| Risk and valuation analysis of the HORSE MOUNTAIN - MIRANDA Project |
| Status Risk : Green exploration |
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| Title(s) of the HORSE MOUNTAIN - MIRANDA Project |
 | Miranda Gold Corp
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Newcrest signed a Letter of Intent to Joint Venture on Miranda Gold's Horse Mountain project whereby Newcrest may earn a 60% interest by funding $3,200,000 over a four year period. The first year's expenditure of $500,000 is an obligation. In order to earn an additional 10% interest, Newcrest must then fund an additional $5,000,000 of qualified expenditures over a three year period. |
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| Location of the HORSE MOUNTAIN - MIRANDA Project |
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Horse Mountain is located in the Shoshone Mountains, approximately 65 road miles (104 km) south of Battle Mountain, Nevada. Horse Mountain is on the Cortez Gold Trend, a northwest alignment of bulk-mineable, sediment-hosted gold deposits including Pi more...
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| History of the HORSE MOUNTAIN - MIRANDA Project |
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Previous work by Phelps Dodge defined a near-surface, upper-plate hosted, low-grade gold occurrence at the Rum Dreams prospect. Gold mineralization occurs with quartz veined, brecciated, oxidized and silicified chert and quartzite. Lamprophyre dikes more...
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| Geology of the HORSE MOUNTAIN - MIRANDA Project |
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The Shoshone Mountains are underlain by Cambrian to Devonian sedimentary rocks, Jurassic to Tertiary intrusive rocks, and Tertiary volcanic rocks (Figure 2). Two distinct sedimentary rock packages occur on the property, separated by a low-angle, regi more...
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