The Prospect Mountain Mine Complex (PMMC), is the Company's flagship project, lies in the Battle Mountain Eureka trend, one of the most prolific mining belts in Nevada, within the Eureka Mining camp.
The PMMC lies in the heart of the Eureka mining district, with the Ruby Hill property of i-80 Gold to the north and McEwen’s Eureka property to the south.
The Prospect Mountain Mine complex was the second largest historical producer within the Eureka camp, from largely CRD style deposits from more than 20 historic mines that were first active in 1880. Some of these mines produced some high grade material such as Williams mine - averaging 3.9 oz Au, 28.56 oz Ag.**
* Represents current indicated resources and historical production applicable to the Eureka camp. Sources: (a) “Technical Report, Lookout Mountain Project, Eureka County, Nevada, USA” dated effective Sept. 1, 2023 available under the SEDAR+ profile for Timberline Resources Corporation; (b) “NI 43-101 Technical Report on the Prospect Mountain Property, Eureka County, Nevada, USA” dated and effective April 10, 2023, available on the Company’s website and under its SEDAR+ profile; and (c) “Preliminary Economic Assessment of the i-80 Gold Corp. Ruby Hill Project, Eureka County, NV” dated effective December 31, 2024, available on the website and under the SEDAR+ profile for i-80 Gold Corp.
There are currently no mineral resources or reserves estimates for the Prospect Mountain Mine Complex.
The reader is cautioned that mineralization on adjacent properties is not necessarily indicative of what can or will be found within the Prospect Mountain Mine Complex.
David Pym, CGeol B.Sc. M.Sc, Consultant Geologist for North Peak Resources, is the Qualified Person (as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects) who reviewed and approved the foregoing scientific and technical disclosure on this webpage on behalf of the Company. The Qualified Person has not reviewed the mineral tenure, nor independently verified the legal status and ownership of the properties referenced above or any underlying property agreements.
** Source: Nolan, T.B. 1962. The Eureka Mining District, Nevada,: GEOLOGICAL SURVEY PROFESSIONAL PAPER 406. Washington: United States Government Printing Office.
