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Bald Peak Project
Overview and Location
The Bald Peak Property, acquired in August 2021, is located in Nevada’s prolific Aurora mining district, along a parallel structural trend to the historic Bodie, Aurora, and Borealis open-pit goldmines.
Prior to the acquisition, an extensive alteration system extending more than 6 kilometers, was identified, prompting the staking of additional claims toward Hecla Mining’s Aurora Mine.
Initial exploration included geological mapping, surface sampling and a 21.4 kilometer Controlled Source Audio Magnetotelluric survey across15 lines. The survey outlined shallow silicified zones identified by resistivity.
Surface sampling from silicified outcrops returned average grades of 2.62 g/T gold and 4.2 g/T silver, with assays up to 10.85 g/T gold. The highest-grade samples are concentrated withing a geophysical anomaly measuring approximately 600 meters by 1,400 meters.
Despite these encouraging results, Bald Peak has never been drill tested. The combination of high-grade surface mineralization and compelling geophysical targets highlights the projects exploration potential and provides a strong foundation for future drilling.
Mill Creek Property
The Mill Creek Property has been part of the Company's portfolio since the 2015 acquisition of the former Paramount by Coeur Mining. While not currently considered a material property, the project represents additional exploration optionality within Nevada’s Battle Mountain mining district.
The property consists of 36 contiguous unpatented lode mining claims covering approximately 720 acres in the northwestern Shoshone Range, approximately 33 kilometers south of Battle Mountain, Nevada. The project benefits from established road access via Highway 305 and maintained local access roads.
