GNCC Capital Inc (GNCP)

[TheFutureForsure]

GNCP - The 3rd Party is Searchlight Exploration and from the Agreement from the Sept 30th 2015 Filing GNCP has the Right to Request the TRANSFER of TITLES of Many Many Claims Being HELD by This Very Same 3rd Party, as well as the BAUMANS and others!!!!!!!

As Per The FILING BELOW:

https://backend.otcmarkets.com/otcapi/company/financial-report/222039/content

Pages 263-264

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GNCC CAPITAL, INC.
(An Exploration Stage Company)

MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

{{{{{{ Transfer of Titles }}}}}}}

{{{{{{{{ GNCC Capital, Inc. (“The Company”) on all and/or any of its Mining Exploration Properties may obtain the Title to the Property which shall be transferred to the Company only upon completion of each and every one of the following conditions:

(a) The completion of a "positive" feasibility study for the Property,

(b) The making of an affirmative production decision for the Property by Company's and any parent corporation's Boards of Directors and

(c) Presentation to Claimholder of evidence satisfactory to Claimholder that Company has obtained the financing necessary to develop and operate the Property. Unless there is an uncured default by the Company that is continuing, Claimholder shall deliver to Company, within 5 (five) business days of the notice of satisfaction of the conditions set forth in the previous sentence, a special warranty deed in form satisfactory to Company transferring title to a 100% (One hundred percent) interest in the Property, and reserving to Claimholder the net profits interest ("NPI") in production from the Property and the net smelter returns royalty ("NSR"). Company shall promptly record said deed with the County Recorder and with the Arizona State Office of the Bureau of Land Management. }}}}}}}}}

{{{{{{ Following transfer of title to the Property, Company shall pay to Claimholder (i) the Claimholder's Net Profits Interest (“NPI”) and (ii) the Claimholder's Net Smelter Return (“NSR”) royalties. }}}}}}

{{{{ Company's obligation to make payments shall cease to accrue on the first to occur of (i) completion by Company of mining operations, residual leaching and reclamation in the Project Area or (ii) other decision of Company to terminate operations in the Project Area and, if Claimholder so desires, to re-convey the property to Claimholder once reclamation and other environmental obligations have been satisfied, although this provision shall not relieve Company from its obligation to make payments that accrued prior to such occurrence.}}}

“Friends With Benefits” lol

From the JUNE 30TH FILING BELOW:

https://backend.otcmarkets.com/otcapi/company/financial-report/225256/content

{{{{{{{{ The business of the Mining Exploration Properties }}}}}}}}

{{{{{{{{ are conducted through }}}}}}}}}

{{{{{{{{ arrangements }}}}}}}}

{{{{{{{{{{{{{{ with }}}}}}}}}}}}}}

{{{{{{ Searchlight Exploration, LLC. }}}}}}}

The Work Expenditure Commitments are as follows and per annum:

“Pearl Spring - $50,000; and
“East Belmont” - $100,000; and
“Yarber Wash” - $50,000; and
“McCracken” - $50,000; and
“White Hills” - $70,000

The Company is responsible for all BLM payments in respect of these Properties.

Here is just 1 proof of ownership via Thediggings.com

All one has to do is their DD!!!!!!

McCrackin Under GNCP Arrangement with SEARCHLIGHT EXPLORATION!!!!!!!!!!!!!!

https://thediggings.com/mines/amc440323

Here Are ALL of Our GOLD & SILVER MINING PROPERTIES!!!!!!!!!!!!!!!!!!!!!!!!!!

In BLACK and WHITE!!!!!!!!!!!!!!!!!!!!!!!!!!

NOTHING CAN DISPUTE THESE CLAIMS!!!

WE ARE PARTNERS WITH SEARCHLIGHT

From the JUNE 30TH FILING BELOW:

https://backend.otcmarkets.com/otcapi/company/financial-report/225256/content

A brief description of these Properties:-

Tonopah / East Belmont
Tonopah is a well-known central Nevada bonanza silver mining district discovered in 1900. Second only to the Comstock Lode in Nevada silver production, Tonopah and nearby Goldfield have together been credited with restoring Nevada’s mining industry in the 20th Century. Tonopah is located midway between Las Vegas and Reno, Nevada and is conveniently accessed by US Highway 95 and US Highway 6. Utilities are readily available and electric transmission lines traverse the property.

The East Belmont property is comprised of seven 20 ac unpatented lode mining claims located east of the Halifax Fault in the eastern part of the Tonopah mining district. The East Belmont claims were located based on a manganese anomaly reported from sampling by the Nevada Bureau of Mines and Geology; anomalous surface manganese at Tonopah has been correlated by some with precious metals mineralization at depth. While the property is dotted with prospect pits and shallow shafts, there is no evidence of drilling, which would be necessary to test the theory that the silver mineralization continues east of the Halifax Fault.

The Tonopah Mining District is on the north side of a volcanic center of middle Miocene age, and the geology consists of volcanics and volcanoclastics. Ore deposits are generally confined to the Mizpah Trachyte although ore has been found in other volcanics such as the Fraction Breccia. Ore deposits in the central part and eastern parts of the Tonopah District are in steep replacement – type veins up to 40 feet wide that had assay walls and followed faults or joints in the host rock. Flatter veins are more prevalent in the western part of the district.

Total recorded production for the Tonopah District from 1900 to 1950 was 8,800,000 tons of ore, from which 1,861,000 ounces of gold and 174,153,000 ounces of silver were recovered with a total value of $147,564,015. The historically productive part of the Tonopah Mining District is egg-shaped, with an axis that is roughly East / West. The ore dome outcropped in the center of the district and was centered on the Tonopah fault area. The ore zone was cut off and down-dropped to the west by the Ohio Fault in the vicinity of Brougher Mountain. To the east, the ore-bearing zone was thought to be cut off by the Halifax Fault, which runs roughly North / South a few hundred feet west of the

Halifax Mine.
Much effort has been made to find a continuation of the ore zone west of the Ohio Fault. It appears that less effort has been expended to find a continuation of the ore zone east of the Halifax Fault. Searchlight Exploration believed that this area is underexplored, and thus assembled the East Belmont land position there to the east of the Halifax and

Belmont Mines.
This project could benefit from the use of ground penetrating radar to locate potential drillsites, in conjunction with standard geochemical and geophysical technology.
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Pearl Spring
The Pearl Spring property is located in Esmeralda County, Nevada, approximately 20 miles from Tonopah. The mining claims are located northeast of the Silver Peak Mining District and south / southeast of the Lone Mountain / Weepah Mining District. It may be easily accessed from Pearl Spring Road north from paved Silver Peak Road. Silver Peak is an active mining area, with Scorpio Gold Corp.’s Mineral Ridge Gold Mine and Rockwood Lithium’s lithium brine production facility (the only United States domestic lithium producer). Supplies may be purchased at nearby Tonopah, and miners are available locally given the presently operating mines in the area. There are at least four mine shafts and several additional adits on the property’s two contiguous 20 ac lode mining claims.

The Pearl Spring property is located in an area bordered by the Silver Peak Mining District to the south. The Silver Peak Mining District is underlain by Paleozoic sedimentary rocks intruded by Cretaceous (?) alaskite. Ore deposits are veins in which ore is in overlapping quartz lenses. The gold is finely disseminated in the native state and occurs in pyrite and galena scattered through the quartz. While the Silver Peak Mining District has mostly produced gold, some rich silver ores occur in the deposits. This district was discovered in 1863 and produced an estimated $1,418,000 of gold, silver and lead to 1907 and about $7,000,000 from 1907 to 1922. The nearby Mineral Ridge Gold Mine historically produced 575,000 ounces of gold. Mineral Ridge reopened in 2012 and is producing 40,000 ounces of god per year, and reports probable resources of 2,137,120 tons at a grade of 0.061 ounces gold / T (1131,190 ounces gold) and indicated resources of 2,697,500 tons at a grade of 0.059 ounces gold / T (160,300 ounces gold).

{{{{ It is GNCC’s premise that the potential exists for a similar resource in the Pearl Spring claim area.}}}}

The Lone Mountain Mining District is located north of the Pearl Spring property. The Weepah Mining District is northwest of the Searchlight Claims; Weepah is considered to be a part of the Lone Mountain Mining District. Total production from the Lone Mountain District is estimated to be approximately $3,500,000 in gold, silver, lead and turquoise. Of this amount $1,615,037 of gold was produced at Weepah between 1935 and 1939. Weepah was actually the site of the last major "gold rush" in Nevada following the discovery in 1927 by two 19 -year old boys of gold ore that assayed over $75,000 per ton gold. In the Lone Mountain district, complexly folded and faulted sediments ranging in age from PreCambrian through Ordovician had been intruded by granitic plutons of Cretaceous to Tertiary age. Most mineral occurrences in the Lone Mountain district occur in metamorphosed sedimentary rocks within the contact aureoles of the various intrusive bodies.

Mineralization at this property is found in shear zones in the basal member of the Cambrian Harkless Formation, which is a dominantly green siltstone. There are hydrothermal quartz veins with oxidized pyrite. The host rock is thinly to thickly bedded spotted phyllites and schists, interbedded with quartzite. These rocks are intruded by prominent felsic aphanitic rhyolitic and quartz porphyry dikes. The quartz veins associated with the shear zones are highly sheared and fractured (crushed). Vugs are coated with euhedral quartz crystals, with abundant iron and manganese stains. Sericite alteration is associated with quartz and host rocks along the shears.

{{{{{ GNCC was encouraged by the results of Searchlight’s initial sampling program, which was comprised of nine (9) grab samples from mine dumps located along the vein system. All of the samples had detectable gold and silver. One sample from the dumps of the South Shaft assayed a bonanza grade of 161.8 ounces silver per ton. Another sample from the North Shaft dumps assayed 0.164 ounces gold per ton. Three additional samples assayed at over 2 ounces silver per ton and two more samples assayed over .01 ounces gold per ton. A geochemical sampling program is recommended in order to identify potential drill targets.}}}}
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McCracken
The McCracken project is located in Mohave County, Arizona approximately 60 miles south of Kingman. The original McCracken silver mine (which is not owned by the Company) was one of Arizona’s premier silver producers, and is presently owned by Teck. However, the Company’s Stonehouse Mine, which border’s Teck’s property to the east, is believed to have similar mineralization with numerous anastomosing 0.3 to 3 cm thick veins, locally amalgamated into 1-2 m thick veins, including stockwork and crackle breccia. Quartz is the dominant vein material, with barite and minor argentiferous galena, fluorite, silver halides, manganese oxides and sparse hematite. There are vugs of amethyst, manganese oxide and calcite replacing barite.

The project also has gold potential, centered on a prominent outcrop one mile east of the McCracken silver mine, called “Copper Cliff” after its copper oxide staining. The Copper Cliff mine workings are located on a breccia zone containing amethyst, copper and gold averaging approximately 0.1 ounce per ton. 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 under lease from Teck during the 1980’s; However, as a gold deposit, it was not a priority for Arizona Silver, with the result that the Copper Cliff appears largely unmined.

The regional geological setting is a major east / west detachment fault (called the “Buckskin / Rawhide Fault”). Striking northwesterly from this detachment fault for approximately 15 miles is a high angle fault (called the “Sandtrap Wash Fault”), which may have localized mineralization associated with the major detachment fault. Mineralization is found in quartz veins and breccia zones hosted by the upper plate in close proximity to the Sandtrap Wash Fault. In most cases the upper plate country rock is preCambrian granite or gneiss.

Yarber Wash
The Yarber Wash silver property is located in the Yarber Wash Mining District, Yavapai County, Arizona. The closest city is Prescott, Arizona. There are several shafts and adits, 65’ to 285’, located on one 20 ac unpatented lode mining claim.
Underground and dump samples have ranged up to 35 oz / T silver and .6 oz/T gold. Average silver grade is of economic interest at over 9 oz/T. Base metals values are also significant (Cu up to 1.7%; Pb up to 4.6% and Zn up to 2.5%). There are a number of 3’ plus veins on the property.
Searchlight Exploration has done reconnaissance sampling resulting in the above assays. The property does not appear to have been drilled in the past.

White Hills
The White Hills Property is located 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 1/2 hours drive from Las Vegas, Nevada, the closest major city. Highway 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 Kingman, Arizona, which is located about 40 miles to the south. The climate is high desert, with hot summers, occasional snow in the winter and very low precipitation.

White Hills was one of Arizona’s later 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 White 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, and approximately 15,000 ounces of gold were mined from 1903 to 1907 from four separate mines, with an average grade of from 0.5 to 1.0 ounces of gold per ton.
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{{{{ GNCC’s current focus is on some promising outcrops southwest of Mount Perkins that were discovered during 2014. The grades are encouraging (0.128 OPT gold at the North outcrop and .037 OPT gold at the South) outcrop. While the claim vendor did not assay for silver, GNCC will also evaluate any silver potential on these claims given the bonanza silver production by the original mines at White Hills.}}}}

$$$$$$$ GOLD STANDARD COMING & GNCP GOT DA GOLD & SILVER $$$$$$$