Comments from the latest MD&A The Garfield Flats Project consists of 59 unpatented mining claims having a combined area of approximately 858 hectares (2120 acres) that covers several past producing small-scale high-grade gold and copper mines, altered and mineralized zones discovered by previous geological compilations and mapping of the historical workings. Historical sampling on the project has revealed the presence of copper, bismuth, and antimony as well as pervasive lower grade gold mineralization, cut by vein structures (some previously mined) of higher-grade gold. Previous induced polarization surveys also denoted the presence of significant coincident I.P. anomalies. These factors demonstrate the potential of this relatively unexplored project for the discovery of gold mineralization. The Garfield Flats Project is within the Walker Lane shear zone, a 60-milewide structural corridor extending in a southeast direction from Reno, Nevada, located 18 miles southeast of Hawthorne, NV along U.S. Highway 95. The project has excellent year-round access and infrastructure within Mineral County, one of the most pro-mining counties in the pro-mining states and highest-grade gold districts of Nevada.
Phase I of the Garfield Flats 2019 exploration program consisted of reconnaissance prospecting, geological mapping, relocating historical workings and ground based geophysical surveys. This initial reconnaissance program will provide accurate modern data to assist in the planning of the 2020 phase II surface trenching drill program. Phase II was expected to begin following the compilation of the phase I results, later in 2020. However, this was delayed from the impacts of the worldwide COVID-19 pandemic, that effected the Company Canadian based management’s ability to travel cross border, availability of field personal and various contractors. Phase II is expected to now be completed later in 2021, subject to field crew personnel availability.
The Chucker Property is located in the Silver Star Mining District, within Mineral County, Nevada, in the Walker Lane gold trend. The Chucker Property consists of 28 unpatented mining claims with a combined area of 226 hectares (560 acres) that covers numerous prospect pits and past producing small-scale high grade gold mines.
The Chucker Property also contains a surface exposure of the range front fault which was historically mined from a shaft. The Chucker Property is located within the intersection of the Walker Lane shear zone and associated Mina Deflection of the Walker Lane. This combination creates major fault zones or conduits for ascending mineralized solutions. From observation and historic assay values, gold, silver, lead, zinc and copper are found in amounts that demonstrate significant potential for exploration. There is no evidence of modern-day exploration or drilling on the property. The Chucker Property is located 60 miles southeast of Hawthorne, Nevada or 5 miles southwest of Marietta, Nevada, easily accessible via state and secondary roads with year-round access. The Chucker Project is located in close proximity to past producing mines such as Marietta Mines, Moho, and Camp Douglas. The core portion of the property has been held by private interests for over 40 years.
Palmetto Property, SOCK owns 100% undivided interest in 79 unpatented mining claims totaling 1600 acres in the Palmetto Project, Nevada (the “Palmetto Property”). The Palmetto Property is located in Esmeralda County, Nevada, within the southern portion of the Walker Lane gold trend.
During the period ending December 31, 2020, the Company completed a re-evaluation and re-interpretation of the Palmetto geological model. This was followed up by reconnaissance prospecting, geological mapping, sampling and the relocation of historical workings. A Phase II initial drill program was planned for later in 2020, but was delayed from the impacts of the worldwide COVID-19 pandemic. The Phase II initial diamond drill program started in February 2021.
On April 21, 2020, the Company entered into an exploration lease with option to purchase Agreement (the "Agreement") on the Giroux Project, located in Mineral County, Nevada, within the Walker Lane shear zone
The Giroux Project, located in Mineral County, Nevada, within the Walker Lane shear zone.
The Company has begun Phase I of the Giroux exploration program which will consist of reconnaissance prospecting, geological mapping, surface trenching, sampling, and relocating historical workings. This reconnaissance program will provide accurate modern data to assist in the planning of the phase II drill program. Phase I is estimated to last for three to four weeks, with phase II expected to begin following the compilation of the phase I results, later in 2020, pending drilling permits.
As at December 31, 2020 there were 71,067,264 issued common shares and at the date of this MD&A there were 71,067,264 issued common shares.