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2 clusters · 5 sources · 11 days · First seen · Last updated
Advanced Gold Exploration in Nevada
Overview
Advanced Gold Exploration has expanded its mining interests in Nevada through successful mineral identification and strategic acquisitions.
Initial exploration at the Silver Belle Project in Eureka County identified high-grade mineralization zones. Geologists reported significant silver samples, including 257 grams of silver per tonne at the Pixie Mine and 192 grams of silver per tonne at the Philippsburg Mine, alongside lead, zinc, and copper.
Following these findings, the company signed a non-binding memorandum of understanding with Ameerex Corporation to acquire the Corcoran Canyon Silver-Gold Property and the Belmont Properties in Nye County. The Corcoran Canyon site is characterized as a low-sulfidation epithermal silver-gold system with an inferred resource of approximately 39 million ounces of silver equivalent. Advanced Gold intends to advance these projects from inferred to indicated status.
Entities
Advanced Gold Exploration Inc. · North American Silver Corporation · Ameerex Corporation · Advanced Gold Exploration · Silver Belle Project
Timeline
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[BUSINESS] 2 sourcesAdvanced Gold signs MOU to acquire Nevada silver-gold properties
Advanced Gold Exploration Inc. signed an MOU to acquire silver-gold properties in Nevada, targeting a historical resource of approximately 39 million ounces of silver equivalent.
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[BUSINESS] 3 sourcesAdvanced Gold Exploration finds high-grade silver in Nevada
Advanced Gold Exploration has identified high-grade silver, lead, and zinc mineralization at the Silver Belle Project in Eureka County, Nevada, through modern mapping and sampling.
Sources
miningscout.de · newsonline24.net · presse-control.de · resourceworld.com · thedeepdive.ca