SILVER CLOUD Project
SILVER CLOUD
Country USA 
Status BROWN EXPLORATION 
Surface 45 km² / 11,208 acres Number of claims 552
Latitude / Longitude 41 N 03 / 116 W 37
Legends
Valorisation
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Produces
Develops
Explores for Gold - Silver -
Last updated on 10/2/2010 - Terms of Use
Risk and valuation analysis of the SILVER CLOUD Project
Status Risk : Brown exploration
Country Risk : Very Low
Title(s) of the SILVER CLOUD Project
VanEck Vectors Global Alternative Energy ETF
Interest: 65%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
According to the earn-in agreement with Teck Cominco, Geologix now owns 65% (Teck Cominco 35%) of the Silver Cloud claims subject to underlying lease agreements with Placer Dome (Barrick) and a local underlying owner.
Production from Silver Cloud is subject to NSR royalties due to Placer Dome (Barrick) of 2% (capped) and the underlying claim owner of 3%.
VanEck Vectors Global Alternative Energy ETF
Interest: 35%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Location of the SILVER CLOUD Project
Silver Cloud gold-silver property is located in northern Nevada within the Northern Nevada Rift near the juncture with the Carlin Trend and adjacent to the Hollister low-sulfidation, bonanza epithermal gold deposit of Great Basin Gold. It is also located south, along trend, of the Midas mine (Newmont).
 
History of the SILVER CLOUD Project
Previous exploration on the Silver Cloud Property by Teck and Placer Dome has proven the existence of low-sulfidation, bonanza-grade vein occurrences beneath the mercury-bearing hot spring silica deposits. Results include drill intercepts of 1.5 metres of 157 g/t gold at a depth of 318 metres and 12.2 metres of 5.53 g/t gold at a depth of 208 metres found in widely separate target areas.
 
Location
Data last updated on : 6/30/2008
Disclaimer
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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