Gold Price:
$1185.90

East Camp Douglas

  • Land package comprised of 277 claims Plus 80 acres patented land, has been assembled over a number of years by GV consultants. This is the first opportunity to conduct a large-scale, district-wide exploration effort on the project.
  • Gold bearing lithic tuffs within high sulphidation system, in addition to low sulphidation Bonanza styled potential.
  • BLM land and patent land, Approx 5500 acres, i.e 8.6 sq mi. Low lease and work commitments, year round access and close to infrastructure

Note: The existence of gold and/or silver deposits at these nearby mines is not necessarily indicative of the mineralization at the East Camp Douglas Project

 

ECD Drill Hole Plot Plan, 2012 Exploration Program

 

Following a strategic decision by the board of directors to concentrate the Company’s management and financial resources on the Railroad-Pinion Project, the Company entered into a binding letter of intent in May 2014 to sell its entire portfolio of non-core early stage exploration assets in Nevada (being the East Camp Douglas, Crescent Valley North, Safford and East Bailey projects) to Tanqueray Exploration Ltd. (TSXV:TQY) (“Tanqueray”) for $150,000 cash and 60,000,000 pre-consolidated (20,000,000 post-consolidated) common shares of Tanqueray. Completion of the transaction is estimated to take place on or about February 28, 2015 and is subject to a number of conditions, including completion of a concurrent financing and regulatory approvals.