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Highway 50 Gold Corp V.HWY

Alternate Symbol(s):  HGGCF

Highway 50 Gold Corp. is an exploration stage company. The Company is engaged in the acquisition and exploration of exploration and evaluation assets. The Company is focused on exploration in British Columbia and Nevada, United States. Its projects include Gold Knob, Golden Brew, Johnson Canyon and Monroe. The Gold Knob project comprises 589 unpatented claims located 80 kilometers (km) southwest of Winnemucca, Nevada near Kyle Hot Springs in Pershing County. The Golden Brew project comprises 101 claims prospective for Carlin-style gold mineralization. The Johnson Canyon project comprises 186 claims in two contiguous blocks, located in Lander County, Nevada, approximately 16 km south of Austin. It has the option to earn an undivided 50% interest in the Monroe project located 20 km south of Cranbrook, British Columbia. The Monroe claims are centered over the Southern extension of the Sullivan Mine Corridor, 40 km south of the Sullivan lead-zinc-silver mine.

TSXV:HWY - Post by User

Post by Jaemakon Nov 27, 2020 1:14am
Post# 31987073

Gold Knob

Gold KnobThis looks like a very interesting aquisition for Highway 50. We need to know more details about the data that convinced the Leasks to add this project to their Nevada holdings, but I like the following piece of information from their news release.

"Structurally, the window sits at the projected intersection of the Northern Nevada Rift central, the northern flank of the Caetano Trough and the southernmost projection of the Getchell Trend."

This cross structure is very important when looking for Carlin Style gold deposits. Certainly samples showing 100 gpt is impressive. The Leasks know a lot about Nevada geology as they once sold off White Knight to US Gold (now McEwen Mining) and then moved on to discover Lindero in Argentina for Mansfield Minerals. Lindero is about to start production for Fortuna Silver.

Can they do it again? 

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