The Squaw Creek property is located 42 miles due north of Battle Mountain, Nevada and lies between the Midas and Ivanhoe mining districts on the northern portion of the Carlin Trend, six miles north of the Dee Mine in the Lower Plate Bootstrap Window.
Strongly anomalous gold mineralization has been consistently intersected in drill holes over an area 3 miles long by 1 mile wide.
The gold occurs within silicified and brecciated zones often more than 100 feet thick in Paleozoic sedimentary rocks of the Upper Plate and in overlying Miocene age volcanics. Thick zones of Carlin-style gold mineralization are also hosted within silty dolomitic sediments which may be part of the Rodeo Creek Formation indicating the presence of nearby auriferous Lower Plate host rocks.
The principal target on the property is a Carlin-type disseminated gold deposit hosted in carbonate rocks within and below the Rodeo Creek Formation which hosts significant gold reserves at some of the mines within the Carlin Trend.
Geological Reports prepared on behalf of ODE regarding the New Pass and Squaw Creek gold properties located in Nevada were accepted for filing by the TSX Venture Exchange and subsequently were SEDAR filed by ODE on January 21, 2005.
Significant drill intercepts from previous drilling by WKR include:
|Drillhole||Length (feet)||Gold (oz/ton)|