A Historic Past Producing High-Grade Gold Project
The Loman Project is within the Walker Lane shear zone, a 100-kilometre-wide structural corridor extending in a southeast direction from Reno, Nevada, located 18 miles southeast of Hawthorne, NV, along U.S. Highway 95. The project has excellent year-round access and infrastructure within Mineral County, one of Nevada’s most pro-mining counties.
The project consists of 30 unpatented mining claims (600 acres) covering several past producing small-scale high-grade gold and copper mines, altered and mineralized zones discovered by previous geological compilations and mapping of the historical workings.
The property is located adjacent to New Range Gold Corp’s Pamlico project and near several past-producing mines, including the Bodie, Aurora, Borealis, Evening Star, Mabel, Mindoro and Camp Douglas Mines. Held by private interests for most of its history, Garfield Flats remains significantly underexplored with exceptional potential for discoveries on several exploration targets with multiple zones.
Historical sampling on the project has revealed the presence of copper, bismuth, antimony, and pervasive lower grade gold mineralization, cut by vein structures (some previously mined) of higher-grade gold. Previous induced polarization surveys also denoted the presence of significant coincident I.P. anomalies. These factors clearly demonstrate the potential of this relatively unexplored project for the discovery of significant gold mineralization.
The Loman Project has undergone two distinct periods and styles of mineralization. The first period of mineralization is interpreted to be associated with the older Triassic-Jurassic-aged rocks. The second period of mineralization at the project is interpreted to be the result of a Tertiary-age, High Sulfidation Epithermal type, precious metal-bearing, hydrothermal system. This younger, rhyolite-hosted mineralization is quite similar to the mineralized rocks that are described at the Pamlico mine located 2.5 miles (4 km) NW of the project.
Previous Exploration on the project has identified the several discrete zones of mineralization. These include: i.) the Lazy Man (LM) gold zone which is a structurally-controlled, intrusion-related gold deposit. ii.) A large area of barite and copper mineralization with intense bleaching east of the LM gold zone. iii.) Strong copper showings to the southeast of the gold zone. iv.) The Loman antimony mine to the southwest of the LM gold zone, including Skarn zones to the west of the LM gold zone. v.) A large zone of strong IP response pyrrhotite and porphyry intrusion west of the LM gold zone.
Based on previous historical exploration completed on the project, the Loman Project is a district-scale mineral system three miles (4.8 km) E-W and two miles (3.2 km) N-S comprising a collection of the geographically and mineralogically distinct zones of strong alteration with base and precious metal mineralization listed above.
LOMAN PROPERTY HIGHLIGHTS
Large land position consisting of 30 claims (600 acres) in one of Nevada’s historical highest-grade mining districts.
Located Adjacent to New Range Gold Corp’s (TSX.V: NRG) Pamlico Gold Project new discovery
Minimal modern-day exploration in district currently actively being explored.
In close proximity to several past producing mines including the Bodie, Aurora, Borealis, Pamlico, Evening Star, Mabel, Mindoro and Camp Douglas Mines.
Held by private interests for most of its history, Garfield Flats remains very underexplored.
Small scale high-grade production history of gold and copper within property
Exceptional potential for new discoveries on several exploration targets with multiple zones.
Excellent infrastructure in place with year-round access.
Located in mining friendly Nevada, within the Walker Lane Shear Zone.