Risk and valuation analysis of the NEW PASS Project |
Status Risk : Advanced discovery |
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Title(s) of the NEW PASS Project |
| Bonaventure Enterprises Inc. Interest: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the NEW PASS Project |
The New Pass property is located along the Austin-Lovelock mineral belt in the New Pass Mining District, 27 miles west of Austin, Nevada. New Pass is comprised of 107 unpatented lode mining claims (2,231 acres), and is accessed from Austin, Nevada by more...
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History of the NEW PASS Project |
Dekalb Mining first discovered gold on New Pass in 1980 as a result of follow-up work to a NURE stream sediment survey. Dekalb transferred ownership of the claims to Northern Illinois Coal, Oil, and Resources Mineral Ventures ("NICOR") in August of 1 more...
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Geology of the NEW PASS Project |
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Substantial gold has previously been discovered on New Pass, greatly increasing the odds of new ore discoveries. In 1989, Westmont estimated an historic gold resource of 3,371,000 tons of material grading an average 0.042 oz/ton (using a 0.02 oz/ton more...
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