The Washiki prospect is a potentially large Carlin-type exploration play located on the southwest extension of the Getchell Trend.
The Washiki prospect is located approximately 30 miles south of Winnemucca and consists of 62 unpatented claims on BLM managed land.
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The Nacimiento property is a past-producing mine with an estimated 128 to 191 million pounds of copper resource in the ground; most of this mineralization occurs on the unpatented claims. Average grade of this material ranges from 0.5% to 0.7% copper. The deposit is a ‘redbed copper’ type occurring in the Agua Zarca sandstone member of the Triassic Chinle Formation. Copper occurs dominantly as chalcocite, which replaces carbonaceous material in permeable fluvial channels. Silver up to 11 ppm, and less common pyrite, chalcopyrite, and bornite are also present in the system. The oxidized zone contains copper oxides, including chrysocolla, malachite, and azurite.
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The Gold Gulch Cu-Au property is located in the Morenci Mining District approximately two miles southwest of Freeport McMoran’s open pit copper mine in Greenlee County, Arizona. Southwest Exploration Group (Thornwell Rogers, Dan Laux and Sheila Pawlowski) control the Gold Gulch property with two state-prospecting permit encompassing 960 acres.
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The Coyote Springs property located in southeastern Arizona has excellent potential to discover a large tonnage Cu-Mo+Au porphyry target based upon an untested, strong IP anomaly and potassic alteration associated with pyrite-chalcopyrite mineralization within Laramide andesites and intrusives. The Coyote Springs property is situated at the favorable structural intersection of the northeast trending Morenci-Safford lineament and the west-northwest extension of the Safford porphyry copper and gold belt.
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The Mine Wash property is an untested, high sulfidation Cu+Au system. The property consists of 5+ square miles of claims located on the northwest end of the Safford mining district, which according to the U.S. Geological Survey, is the largest undeveloped porphyry copper district in the world. The total open pit, leachable/sulfide, copper reserves in the Safford mining district is between 3 to 5 billion tons.
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