The WEST SILVER CLOUD property: a Midas-style gold-silver target

Ivanhoe Mining District, Elko County, Nevada, USA

The West Silver Cloud gold-silver property is a Midas-style gold-silver target comprising 38 unpatented lode mining claims totaling approximately 760 acres and located 32 airline miles northeast of Battle Mountain, Nevada.

The property is situated along the Northern Nevada Rift ("NNR"), a Miocene-age structural zone that hosts several past producing, currently operating, or future mines.  The largest of these are Newmont’s Mule Canyon and Ken Snyder mines and the Great Basin Gold – Hecla Ivanhoe deposit, currently in development.

Exploration to date includes surface prospecting and geochemical sampling of altered bedrock on identified fault structures.  The observed surface indications are similar to the subtle features that are found above high-grade vein systems in the Ivanhoe and Midas districts.

Recommended exploration work consists of geophysical surveys (magnetics, gravity, and CSAMT) to further define possible drill hole locations, followed by core drilling to test targets at depth.

Geophysical work is budgeted at US$167,000 and drilling is budgeted at a minimum of US$783,000.