| Risk and valuation analysis of the Pine Grove Project |
| Status Risk : Past producer |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Title(s) of the Pine Grove Project |
 | Lincoln Mining Corp
Owner: 100% |
 | | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
|
 | Romarco Minerals Inc
Joint venture: 60% |
| | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
| Romarco has an Option Agreement with Toquima Minerals US Inc. to earn a 60% interest (70% under certain conditions) by spending US$ 2 million in exploration and project holding costs prior to December 31, 2009. |
|
|
|
| Location of the Pine Grove Project |
|
Approximately 20 miles south of the farming and mining town of Yerington in the Pine Grove Hills, Humboldt-Toiyabe National Forest, Lyon County, Nevada. The property encompasses the entire Pine Grove (Wilson) mining district. Access is excellent vi more...
|
| |
| History of the Pine Grove Project |
|
The mining district was discovered in 1866 and was originally called the Wilson mining district. The name changed over time to the Pine Grove mining district which reflects the name of the mountains in which the district is located. Gold was produced largely from two underground mines, the Wilson and the nearby Wheeler, which are separated by about 3,500 ft on either side of Pine Grove Creek.
|
| |
| Geology of the Pine Grove Project |
|
|
The Pine Gove district is dominated by Jurassic granodiorite and its variations. The granodiorite has been postassicly altered and locally displays abundant secondary biotite. Dikes and sills of various compositions (andestie, dacite, rhyolite) hav more...
|
| |
|
|
