Arizona Gold & Silver Inc V.AZS

The most valuable Rhyolite flow dome ever?

[winr88]

From CEO.Ca.         
Here is a little bit of interesting info regarding the ghost town of Rhyolite, NW of Las Vegas. It was really a flash in the pan since it grew to a town of 10,000 by 1907 and down to 675 by 1910. In 1906, Charles Schwab purchased the Montgomery Shoshone mine for between 2 and 6 million dollars. 1907 The Montgomery Shoshone mine is processing 300 tons of ore each day at its new mill including a crusher, 3 huge rollers, over 12 cyanide tanks and a reduction furnace. • The ore brings $16,000 in gold per ton ($450,000 in early 21st century dollars).
  In 1907 gold was worth $20 per ounce. That means they extracted 800 ounces of gold per ton. That's $2,000,000 per ton in today's dollars based on $2500 per oz gold. Astronomical and unthinkable based on 1 gram plus per ton expected with higher grade deeper at the red hill being explored. Since the red hill Arizona Gold & Silver will be drilling is known as a Rhyolite flow dome the deeper results of drilling could be surprising.
https://lasvegasareatrails.com/rhyolite-ghost-town-death-valley-nevada/

Pictures of the Montgomery Shoshone mine indicate they mined the high grade ore under a Rhyolite flow dome or what appears to be as the town was named after the Rhyolite hill that was the mine center. https://ca.images.search.yahoo.com/yhs/search?p=Montgomery+Shoshone+Mine+pictures&fr=yhs-trp-005&type=Y149_F163_202167_081020&hspart=trp&hsimp=yhs-005&imgurl=https%3A%2F%2Fdeathvalleyhotels.com%2Fwp-content%2Fuploads%2F2015%2F05%2FMontgomery-Shoshone_mine_panorama_full_size-1170x190.png#id=0&iurl=https%3A%2F%2Fdeathvalleyhotels.com%2Fwp-content%2Fuploads%2F2015%2F05%2FMontgomery-Shoshone_mine_panorama_full_size-1170x190.png&action=click