| Risk and valuation analysis of the GOLDEN CHEST Project |
| Status Risk : Advanced discovery |
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| Title(s) of the GOLDEN CHEST Project |
 | New Jersey Mining Company
Joint venture: 50% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| The Company's land position at the Golden Chest covers an area of 500 acres. About 230 acres is held through a mining lease with Metaline Contact Mines that calls for a sliding scale Net Smelter Royalty (NSR), and the remaining area is held through a more... |
 | Marathon gold Corp
Joint venture: 50% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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 | Metalline Mining Company
Net Smelter Return: 3% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the GOLDEN CHEST Project |
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The Golden Chest is located 2 kilometers east of Murray. In 2004, the Company completed at 150-meter exploration ramp on the Katie vein from which it is now mining gold ore at a rate of approximately 350 tonnes per month. Ore is shipped to the New Je more...
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| History of the GOLDEN CHEST Project |
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Historic gold production from the Murray district totals over 300,000 ounces of gold of which more than 200,000 ounces were from placer (stream) deposits. The Golden Chest was the largest lode producer in the Murray area and produced 65,000 ounces of more...
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| Geology of the GOLDEN CHEST Project |
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Gold mineralization is associated with a thrust fault. Gold-bearing quartz veins are hosted by folded siltite-argillite and quartzite of the Prichard formation. Two types of veins are found are the Golden Chest: banded veins and massive veins. The ba more...
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