The Lone Mountain Zinc project is located within the Battle Mountain-Eureka Trend of Northern Nevada.
56 km long mineralized trend containing both multi-million ounce sedimentary-hosted (Carlin-type) gold and several significant Pb-Zn-Cu-Au-Ag deposits.
The mineralization in the Eureka District was among the first of the large replacement deposits in limestone or dolomite to be mined extensively in the Western US.
Mineralization in the district is considered to have been originally deposited as sulfides and then subsequently oxidized by circulating ground water.
Lone Mountain Project comprises 200 contiguous unpatented lode mining claims and one patented claim covering over 4,000 acres.
The past-producing Mountain View Mine is located on the patented mining claim that forms part of the Lone Mountain Project.
Historic Mountain View Mine produced high-grade direct shipping ore.
~ 5 million lbs of zinc
Mineralization is near surface high grade zinc carbonate-oxide (smithsonite and hemimorphite) with only minor lead mineralization.
Mineral Resources have been constrained within an optimized pit shell.
Coherent zinc geochemical targets still mostly untested.
CSAMT geophysics defines main structural target for at least 3km.
Drilling has tested the mineralization from surface to depths of 290 meters.
Drilling program: 85 RC drill holes and 13 core drill holes from 2014-2017. 12,234 meters of RC drilling, and 2,082 meters of core drilling.
Highlights: Hole LM-14-27, 9.58% Zn over 118.87m, including 27.82% Zn over 15.24m.
Completed NI 43-101 inferred Resource Estimate. Open pit constrained 3,257,000 tonnes grading 7.57% Zn and 0.70% Pb (NI 43-101 Initial Mineral Resource Estimate and Technical Report, P&E Mining Consultants Inc. Report 342, July 22, 2018).*
No drilling to test for deep zinc sulfide mineralization completed to-date. Mineralization remains open for significant expansion.