Close

Rimrock Project

Nevada, USA – Rimrock Project

One of the largest gold producing districts in the world

Low political risk

Strong push for junior mineral exploration in the area due to major gold producers aptitude to acquire land/projects along mineralized trend

Ranked 1st out of 83 jurisdictions in Fraser Institute’s 2018 Worldwide Survey of Mining Companies for Investment Attractiveness

Rimrock Project – Regional Location

Project within the Elko Mining District of Nevada, near larger of cities of Carlin and Elko Two major gold trends in the district

Carlin Trend World class prolific area of Carlin Type (Sediment hosted) gold systems, with multiple mines having indicated resources of +20M oz of Au

Midas Trend Epithermal high grade gold with low sulfidation

Mineralization at Rimrock Project

Rimrock Project is a multi-target gold/silver system, with potential for shallow epithermal systems and deeper Carlin Type deposits

Epithermal systems (Hollister Style) are low sulfidation, high grade gold deposits, which are fault bounded in the upper geological sequences, with gold being piped up to the surface alongside mercury

Carlin Deposits are formed alongside the mudstone formation, surrounding the faults which have allowed for the extensive hydrothermal circulation

Rimrock Project – Regional Location

Rimrock Property proximal to previously operating mines

Hollister Mine (2 Million Oz of high grade gold)

Midas Mine (3 million Oz of high grade gold and 25 million oz of silver)

Rimrock Project – Regional Targets

Dilation Target

”Rhombochasm” Dilation Zone

Pipe-like structural zone interpreted to lie alongside major fault, with intersection of a small historic mercury mine

Mineralization proven in the shallow subsurface occurring in an epithermal system similar to Midas/Hollister mines

Ivanhoe Creek Target

Geophysically identified domal uplift of the Paleozoic Basement

Favourable for formation of Carlin type deposits

Rhombochasm Dilation – Regional Target

Geophysical defined Open Pit/Underground Midas-style gold & silver targets at surface and at depth

Several smaller regional faults within overall zone could host Midas-style gold-silver mineralization

Overall structural fault corridor measures approximately 100m wide and 2000m long, with geophysical anomalies favourable for hosting mineralization

Ivanhoe Creek – Regional Target

Within large scale NW-SE Carlin Trend

Domed anticlinal Paleozoic rocks outcropping at surface

Geochemical data from drill core samples display enrichment in tungsten associated with known gold/ silver mineralization, suggesting a Carlin Deposit feeder system at depth

Ivanhoe Creek Target

Geophysical data from the Ivanhoe Creek Area, identifying geological structures of interest, including uplifted basement block suggesting possibility for a Carlin deposit at depth

Drilling within target zone assayed up to 262 g/t silver and 1500 g/t tungsten

Rimrock Project – Exploration Plan

2020 Field Program

Exploration on large scale targets including

Detailed Geological Mapping

Geochemical Analysis of grab samples

3D Geological Modelling, defining drill Targets Diamond Drilling planned for Q2 2021, completing drilling on targets produced by 2020 Field Program