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.
Pequop Gold-Copper Trend:
Battle Mountain-Eureka Trend:
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.
A substantial amount of geologic and geochemical data and some drilling data is present from previous explorations. These data include:
Three targets have been identified on the property.