Olympic Project |
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Olympic |
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Country |
USA
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Province |
Nevada |
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Status |
PAST PRODUCER
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Latitude / Longitude |
38 N 36 / 117 W 50 |
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Legends
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Risk and valuation analysis of the Olympic Project |
Status Risk : Past Producer |
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Title(s) of the Olympic Project |
| Fronteer Gold Leaser: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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AuEx controls 114 unpatented mining claims which are leased from a local Nevada geologist subject to annual payments, a 3% NSR royalty and a small work committment. |
| Unknown Company |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Olympic Project |
The Olympic Project lies at the northern end of the Cedar Mountains in eastern Mineral County, Nevada about 40 miles east-northeast of Hawthorne and 18 miles southwest of Gabbs. The property lies in portions of T8 and 9N, R37E about 10 miles south of the former Paradise Peak mine operated by FMC Gold.
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History of the Olympic Project |
Quartz vein material is believed to have been first discovered at Olympic in about 1915. Production commenced in 1917 and continued until 1921 utilizing an onsite mill. Small scale production from leasers occurred from 1921 through 1942 when gold mining was suspended during WW II.
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Geology of the Olympic Project |
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The oldest known rocks in the district are Triassic carbonates of the Luning formation which have been locally intruded by Cretaceous quartz monzonite.
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Data last updated on : 8/28/2008
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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