Followers | 272 |
Posts | 15414 |
Boards Moderated | 0 |
Alias Born | 08/23/2008 |
Monday, July 14, 2014 7:04:30 PM
Walker Lane Exploration, Inc. has
entered into agreements with the claimholders to acquire or lease three additional mineral
exploration projects. The McCracken, North Rawhide (50% interest) and Alamo Projects are
intended to round out the Company’s claim position along a trend of up to 30 miles that runs
north / south on both sides of the Buckskin / Rawhide Detachment Fault. From north to south,
the Company’s claim position along this trend will be comprised of McCracken, Potts
Mountain*, Ester Basin*, North Rawhide, Alamo, Silverfield* and Clara*.
*Already owned by The Company.
Past outcrop and dump sampling by the claimholders at all of these properties, which may or
may not be reliable, indicated the following average grades for all samples: Gold - .08 oz. /T;
Silver - .8 oz. /T and Copper – 1.0%.
McCracken Gold
The McCracken gold project is centered on a prominent outcrop one mile east of the McCracken
silver mine, after which the project is named. The outcrop, called “Copper Cliff” after its copper
oxide staining, is a breccia zone containing amethyst, copper and gold averaging approximately
0.1 ounce per ton. The McCracken silver mine (which is not owned by the Company) was one of
Arizona’s premier silver producers, and is presently owned by Teck Cominco. The Copper Cliff,
which contains an adit and shallow shaft from previous mining, was to have been mined for gold
when Arizona Silver last operated the McCracken silver mine during the 1980’s; However, as a
gold deposit, it was not a priority for Arizona Silver. Once the price of silver went down,
Arizona Silver shut down, leaving the Copper Cliff largely unmined.
Maybacks Global Entertainment and ZEASN Technology Private Ltd. Sign Global Licensing Agreement • AHRO • Aug 8, 2024 7:00 AM
SANUWAVE Will Host a Conference Call on August 13, 2024 at 8:30 AM (ET) to Present Q2 Financial Results • SNWV • Aug 8, 2024 6:59 AM
Kona Gold Beverage Inc. Signs Letter of Intent with Bemax, Inc. to Sell Kona Gold, LLC • BMXC • Aug 7, 2024 10:00 AM
Btab Ecommerce Group, Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • BBTT • Aug 7, 2024 9:00 AM
Hydromer, Inc. Announces Preliminary Unaudited Second Quarter 2024 Financial Results and Provides Business Update • HYDI • Aug 7, 2024 8:52 AM
North Bay Resources Announces Mt. Vernon Gold Mine Startup, Sierra County, California • NBRI • Aug 5, 2024 9:00 AM