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The Silver Bow property consists of 102 leased, unpatented claims and 1 patented claim spanning 2,060 acres. The property is easily accessible by road and hosts at least 10 known untested targets in an extensive Low Sulphidation Epithermal Vein / Stockwork system.
These targets are well developed with sampling and mapping, including some with historic drilling results. Multiple surface grab assays from previous work programs featured up to 230 g/t Au. Surface geology indicates high grade veins are present within a broad gold halo (200-300ft+ wide) within breccia's, both close to surface. Historical drilling and sampling did not adequately test these targets and the high-grade surface results remain untested. The ridge areas have never been drilled.
Target areas prioritized:
Other targets:
In addition to the gold prospects there are multiple silver targets on the property, including surface grab assays up to 7,300 g/t Ag.
The project is hosted in Tertiary volcanic tuffs and dacite flow domes. Located in center of a caldera setting with E-W structural wrench fault system, a very large epithermal system with fracture controlled gold deposition and very high-grade gold/silver quartz veins including widespread gold and silver mineralization located on NW and EW structures adjacent to, and within subaerial intrusive rocks.
A limited shallow drilling program was conducted on the White Horse patented claim because no permitting delay was involved. The initial Blue Horse drilling intersected mineralized material that is open-ended and needs follow-up.
Silver Bow presents several promising drill targets that are listed below. The strongest of these targets are on twin rhyolite flow domes on the western part of property. The first of the flow dome targets is the boiling zone of surface-exposed vein complexes that stretch northwestward across the north dome. As in other places in Nevada, these boiling zones could host a high-grade gold and silver system. The second and third targets are two large surface-exposed volcanic breccia areas. The first stretches across the north face of the north dome, with numerous multi-gram surface gold samples. The second is an extensive breccia area across the top of the south dome.
Phelps Dodge Drill Hole Data of Breccia Target (located north and separate from vein target):
RC Hole # | Interval | gms Au | Gms Ag | |
93-21 | 67.7m | 0.13 | 5.9 | |
incl | 9.7m | 0.22 | 12.9 | |
incl | 3.2m | 0.23 | 16 | |
93-22 | 82.2m | 0.14 | 13 | |
incl | 4.8m | 1.03 | 75.8 | |
incl | 38.7m | 0.35 | 21.3 | |
incl | 43.5m | 0.14 | 5.6 | |
93-23 | 45.2m | 0.22 | 6 | |
incl | 16.1m | 0.35 | 12.8 | |
incl | 19.4m | 0.16 | 6.5 |
Phelps Dodge Drill Data – Breccia Target (located outside the primary vein target):
RC Hole # | Interval | gms Au | gms Ag | |
93-14 | 129m | 0.15 | 4.5 | |
incl | 4.8m | 0.41 | 6.7 | |
incl | 9.6m | 0.42 | 20 | |
11.3m | 0.12 | 2 | ||
1.6m | 1.44 | 0.6 |
Phelps Dodge Data:
RC Hole # | Interval | gms Au | gms Ag | |
93-16 | 58m | 0.11 | 1.2 | |
incl | 3.2m | 0.42 | 0.7 | |
18.7m | 0.11 | 10.2 | ||
8.1m | 0.1 | 3.8 | ||
12.9m | 0.12 | 12.8 | ||
14.5m | 0.4 | 109.2 | ||
incl | 3.2m | 1.46 | 403.2 | |
3.2m | 0.11 | 38.7 |
Phelps Dodge Data – Bx Target:
RC Hole # | Interval | gms Au | gms Ag | |
93-12 | 71m | 0.14 | 1.8 | |
incl | 9.7m | 0.32 | 5.4 | |
incl | 6.5m | 0.29 | 2.2 |
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