PROJECTS


TALAPOOSA, NV PROJECT

Project History


 

  • Discovered in 1863 by prospectors working outwards from the nearby Comstock Lode near Virginia City
  • Historic Production 7,500 ozs Au, 100,000 ozs Ag from small-scale underground developments
  • 586 drill holes, 28,000 ft (91,000 meters) in total (Figure 3)
  • 1996 – Fully permitted and engineered for 10,000 t/d open pit heap leach operation.  Development halted due to low gold price prevailing at that time.
  • 2010 – 2014 — Gunpoint Exploration advanced project through metallurgical studies, and NI 43-101 resource calculation
  • Preliminary Economic Assessment anticipated in Q2 2015 based on current resource and historic engineering and permitting

 

Talapoosa