The North Bullion deposit is located in the northern portion of the Railroad property, centered on the 4th and southernmost dome on the Carlin Trend and was discovered by the Company in 2010. North Bullion exhibits all the classic characteristics of large, high-grade collapse breccia hosted gold deposits common on the Carlin Trend. Drilling to date continues to indicate that the North Bullion discovery is a significant sulphide refractory gold deposit that remains open in multiple directions. Further work, including additional drilling to expand and improve the confidence in the current mineral resource and to provide material for metallurgical work to characterize the North Bullion Deposit is warranted.
The Company announced its maiden NI43-101 compliant resource estimate for North Bullion in 2017 and plans to drill the extensions of the northwest mineralized zone identified in the 2017 drilling program in 2019. Three detailed seismic profile lines were completed in 2018 over the North Bullion Deposit zone and towards the north and will be used for refining drill targets over the extension found in 2017 as well as possible new targets to the north of the defined resource area under volcanic cover.