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Gunpoint Exploration Ltd V.GUN

Alternate Symbol(s):  CJIMF

Gunpoint Exploration Ltd. is a Canada-based company focused on the acquisition and exploration of precious metals located in the United States and Guatemala. It owns a 100% interest in Talapoosa gold project (Talapoosa), located in Lyon County, Nevada. Talapoosa is a low-sulphuration gold-silver property located in the Walker Lane gold trend of western Nevada, over 45 kilometers east of Reno. Talapoosa consists of 509 unpatented lode mining claims owned by the Company, 26 leased unpatented lode mining claims, six additional leased fee land sections and a portion of one additional fee land section owned by one of its United States subsidiaries. The total land package for the property is contiguous and covers over 6,018 hectares (14,870 acres). Its El Escorpion property is located 85 kilometers southeast of Guatemala City, Guatemala. El Escorpion is situated seven kilometers southwest of Pan American Silver Corp.’s Escobal silver deposit. The Escobal land package surrounds El Escorpion.


TSXV:GUN - Post by User

Post by MaterialsManon Mar 02, 2023 10:17am
144 Views
Post# 35314946

Gonna need drilling

Gonna need drillingGUN announced before the open today that NCM seems to be on to something substantial at Appaloosa. RR said "...... the resuts indicate potential for the discovery of a bonaza style gold strike....." . The exploration by NCM has CONFIRMED the existance of a large mineralized hydrothermal gold bearing system. Not being a geologist I can only guess that this is very good news. I would think that Newcrest will mount a drilling campaign this summer to prove what they seem to know is there. 
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