The Wildcat Deposit

The Wildcat Deposit is a resource stage gold-silver deposit located within the Farrell mining district in Nevada, located ~56km northwest of the town of Lovelock within Pershing County. The property can be accessed year-round from Lovelock via State Route 399. The ~17,600 acre land package consists of 916 unpatented claims and 4 patented claims. The unpatented claims are publicly owned lands administered by the U.S. Bureau of Land Management (BLM). The mineralization at the Wildcat Deposit consists of gold-dominated, low sulfidation epithermal veins and disseminated oxide and sulphide mineralization hosted in volcanic-and intrusive-rocks. An updated mineral resource estimate and Preliminary Economic Assessment were released in June 2023.

To read the NI 43-101 Technical Report Preliminary Economic Assessment click here.

Mineral Resource

Category Tonnes
Gold Grade
Silver Grade
Gold Ounces
Silver Ounces
Measured - - - - -
Indicated 60.0 0.39 3.34 746 6.4
M&I 60.0 0.39 3.34 746 6.4
Inferred 22.5 0.29 2.74 210 2.0

1. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.

2. William Lewis, P.Geo, and Alan S J San Martin, AusIMM(CP), of Micon International Limited have reviewed and validated the Mineral Resource Estimate for Wildcat & Mountain View. Both are independent “Qualified Persons”, as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”).

3. The estimate is reported for open-pit mining scenario and with reasonable assumptions. The cut-off grade of 0.15 g/t Au was calculated using a gold price of US$1,800/oz, mining costs vary from US$1.5/t to US$2.4/t (depending on material type and project location), processing cost of US$3.1/t and US$3.7/t, G&A costs of US$0.4/t to US$0.5/t, and metallurgical gold recoveries varying from 30% to 86%. Gold equivalent in the Resource Estimate is calculated by g/t Au + (g/t Ag ÷ 77.7).

4. Rounding as required by reporting guidelines may result in apparent discrepancies between tonnes, grades, and contained metal content.

5. The estimate of mineral resources may be materially affected by geology, environment, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues.

6. Please reference the NI 43-101 Technical Report Preliminary Economic Assessment for the Wildcat and Mountain View Projects, Pershing and Washoe Counties, Nevada, USA with an effective date of June 28, 2023.