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Poker Game Lode Claims $13,000,000
The Poker Game lode claims are a set of seven claim blocks totaling 50 individual 20-acre mining claims along the central and southwestern portions of Slate Ridge, Esmeralda County. It is located within the Gold Point Mining District, which is noted for rich veins of gold and silver, as well as the base metal suites of copper, lead, zinc. The Poker Game lode claims strategically claim the mineral rights of historic and modern-day workings of the Gold Bug Mine. While several high-grade aureoles are claimed, the short-term prize on this claim group are two ore stockpiles on the Full House claim set totaling about 7,000 ton. Recon samples taken from the stockpiles range from 3.39 ppm to 40.3 ppm gold! There are several veins in the Poker Game lode claim block. They are separated into two principal blocks, The Upper Hand and The Lower Hand. The Upper Hand is mostly a set of gold bearing veins with a strong background in silver and base metals. It includes the Full House, Royal Flush, Straight Flush, Ace in the Hole and Wild Card claims, totaling 340 acres. It also includes the stockpiles from the former Gold Bug Mine. The Lower Hand is chiefly silver and zinc with strong components of copper and lead. It consists of the 25-claim Four Aces claim block, totaling 500 acres. There are several stockpiles from former workings scattered around the claim block. The Upper Hand The main vein on the Full House claim block was directly sampled twice, R-4 (15.8 ppm) and FH-3 (7.97 ppm). These were bulk channel samples across the vein. I suspect there are very rich pockets that caused the average to remain high. Samples R-1 & 2 and FH-5 & 6 were taken from the 20,000 ton stockpile. They range from 3.29 ppm to 40.3 ppm, which supports the aforementioned assumption about high-grade pockets in the main vein. We are encourage to think there is an average grade of 3-4 ppm or 0.10 OPT gold, which supports our stockpile potential worksheet numbers that would recover about 4,320 oz gold from the stockpile. Samples have been submitted for metalurgical testing. A plan for processing the srockpiles has been developed. There are other veins on the Poker Game that have high gold values, such as those on the Royal Flush claim block. On this claim block, we have four recon samples that retuned assays of between 4.35 ppm to 41.0 ppm (0.14 - 1.3 OPT) gold. The veins pop through fractures within a Cambrian Wyman Formation limey sandstone, which seems to be acting as a cap rock. Some gold mineralization appears to have disseminated into the sandstone, increasing the probability of a much larger deposit. The Lower Hand For more formation, please see our introduction to the project: Notation: Once a NDNC Agreementis signed, more information, including reserve estimates, can be provided. Each claim block comes with a completed Claim Staking Report that verifies the secured minerals position and includes discussions on access and methods, GPS corner and monument coordinates, and location certificates. Once a signed Terms of Agreement is consummated, payment is conducted through a bank wire transfer; information will be provided. Need us to stake some claims? Call us. List up-dated on December 10, 2012. . |
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