Uke Project
Country USA 
Province Nevada
Close to Tonopah
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Last updated on 11/19/2010 - Terms of Use
Risk and valuation analysis of the Uke Project
Status Risk : Green exploration
Country Risk : Very Low
Title(s) of the Uke Project
Rogue Resources
Option on interest: 100%
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The American company will be operator and spend US$3 million over three years to earn a 50% interest in the consolidated property. Golden Chalice will spend nothing and have a 50% interest in the consolidated property. The Company can also be carried to production and retain a 20% interest.
Location of the Uke Project
Uke Property is located 80 km northeast of Tonopah, in Nye County, central Nevada in unsurveyed townships 8 and 9 North and ranges 47 and 47.5 East
History of the Uke Project
Newmont Mining originally obtained the current Uke ground in 1989 and carried out work consisting of geological mapping, rock sampling, grid soil sampling and geophysics.
Geology of the Uke Project
Paleozoic carbonate rocks are exposed on the eastern part of the claims and consist of units which are highly favorable gold hosts in the Carlin, Battle Mountain and Independence gold trends. Older units are found east of the Uke claims.
Data last updated on : 1/29/2009
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