RE:Newrange Gold Corp (TSX.V: NRG) - Pamlico Has Multi Million Howestreetbull, I assume the reason you mentioned NRG is because SKYG also has a Nevada property, do you know how close they are....? Here is some informaiton on SKYG's MorningStar's property, amazing how good the early results indications are that this is a substantive property.
Project Highlights
- Nevada stable, pro-active mining jurisdiction
- Former historic gold producer with limited drilling
- Replacement style gold mineralization in carbonates principal target
- Metamorphic calc-silicate skarn Ag-Pb-Zn-Cu mineralization is secondary target, with a historic (1960’s) drill hole
- Surface samples by previous owners (2002), returned gold values up to 0.33 opt gold (11.31 g/t Au)
- The shaft and dump areas are a popular site for mineral collectors with metal detector prospecting for native gold specimens (see above)
- Sky has an option to acquire 100% interest in the Evening Star property
Location & Geology
The Evening Star property is located in west central Nevada in Mineral County and is comprised of 43 unpatented mineral lode claims totalling 660 acres. The property covers two historic, formerly producing mines, the Evening Star mine and the Gold Bug mine.The Evening Star Mine shows a similar geological context as La Panta Mine located about 1.6 km to the west and is known as a replacement or manto type deposit where free gold is contained in irregular masses of siliceous ferruginous locally jasperoidal gossan material forming replacement bodies in limestone. The Gold Bug Mine is a skarn type deposit where copper mineralization occurs along the contact between quartz monzonite and limestone. The property is readily accessible by well-maintained dirt roads, south for approximately 9 kilometers from U.S. Highway 95. Despite the mining history that dates from the early 1900’s, the property has seen little modern exploration.
Exploration & Targets
Past exploration works consisted in partial geological mapping, rock sampling and the drilling of one diamond drill hole, in which two intercepts were reported:
- From 48.5 meters (159 feet) returned 6.1 m (20 ft.) averaging 408 g/t Ag (11.9 oz/t Ag), 14.88 % Pb, 4.70 % Zn and 0.16 % Cu
- A second intercept from 76.8 meters (252 feet) returned 18.6 meters (61.0 ft.) averaging 277.8 g/t Ag (8.10 oz/t Ag), 9.73 % Pb, 5.36 % Zn and 0.27% Cu
- Surface samples collected in 2002 by the previous owners, Consolidated Goldfield Ltd, also identified several gold anomalies ranging up to 11.31 g/t Au gold (0.33 oz/t) from the historic Evening Star mine area 2
The principal exploration targets are the extensions of the replacement gold zones of the Evening Star deposit, along its northeast strike and southeast plunge and the contact metamorphic calc-silicate skarn located in the northern portion of the claim block.
The reader is cautioned that these historic drill-hole results (1968) were completed prior to the implementation of National Instrument 43-101, and must be considered only as a historic reference. Neither the Company nor its qualified persons have done sufficient work to verify this historic drill hole. Additional work including surface geophysics, drilling and borehole geophysics may need to be completed to verify the mineralization presented in this historic drill hole.