ICBM Joint Venture (Staccato/Barrick)ICBM (Cortez/Battle Mountain)
The ICBM Joint Venture (Staccato/Barrick) lies two miles to the north of the Long Peak project. The land position consists of 1300 acres on BLM administered lands. The drilling to date has demonstrated that mineralization is present and is localized along the contacts of the Cambrian sediments and altered granodiorite. This style of mineralization is being mined at Newmont's Fortitude/Phoenix complex to the south, an environment identical to that defined at the ICBM project in the mid-nineties. Staccato is the operator of the joint venture with a 67.5% interest, Barrick holding the balance of 32.5%.