| Risk and valuation analysis of the Summit Silver-Gold Project |
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| Title(s) of the Summit Silver-Gold Project |
 | Santa Fe Gold Corp.
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| The Summit property is subject to underlying net smelter return royalties capped at $4,000,000 and to a net-proceeds interest on sales of unbeneficiated mineralized rock with an end price of $2,400,000. |
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| Location of the Summit Silver-Gold Project |
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The Summit silver-gold property is located in a rugged and isolated setting in Grant County, southwestern New Mexico, near the Arizona state line. The property lies within the Steeple Rock Mining District, which has recorded notable historic production of gold, silver, base metals and fluorspar from several mines, currently inoperative, including Carlisle, East Camp and Norman King
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| History of the Summit Silver-Gold Project |
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Prospecting activity dates back to before 1860. The first recorded production was from the Carlisle property, which operated from 1880-1897. A number of other mines including the Norman King and Billali also opened up during the 1880’s but ceased ope more...
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| Geology of the Summit Silver-Gold Project |
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The Summit mineralized vein occurs within a wide, structurally controlled zone of hydrothermally altered volcanic rocks. Silver and gold mineralization is epithermal in style and consists of silver sulfides and electrum or native gold along with less more...
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