Pinion is present at Dixie and hosts mineralization in some historic drill holes
  • Under-explored with 90% of the project undrilled due to alluvial cover with only 9 of 27 holes testing the target horizon, returning intercepts up to 0.208g/t Au over 29m and a high gold value in drill samples of 1.37 g/t Au
  • Recent CSAMT lines identified strong exploration targets along N-striking faults that are well documented ore controls on the southern Carlin Trend

GEOLOGY

  • HOST ROCKS – Altered and brecciated sections along the contact between the Mississippian Webb Formation and underlying Devonian Devil’s Gate Limestone at intersections with high-angle faults. The overlying Chainman Formation is also known to host disseminated gold deposits in the area
  • STRUCTURE– NS, WNW, and NE striking faults, and anticlinal folds are known to control mineralization at surrounding deposits, and several of these project through Dixie as indicated by CSAMT data
  • ALTERATION – Webb Formation is silicified, oxidized, brecciated, and contains barite and pyrite. The Devil’s Gate Limestone is locally silicified
  • GEOCHEMISTRY – Gold-bearing mineralized zones commonly display elevated concentrations of As, Sb, and Ba, as well as weakly anomalous Ag

Geologic map of the northern Pinon Range showing Dixie Flats location and gold mines and active exploration projects

West central Dixie Flats project with significant gold intercepts, and soil gas and Au in sagebrush anomalies

EXPLORATION TARGETS

  • North-Striking Emigrant to Dark Star Fault – Targets defined by CSAMT where they intersect the Webb/Devil’s Gate contact at depth
  • Fault Intersections – Intersections of multiple faults of various orientations modeled from prior drilling and geophysics with areas of increased collapse breccia development which enhanced the volume of mineralizing fluid flow
  • Soil Anomalies – Limited soil sample grids identified two general areas with anomalous gold in soils that remain untested by drilling.
  • Rain Fault Extension – A buried fault that is interpreted to be the southeastern continuation of the Rain Fault strikes to the east-southeast across the northern portion of the claim block

DATA

  • 314 Dixie, and 56 North Star claims on BLM – 31 km 2 on BLM with 2 internal private sections not part of this property package.
  • 69, mostly shallow (100-200m, with 300m max) RC holes in the immediate vicinity, of which 27 holes are on the current claim block.
  • 2017 and 1997 CSAMT surveys on the west side of the claim block.
  • 1997 Soil gas and Metals in Sagebrush surveys.
  • Site-specific geologic map of project area, including surrounding outcrops.
  • 300 soil samples in two distinct grids.
  • A 43-101 Technical Report for the Dixie Flats Project written in 2011.

Cross Section looking NNW through northern drill area, showing Paleozoic stratigraphy, gold intercepts, and the geometry of proposed buried CSAMT targets

Plan View of North Star CSAMT Target and Dark Star (1 Moz) Analog to south

The Dixie Flats claim block showing proposed exploration target areas that have not been tested by drilling.

Cross Section looking North through southern drill area showing Paleozoic stratigraphy, gold intercepts, and the geometry of proposed buried CSAMT targets

Location

Southern Carlin Trend, Elko County, Nevada

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