data

Location: 2 miles west of the Genesis-Blue Star and Post-Betze mines of the northern Carlin Trend
Size: 12,550 acres
Mineral: Gold
Ownership: Subject to Minerals Lease, Sublease and Agreement with Newmont

key points

• 1,100 meters of reverse circulation and 300 meters of diamond core drilled
  
• Geophysics implemented to test for potential targets

The Boulder Valley property is one of four properties that are subject to an exploration lease and sublease agreement with Newmont Mining Corporation.

The property area comprises approximately 10,700 acres of Newmont-held surface and mineral rights and 1,850 acres of Newmont-held lode claims on Bureau of Land Management lands covering a series of low, rolling hills approximately 2 miles west of the Genesis-Blue Star and Post-Betze (Barrick and Newmont) mines of the northern Carlin Trend. Gold deposits of this part of the Carlin Trend are situated along the crest and flanks of the Tuscarora Arch, a north-northwest-trending geologic anticline. Gravity data suggests that the hills on the property are underlain by a block of shallowly buried basement rock. Evolving geologists believe that this gravity block "slid" into its present position after faltering off of the Tuscarora Arch during Miocene crustal extension. If so, there is a possibility that the same rocks hosting the enormous deposits to the east lie at shallow depth under the property. Evolving plans to test this conceptual target with a "fence" of evenly spaced, 300-500 m deep, vertical holes across the property.