Tonopah

Provenance Gold Provides Corporate Update

Thursday, April 8, 2021 - 1:00pm

The Company will soon provide updates on the initial drill program on its Silver Bow property east of Tonopah, which is just being completed.

Key Points: 
  • The Company will soon provide updates on the initial drill program on its Silver Bow property east of Tonopah, which is just being completed.
  • The Company also reports that Thomas Crom, one of its independent Directors has tendered his resignation for personal reasons.
  • The Company wishes to thank him for his service and insight over the years and wishes him the best going forward.
  • Provenance Gold Corp. is a precious metals exploration company with a focus on gold and silver resources within North America.

Blackrock Acquires Strategic Claim Block at Tonopah West

Tuesday, April 6, 2021 - 12:30pm

Under the agreement, Nevada Select Royalties, Inc. will acquire three patented mining claims consisting of 35.411 acres (14.3 hectares) which were a hole within the Tonopah West property and contiguous to the mining claims on which the Company is currently drilling.

Key Points: 
  • Under the agreement, Nevada Select Royalties, Inc. will acquire three patented mining claims consisting of 35.411 acres (14.3 hectares) which were a hole within the Tonopah West property and contiguous to the mining claims on which the Company is currently drilling.
  • Andrew Pollard, the Company's President and CEO stated, "This is a win-win deal for Blackrock and the surface landowners.
  • Our rapid advancement of the Tonopah West project will eventually take drilling underground and the land exchange provides potential expansion opportunity for Blackrock, while also having no material impact on our Tonopah West Exploration and Development plans."
  • The newly acquired patented mining claims will be subject to the Blackrock Gold Corp. Option Agreement dated February 24, 2020, between the Company and Nevada Select Royalties, Inc., pursuant to which the Company is acquiring a 100% interest in the Tonopah West Project lands.

Ely Gold Royalties Announces Acquisition of Tonopah West Patented Mining Claims, Nevada

Tuesday, April 6, 2021 - 11:30am

Beneficial Three-Way Property Land Exchange Agreement

Key Points: 
  • Under the Agreement, Ely Gold will acquire three patented mining claims consisting of 35.411 acres (14.3 hectares) located centrally within the Tonopah West property and contiguous to the mining claims on which Blackrock is currently drilling (figure #1).
  • The newly acquired patented mining claims will be subject to the Blackrock Gold Corp. Option Agreement dated February 24, 2020, wherein Blackrock is acquiring a 100% interest in the Tonopah West Project lands.
  • About Ely Gold Royalties Inc. Ely Gold Royalties Inc. is a Nevada focused gold royalty company.
  • Management believes that due to the Company's ability to locate and purchase third-party royalties, its strategy of organically creating royalties and its gold focus, Ely Gold offers shareholders a favorable leverage to gold prices and low-cost access to long-term gold royalties in safe mining jurisdictions.

Sierra Enters Into Definitive Agreement with Primus Resources on Three Nevada Properties

Monday, March 15, 2021 - 12:00pm

The completion of this agreement with Primus secures a position for Sierrawithinactiveexploration centers in Nevada, a Tier 1 mining jurisdiction.

Key Points: 
  • The completion of this agreement with Primus secures a position for Sierrawithinactiveexploration centers in Nevada, a Tier 1 mining jurisdiction.
  • The properties are 45 kilometers northwest of Lovelock, a fully serviced town on Interstate 80, and are accessible via paved and wellmaintained gravel and dirt roads.
  • The Betty East property is located in west-central Nevada, approximately 40 miles north of the town of Tonopah, in Nye County.
  • Under the terms of the agreement Sierra will make the following cash and share payments and work commitments to Primus.

Drilling is underway at VR’s Reveille silver-copper property in Nevada

Tuesday, March 2, 2021 - 2:00pm

VANCOUVER, British Columbia, March 02, 2021 (GLOBE NEWSWIRE) -- VR Resources Ltd. (TSX.V: VRR, FSE: 5VR; OTCBB: VRRCF), the "Company, or VR, is pleased to announce that drilling is underway at its Reveille silver-copper property in Nevada.

Key Points: 
  • VANCOUVER, British Columbia, March 02, 2021 (GLOBE NEWSWIRE) -- VR Resources Ltd. (TSX.V: VRR, FSE: 5VR; OTCBB: VRRCF), the "Company, or VR, is pleased to announce that drilling is underway at its Reveille silver-copper property in Nevada.
  • Figure 1 is a map showing the locations of all of the permitted drill holes at Reveille.
  • The Reveille property is located approximately 90 kms east of Tonopah, Nevada.
  • There are no underlying annual lease payments on the property, nor are there any joint venture or carried interests on the property.

West Vault Enters US $7.3 Million Gold and Silver Stream Agreement with Sprott

Monday, February 22, 2021 - 6:00am

At a gold price of US $1,800, an independent Pre-feasibility Study completed in 20161 (the "2016 PFS") estimated an after-tax IRR of 92% and a US $295 Million NPV(5).

Key Points: 
  • At a gold price of US $1,800, an independent Pre-feasibility Study completed in 20161 (the "2016 PFS") estimated an after-tax IRR of 92% and a US $295 Million NPV(5).
  • The Hill of Gold property hosts a non-current historical inferred resource (see the Company's news release dated February 2, 2021).
  • Closing of the Stream Agreement is subject to the satisfaction of closing conditions, including receipt of regulatory approval.
  • About West Vault Mining Inc.
    West Vault is focused on maximizing shareholder value for its 100% interest in the permitted Hasbrouck Gold Project in Tonopah, Nevada.

Mining Companies Have a Golden Opportunity to Revitalize Past-Producers

Thursday, October 8, 2020 - 1:50pm

Tonopah is still, to this day, considered to be one of the most desirable mining districts in the state.

Key Points: 
  • Tonopah is still, to this day, considered to be one of the most desirable mining districts in the state.
  • To date, the Tonopah Silver District has produced more than 174 million ounces of gold and 1.8 million ounces of silver .
  • The company's Tonopah West land package includes 97 patented and 17 unpatented mining claims covering 4.5 sq km (1,100 acres).
  • The recent rise in gold and silver prices is revitalizing the mining industry and creating a rare opportunity to extract huge value from past-producing assets.

Mining Companies Have a Golden Opportunity to Revitalize Past-Producers

Thursday, October 8, 2020 - 1:50pm

Tonopah is still, to this day, considered to be one of the most desirable mining districts in the state.

Key Points: 
  • Tonopah is still, to this day, considered to be one of the most desirable mining districts in the state.
  • To date, the Tonopah Silver District has produced more than 174 million ounces of gold and 1.8 million ounces of silver .
  • The company's Tonopah West land package includes 97 patented and 17 unpatented mining claims covering 4.5 sq km (1,100 acres).
  • The recent rise in gold and silver prices is revitalizing the mining industry and creating a rare opportunity to extract huge value from past-producing assets.

Nevada Remains One of the Best Mining Jurisdictions on Earth and Producers and Explorers are Thriving

Thursday, September 17, 2020 - 1:30pm

As a result, there has been a renewed focus on the epicentre of gold and silver mining in the United States - Nevada.

Key Points: 
  • As a result, there has been a renewed focus on the epicentre of gold and silver mining in the United States - Nevada.
  • Over the course of the state's long mining industry history, Nevada has built up world-class mining infrastructure throughout the state.
  • The sheer size of the Nevada mining industry assures that the state is home to a strong mining workforce of experienced professionals.
  • The company's Tonopah West land package includes 97 patented and 17 unpatented mining claims covering 4.5 sq km (1,100 acres).

Nevada Remains One of the Best Mining Jurisdictions on Earth and Producers and Explorers are Thriving

Thursday, September 17, 2020 - 1:30pm

As a result, there has been a renewed focus on the epicentre of gold and silver mining in the United States - Nevada.

Key Points: 
  • As a result, there has been a renewed focus on the epicentre of gold and silver mining in the United States - Nevada.
  • Over the course of the state's long mining industry history, Nevada has built up world-class mining infrastructure throughout the state.
  • The sheer size of the Nevada mining industry assures that the state is home to a strong mining workforce of experienced professionals.
  • The company's Tonopah West land package includes 97 patented and 17 unpatented mining claims covering 4.5 sq km (1,100 acres).