| Risk and valuation analysis of the ASHDOWN Project |
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| Title(s) of the ASHDOWN Project |
 | Win-Eldrich Mines Limited.
Interest: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Golden Phoenix to Sell 100% of Its Interest in the Ashdown Project LLC to Win-Eldrich Mines Limited |
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| Location of the ASHDOWN Project |
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Ashdown is located about 110 miles northwest of Winnemucca and 10 miles southwest of Denio Junction in Humboldt County, Nevada. The property is situated at an elevation of 4,700 feet on the northwest flank of the Pine Forest Range.
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| History of the ASHDOWN Project |
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It is believed that the Ashdown mine was first operated sometime in the 1880s as a gold mine. About 52,000 ounces of gold averaging 0.31 ounces per ton was produced up to about 1942, at which time a shut-down was mandated by the L-208 War Act, which more...
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| Geology of the ASHDOWN Project |
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The Ashdown mine hosts a highly concentrated molybdenum deposit located within a 200-foot vein. The deposit, known as the Sylvia Vein, The past work done on the property has identified potentially economic open-pittable gold as well as high-grade underground molybdenum resources on the property.
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