Mud Springs
Nevada Gold/Silver Project with High Grade Historical Sampling
| Location | Historic Resources | Status |
|---|---|---|
|
Lander County, Nevada |
Not defined |
Under Contract |
Summary and Location
Historical sampling from workings returned high-grade gold and silver values, including a dump grab sample assaying 1.052 oz/ton gold and 40.32 oz/ton silver. Additional high-grade samples confirmed significant lead, zinc, and copper. The project contains multiple mineralized structures, including the Rose Bud and Mud Spring shafts, with trenching exposing mineralization along a 3,700-foot strike length.
Located in the prolific Battle Mountain-Cortez trend, the property is underexplored with significant potential for discovery. A 1980 report recommended a two-phase exploration and drilling program to test known targets and define a resource.
The Mud Springs project is located in the Bullion District, Lander County, Nevada, approximately 24 air miles southeast of Battle Mountain.
Geology
The project is strategically located on the Battle Mountain-Cortez mineral trend, a world-class gold-producing region. Property geology consists of Devonian Slaven Chert and Ordovician Valmy Formation, intruded by Tertiary granodiorite and quartz porphyry.
Mineralization is hosted in multiple east-west trending structures and fracture zones. Historic workings include the Rose Bud and Mud Spring shafts, which target mineralized structures with sampled widths from 1.5 to 5 feet. Metals present include gold, silver, lead, copper, and zinc.
A 1980 report identified a complex mineral suite including boulangerite, tetrahedrite, galena, sphalerite, and chalcopyrite. Surface and near-surface rocks are noted to be well-leached, despite their high values, indicating potential for even higher grades in fresher rock at depth.
Exploration History
The Bullion District was discovered around 1869, with early work focusing on silver. Placer gold was found in Mud Spring Gulch in 1907. Historic development on the property includes the Rose Bud and Mud Spring shafts, the Sims adits, and numerous trenches and surface workings. Productive work largely ceased after 1910.
A property examination was conducted in 1980 by Grand Canyon Resources Ltd., which consisted of mapping and sampling the historic workings. This work confirmed the presence of high-grade polymetallic mineralization. Chip samples from the Rose Bud shaft returned up to 0.08 oz/ton gold and 3.96 oz/ton silver over 1.5 feet. A selected dump grab sample from the Mud Spring shaft assayed 1.052 oz/ton gold and 40.32 oz/ton silver, and a sample from the Sims tunnel dump assayed 0.18 oz/ton gold, 23.40 oz/ton silver, and 3.50% lead.
The report concluded that the property warranted an aggressive, two-phase exploration program including drilling to test the potential for a viable ore body.