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Gunpowder Gold Corp (fka GUNP) RSS Feed

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Created
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Type
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 Dome Rock Property 

Gunpowder holds a 100% option on 1,280 acres on the Dome Rock property, consisting of 62 unpatented mining claims in the Dome Rock Mountains in the north-west area of the State of Arizona, in the fairway of the world famous Walker Lane Gold Trend. The Walker Lane has historically produced over 50 million oz of gold and 400 million oz of silver. 

Dome Rock lies in the historic Plomosa District, 5 miles north of the town of Quartzite, Arizona and approximately 150 miles southeast of Las Vegas, Nevada. This region's Lode and Placer gold has been heavily sought after since the 18th century, and based on historical records and data from former claim holders, the Company believes this property has the potential to host a significant gold find. 


Exploration History of the Dome Rock Mountains 

The history of mining in southwest Arizona extends back to the times of the early Spaniards in the Americas. Later, when the pioneers came to the region they found many old mines and prospect pits. Evidence of mining activity has been found throughout the Plomosa Mountains, Dome Rock Mountains, the Castle Dome area, and also present-day Ehrenberg. The discovery of gold placers in the Gila Mountains opened the door for American prospectors who scoured the mountains and deserts of Arizona in search of mineral wealth. The 1860's witnessed big strikes in the Bradshaw Mountains, Castle Dome Mountains, and Trigo Mountains. The La Paz District and the fabulous Rich Hill deposits were all discovered in the early 1860's. In 1894 the rich Fortuna vein was discovered on the west flank of the Gila Mountains, where the Fortuna Mine produced some $3 million in gold during its first decade of operation.

The placers in the La Paz district were discovered by Captain Pauline Weaver in January 1862, when he panned a small amount of gold from a gulch called El Arollo de la Tenaja in the Dome Rock Mountains. By 1866 the La Paz diggings had extended around the Dome Rock Mountains west of Jackpot and into Goodman Arroyo, Arroyo La Paz, Farrar Gulch, and over into Middle Camp and southward into the Orb Fino and La Cholla Placers. This sparked the beginning of the gold rush in the region, and led to about $1 million in placer gold recovered in the first year and another $1 million by 1864, which totaled about 96,800 ounces in the first 5 years. 



http://www.gunpowdergold.com/

GUNP Security Details
Share Structure
Market Value  $25,340,549 a/o Dec 23, 2011
Shares Outstanding 90,501,961 a/o Jul 05, 2011
Float Not Available
Authorized Shares Not Available
Par Value 0.001
With a market value of over $25,000,000, GUNP is over valued.

Share Structure
Market Value    $1,945,481           a/o Apr 27, 2012
Shares Outstanding   92,641,961 a/o Apr 05, 2012
Float Not Available
Authorized Shares  300,000,000
Par Value      0.001

Gunpowder Gold Corp. GUNP
OTCQB / Common Stock 
Contact Info
2200 Timber Rose Drive
Las Vegas, NV  89134
Phone: 702-250-4423


















Board of Directors and Technical Team


Michael Nott, President and Director 

Mr. Nott is an accomplished geologist with more than a decade of experience in both the hard rock mining and petroleum industries. His areas of geographical expertise cover both Australia and North America, including Alberta, Saskatchewan and Colorado. Mr. Nott's areas of specialty include advanced geological mapping and interpretation, and geophysical interpretation. He has worked as a geologist for leading companies such as Santos Ltd., Encana, and also the Alberta Research Council. 

Mr. Nott graduated from the University of New Brunswick with a Bachelor of Science degree in geology (1999) and is a member of the Association of Professional Engineers, Geologists, and Geophysicists of Alberta. 


Richard Kehmeier, Director 

Mr. Kehmeier is a Certified Professional Geologist with nearly 40 years of international experience in all phases of resource development for the mining industry. Mr. Kehmeier is currently a Senior Geologist for Vector Engineering Inc. in Golden, Colorado. During his career he has held such positions as Vice President of Exploration at Gold Reserve Corp and Atlas Corporation and has worked for companies such as Union Carbide and Anaconda. He is responsible for the discovery of nearly 15 million ounces of gold in his career. Mr. Kehmeier graduated from the Colorado School of Mines with a Bachelor of Science in Geological Engineering and a Master of Science in Geology. He is a member of the American Institute of Professional Geologists, the Society of Economic Geologists, and the Geological Society of Nevada.


Dennis Lance, Director 

Mr. Lance is an exploration geologist with more than 40 years of domestic and international experience in base and precious metals exploration. Mr. Lance has an extensive background both in field and management positions, and has worked for such companies as Phelps Dodge Corporation, Houston Oil and Minerals and USMX Inc. For the past decade, Mr. Lance has acted as a geological consultant to mining exploration companies. Mr. Lance earned a B.A. in Earth Science from California State University, and attended Graduate School at the Mackay School of Mines (University of Nevada). 


 



 

 





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