The Crown Gold Project is part of an assembled land package that for the first time has been consolidated with the Sterling Gold Mine under one ownership. Crown hosts four primary targets – Daisy, Secret Pass, SNA and Shear Zone. Mineralization follows the same detachment fault structure that hosted Barrick’s Bullfrog Mine which produced ~2.3 million ounces of gold.
Drilling, surface mapping and sampling on the property suggests that the historic deposits are open and there is potential for new discoveries.
The Daisy Mine was in production from 1997 to 2001 and produced 104,000 ounces of gold. Regional exploration of the area has highlighted 2.0 kilometers of high grade surface samples over 1.0 g/t Au and 25 rock samples over 1.0 g/t gold, including high grade samples of up to 13.85 g/t gold.
Secret Pass has been interpreted as a volcanic-hosted deposit with disseminated gold mineralization controlled by the Fluorspar Canyon Detachment Fault. A total of 160 holes were drilled at Secret Pass which was previously mined in the 1990’s. Significant drill intercepts beyond the existing pit indicate potential resource expansion, drill hole D-320 on the eastern edge of the historical pit intercepted 1.02 g/t gold over 77.7 meters.
SNA lies on a north south structure that hosts Carlin-type mineralization which is open for expansion. Historically 149 holes were drilled at SNA. The Shear Zone lies on the upper level of an epithermal vein and indicates potential for bonanza grades at depth. Past discoveries of mineralization were not followed up on.