Nevada Silver projects

The Corcoran Silver Project, Nevada, USA consists of 328 contigious mineral claims, has mineralization near-surface, is open in all directions and has a NI 43-101 inferred mineral resource of 33.5 million silver-equivalent ounces. The Corcoran Silver Project has a number of high priority exploration targets that provide excellent growth potential as well as considerable depth potential for high-grade silver/gold ‘feeder’ zones.

The Belmont Silver project is 15km south of Corcoran and was among the earliest and richest silver mining camps in the Tonopah district with an estimated average silver ore head-grade of 25oz/t (775g/t) Ag. Belmont’s proximity to Corcoran allows effective technical support and future development synergies. There has been negligible silver exploration since the 1880’s despite high-grade silver samples (up to 0.5% Ag) collected from remnant mine dumps by the USGS. Mined lodes of extraordinary high-grade silver have the potential for extensions at depth.

Location

Situated within a productive belt of current and past producing mines hosting 257Moz Ag + 27Moz Au.

Geology

The Toquima caldera complex is one of the most highly endowed Au-Ag districts in the USA. The 30km wide zone of nested calderas include five ore deposits hosting 24Moz Au and +89Moz Ag.

Nevada is the World’s #1 mining jurisdiction.

Fraser Institute 2022 Annual Survey of Mining Companies