Risk and valuation analysis of the Deep Creek (Nevada) Project |
Status Risk : Early discovery |
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Title(s) of the Deep Creek (Nevada) Project |
| Ashburton Ventures Incorporated Interest: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Deep Creek (Nevada) Project |
The Deep Creek claims are located approximately 112km north of Elko, Nevada, and 56km northeast of the Newmont-owned Midas mine, in the Independance segment of the prolific Carlin gold trend.
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History of the Deep Creek (Nevada) Project |
Gold at Deep Creek was first discovered by Franco-Nevada in the mid 1980s, when two large geochemical anomalies were found to contain visible gold in grab samples. One of a dozen holes drilled intersected 14 grams per tonne gold (0.42 opt Au) over a ten meter interval, but true thickness was not determined at the time.
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Geology of the Deep Creek (Nevada) Project |
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On the surface, mineralization appears to be associated with highly silicified breccias and sinters along a prominent range front structure in Paleozoic carbonate rocks. Over 70 surface rock chip samples were collected mostly along the range front st more...
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