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Highway 50 Gold Corp HGGCF


Primary Symbol: V.HWY

Highway 50 Gold Corp. is a Canada-based mineral exploration stage company. The Company is focused on exploration and evaluation of assets located in British Columbia and Nevada, United States. Its projects include Johnson Canyon Property, Gold Knob Property, Golden Brew Property, Quito North Project, and Monroe Property. The Company holds a 100% interest in the Johnson Canyon project, located in Lander County, Nevada. The Company also holds a 100% interest in the Gold Knob property located in Pershing county, Nevada. The Company’s Golden Brew Property is located in Lander County, Nevada. The Monroe claims are centered on the southern extension of the Sullivan Mine Corridor, 40 kilometers (km) south of the world-class Sullivan lead-zinc-silver mine. The Quito North claims cover the northeast corner of the Quito Lower-plate window and encompasses 3,000 m of the northern projection of the Quito Mine mineralized structure.


TSXV:HWY - Post by User

Post by Jaemakon Nov 27, 2020 1:14am
1079 Views
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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