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Gold Jackpot Project

About Gold Jackpot Project

Gold Jackpot is a highly mineralized region with multiple outcrops that assay high-grade silver, gold, and tellurium. It is situated in the prolific Elko District in northeastern Nevada. This project spans 535 hectares and 64 consolidated claim packages. Gold Jackpot has had substantial historical exploration completed from the 1980s to early 2000s, in a market environment with substantially lower commodity prices. CAT Strategic believes that Gold Jackpot has a Porphyry Copper-Carlin-Style Exploration Model.

Gold & Copper Deposits in the Region

Pequop Gold-Copper Trend:

  • Long Canyon Mine: 105 km due south of Gold Jackpot with more than 3 million ounces of gold at more than 2g/t.

Battle Mountain-Eureka Trend:

  • Phoenix Copper-Gold Mine: world-class 15M oz intrusive copper-gold resource.

Getchell Trend:

  • Turquoise Ridge/Getchell Mine: 40 million oz hi-grade Carlin-style gold
  • Twin Creeks Mine: +25 million oz gold, large open pits, Carlin-style gold

Carlin Trend:

  • Carlin-Mike Cu-Bluestar-Exodus Mine: +25 million oz Au; local high-grade Copper orebodies.
  • Goldstrike Mine: +40 million oz gold
  • Texas Canyon prospect owned by Peloton Minerals, adjacent to the Gold Jackpot property

 

Regional Geology

Historical exploration in the region has shown high-grade Gold-Silver-Copper-Tellurium mineralization, results up to 16 g/t Gold by Barrick, to 239 g/t Silver, and higher grade Tellurium mineralization. High-grade outcrops of tellurium-bearing rock with values of up to 4Kg/ton. Our strategy in the Gold Jackpot project is focused on Porphyry-Diatreme style Cu-Au-Ag and Carlin-style gold-silver systems north of the Long Canyon Mine of Nevada Gold Mines LLC.

Gold Jackpot is hosted within faulted Paleozoic limestones and sandy to cherty sedimentary rocks, with dikes of quartz-feldspar porphyry cropping out in this area, suggesting a possible copper-gold-bearing porphyry system at an unknown depth. New ground staked show a discovered gold-silver bearing jasperoid that occurs in brecciated Paleozoic sedimentary rocks and could be associated with the porphyry copper-gold-silver system.

Historical Exploration

A substantial amount of geologic and geochemical data and some drilling data is present from previous explorations. These data include:

  • A geophysical overview of the project area was compiled by Wright Geophysics in 2006.
  • Additional work has been completed on the Property by Peloton Minerals.
  • 27 RC drill holes were completed by Goldfields and Tenneco from 1989-1990.  Only a small area was targeted and tested.  CAT has Tenneco maps and cross sections, but no Goldfields data.

Three targets have been identified on the property.

  1. Stag’s Leap
  2. Porphyry Cu-Au target
  3. Tellurium system with Au and Ag

 

EXPLORATION PROGRAM

  • Compiling of 3D GIS database from historic exploration to complete NI 43-101 report has already begun.
  • Geological mapping, geochemical sampling will be conducted.
  • Airborne and ground geophysics programs.
  • Drilling targets to be confirmed following analysis of the above results.