Gold & Silver Project For Lease Purchase

Quinn Canyon Gold Project

Mine Details

Commodity: Gold, Silver
Location: Nevada, USA
Terms: Lease Purchase Option, Negotiable
Price: Contact Vendor

Seller Website

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Quinn Canyon is a Carlin-type exploration project with the potential to host large volumes of gold and silver bearing ore. Highlights include:

  • Widespread jasperoid development in Middle Paleozoic carbonate stratigraphy.
  • Two large undrilled jasperoids (up to 200m long) contain numerous plus 1 g/t samples, including continuous chip channel samples carrying 1.045 g/t Au over 16.5 m and another carrying 0.512 g/t Au over 61.6 m (includes 25m @ 0.935 g/t Au).
  • Modern work (1982-89) included very little drilling except one small area. The best gold showing has not been drilled. Several mapped have not even been sampled
  • Very early stage project, rock chip sampling only has been conducted on the property.

The Quinn project is located in the south Quinn Canyon Range in northeastern Nye County, about 80 miles southeast of Ely, Nevada. The land is all Toiyabe National Forest, mostly within their “roadless – new road building allowed” classification.

The Quinn Canyon area was originally a fluorspar district with minor base metal showings. Many of the fluorite occurrences are associated with jasperoids which in some instances have been found to carry significant gold values along with strong arsenic, antimony, and mercury values, indicative of a Carlin-type precious metals system. Rock samples collected on the property in the last 3 years carry up to 2.57 grams/ton gold and up to 27 grams/ton silver.

The Quinn project is located on two separate blocks of Middle Paleozoic carbonate/clastic units encompassing an area of at least 10 square miles. Rock units exposed within range from the Ordovician Pogonip Group up to Devonian/Mississippian shale. The Paleozoic rocks are intruded by and surrounded by Tertiary volcanic and intrusive rocks. The large volcanic area between the east and west blocks of Paleozoic exposures may represent a collapsed caldera.

Alteration at the surface as presently known consists mainly of widespread jasperoids, some of which are extremely large. Continuous chip channel sampling in one of these jasperoids carried 0.512 grams/ton gold along 61.6 meters while a line perpendicular to this one showed 1.045 grams/ton gold over 16.5 meters. One prospect pit shows some decalcification that carries nearly 0.5 grams/ton gold.

The Quinn Canyon area was originally a fluorspar district with minor base metal showings. A small amount of fluorspar ore was mined and shipped in the 1950s.

The large jasperoid in the western claim block was drilled for fluorspar in the 1950s. In the modern era, Hecla and Superior Oil explored the area, presumably for gold in jasperoids. Nothing is known of this work other than their permitting of 14 drill sites on the eastern claims block; it is not known how many of these sites were actually drilled.

There is a claim block about 1 mile east of the Genesis property that is held by a third party. Exploration by Superior in that area consisted of rock chip sampling, soil sampling, and the drilling of 39 rotary holes. Rock chips there showed up to 2.65 grams/ton gold while soils showed several anomalies with a maximum value of 35 grams/ton gold. The best drill hole returned 20 feet of 0.35 grams/ton gold.