Properties
- Golden Brew Project

The Golden Brew project area displays Carlin-style mineralization
with ore-grade gold and silver rock chip and soil values distributed
along at least 4000 feet of strike length in favorable host rocks.
It shows the potential to contain 1 million+ ounces of gold in near-surface
resources.
Location/Land
Golden Brew is located in central Nevada on the western side of the
Toiyabe Range about 20 miles southwest of Austin in the Toiyabe National
Forest. The project comprises 100 acres of unpatented mining claims.
Setting
The project area was an unknown Au-Ag occurrence until discovered
by a geologist for Superior Oil in 1980. It is located near the Kingston
District, which contains the Victorine Mine, and it is about 10 miles
south of the Quito Carlin-type deposit. The large Northumberland Carlin-type
gold system (5 million ounces of gold?) is located about 20 miles
to the east.
Geology and Geochemistry
The project area is underlain by the Crane Canyon sequence, a Cambrian
unit consisting of massive limestone, shaly limestone, and limey shale.
This unit is cut by several north-south and west-northwest trending
faults. It shows an antiformal structure with the limbs separated
by one of the north-south faults.
Jasperoid and silicified breccia are developed preferentially one
of the along the WNW faults along a strike length of over 2500 feet.
Rock chip sampling of this material has returned several +1 ppm Au
assays with a maximum of 4.01 grams/ton gold (0.128 opt Au). Other
elements are strongly anomalous as well with up to 900 grams/ton (28.9
oz/ton) Ag, 1010 ppm As, 99 ppm Sb, 187 ppb Hg, and low base metals.
Soil sampling returned widespread anomalies in the vicinity of mineralized
outcrops along the WNW fault zone. In addition, the soils showed anomalies
eastward from the known mineralization and also along the NS fault.
Gold values in soils were subdued relative to the rock chips with
only 3 samples containing more than 100 ppb, even in areas with several
+1 ppm Au rock chips.
Previous Work
Meridian Gold explored the property in 1988 with mapping, rock chip
sampling, soil sampling, and the drilling of 8 rc holes. The best
results from the drilling were 30 of 0.65 grams/ton (0.021 oz/t) Au
with 15.5 grams/ton (0.5 opt) Ag. Meridian had a very narrow effort,
only sampling and mapping an area of about 2500 feet by 1200 feet.
Their drilling was even more focused testing only 600 feet of strike
length of the jasperoid zone. FMC Gold later extended the soil grid
to the north, east, and south.
Targets
Meridian’s work only started exploration at the Golden Brew
project. They did not test approximately 2000 feet of the mineralized
WNW structure including the area with the strongest soil anomalies
nor did they test the NS fault. In addition, FMC’s soil sampling
extended several of the gold anomalies into areas that have yet to
mapped, sampled, or drilled. Several drill targets exist currently
on the property and it is believed that with further work more targets
will be discovered. |