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Friday, November 01, 2013 8:51:50 AM
The “White Hills” Gold Explorat
ion Properties are primarily located about five miles south of
the town of White Hills in Mohave County, Arizona
. White Hills is the first town in Arizona
south of the recently completed Hoover Dam Bypass, and is about 1 ½ hours’ drive from Las
Vegas, Nevada, the closest major city. Highw
ay 93, the major highway linking Las Vegas and
Phoenix, Arizona, runs through White Hills. All
necessary supplies and labor can be obtained
from Las Vegas or from Kingma
n, Arizona, which is located about
40 miles to the south. The
climate is high desert, with hot summers, o
ccasional snow in the winter and very low
precipitation.
White Hills was one of Arizona’s la
ter boom towns, with the original
discovery of silver made in
1892 as a result of rock samples found by
Native Americans. Between 1892 and 1898, over
$12,000,000 of silver and gold was mined from the Wh
ite Hills silver mines (close to $1 Billion
at 2013 commodity prices). Then
the silver mines were closed
due to flooding. A few years
later, gold was found south of White Hills, a
nd approximately 15,000 ounces of gold were mined
from 1903 to 1907 from four separate mines, w
ith an average grade of from 0.5 to 1.0 ounces
gold per ton. With the financial Panic
of 1907, most mining in the district ceased.
Of particular interest is the Ha
ll Mine because of its record of production of high grade gold ore.
The Hall Mine produced about 2,500 ounces of gol
d between 1903 and 1910 at grades averaging
1.0 ounce gold per ton. The mine was reopened
during the 1930’s, when the increase of the
official U.S. gold price to $35 per ounce from
$20 per ounce stimulated gold mining during the
Great Depression. Ore from the Hall Mine duri
ng this period was reported to run from 1.25 to
2.04 ounces gold per ton and 7 ounces
silver per ton. The project ve
ndor’s assay of grab samples
from the remaining Hall Mine dumps has r
un as high as 2 ounces gold per ton.
“White Hills” will comprise 1,840 acres of st
aked mining claims on BLM lands and mineral
rights. The land position covers the Hall Mine, as well as five (5) additional mines, three of
which have past reported gold pr
oduction. The working geologica
l hypothesis of the two Major
Mining Companies that did work he
re in the 1980’s was that the gold mineralization is related to
a detachment fault that runs through the area.
Since important gold mineralization has been
encountered in the lower plate of pre-Cambrian gne
iss, there is the potential that gold values may
persist at depth. The agreement with the projec
t vendors requires (and closing is subject to) the
Company’s funding the location of
82 additional mining claims in the vicinity of the existing
claims covering certain areas that appear to be
prospective for detachment fault mineralization
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