The Mohave Gold Project has excellent potential to be a low CAPEX, open pit heap leach gold mining operation. The Project covers 1,177 ha in the Black Mountains, Mohave County, near the town of Kingman in mining-friendly Arizona. Situated in the Weaver Mining District, Mohave has seen limited small-scale mining and exploration activity by mostly private companies since the late 1800s until 1995. Exploration and detailed shallow (< 50m) air-track drilling of over 600 holes was completed from 1980-1995 in preparation for a small-scale open pit/heap leach operation that never went into production but left important infrastructure at site. Historic drilling and development has focused on the northern half of the property, with an investment estimated at US$12,000,000. Significant potential exists in the southern half of the Project where gold-in-soil anomalies remain untested. Widespread gold mineralization at surface has been identified during extensive rock chip sampling programs most recently completed by M3 Mining in 2020 and by BMG in 2021. The Company has also completed airborne geophysics (MAG, RAD) and an Induced Polarization (IP) survey over the northern half of the Project. Data from both geophysical surveys will be compiled with the exploration database in preparation for a 5,000m drill program in 2022.
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