Mt Tobin Silver-Gold Prospect - Nevada, USA

This project comprises 4 newly staked claims located 73km south of Winnemucca in north central Nevada.

The prospect was first highlighted in a 1985 Masters Thesis which describes a zone of stratiform mineralisation in chert and silicified sediments over a thickness of 45-60m thick and a strike length of 1,200m. At that time the ground was held by Queenstake Resources, who in their annual report, referred to geochemical sampling having outlined a significant silver-lead-zinc anomaly associated with this large zone of mineralisation. Queenstake joint ventured the project to another company which failed to carry out any further work in this area.

Tertiary Minerals plc has carried out initial sampling with the following results:

  • Preliminary rock samples taken from prospector’s hand dug pits have returned silver values up to 101 grammes/tonne (g/t) silver (3.12 ounces/ton) with several other samples returning between 15 and 91g/t silver.
  • These and other anomalous results returned over a 450m strike length sampled to date.
  • Mineralisation is open to north and south, structurally controlled and spatially related to dyke intrusion.

A drone magnetic survey and a soil sampling programme have been completed. This survey comprised 23.6-line km of flying on traverses 50m apart. 304 soil samples were collected on a 40m by 100m grid. Results are awaited.