Weepah

 

RECONNAISSANCE/SUBMITTAL SUMMARY

PROPERTY: Weepah
EASTING: 450,800 NORTHING: 4,198,085
GEOLOGISTS: Jerry Baughman
COUNTRY:USA
STATE: Nevada COUNTY: Esmeralda
AMS 1:250k: Goldfield QUAD/1:24k: Weepah
DISTRICT: Lone Mountain

SUMMARY AND CONCLUSIONS: The purpose of the Weepah submittal data review is to summarize the current project status and find interested parties for potential lease. New discoveries in the area similar in mineralization to nearby Mineral Ridge (currently in production) could potentially be toll milled.

Further work was recommended in a January 2012 technical report that was never executed due lack of funding for Mount Royal Resources Corp. The filing/maintenance fees were not paid in 2014 and were subsequently acquired by Nevada Eagle LLC Jerry Baughman.

The unexecuted recommended work should be followed up on with a company capable of performing a similar Phase I exploration program as described in the technical report. Also, available land in the area should be determined and considered.

LOCATION AND GENERAL INFORMATION: Much of the following is taken from “Weepah Mine in the County of Esmeralda Nevada – Overview – 2008):
The Weepah property lies in the west central area of the State of Nevada southwest of the Town of Tonopah and is accessible from Highway 95 by traveling north of the Town for 41 miles to the Silver Peak cutoff (Nevada Highway 265). Go south for 17 miles towards Silver Peak and turn to the east at the Weepah junction. Travel northeast for 3.4 miles to a fork in the road. Take the left fork and travel north for 5 miles to the canyon and another fork in the road.

The recorded mining history of the general area dates from the 1860's when prospectors passed through heading north and west. In 1986-87, Sunshine Mining produced +60,000 ounces Au at an average grade of 0.09 opt Au and about 200,000 ounces Ag. Scorpio Mining’s Mineral Ridge operation lies approximately 12.5 miles to the SSE where production is stated to be 40,000 ounces Au for 2014 at cash costs of $800-850/oz from 2,840 tons/day of 0.061 opt Au. Columbus Gold also has an adjacent claim block with several significant Au intersections in relatively shallow drill holes.

GEOLOGY: The local geology within the Weepah area appears to be represented by the older metasedimentary contacting with the younger Jurassic and Cretaceous aged intrusive rock units. The sediments are metamorphosed to hornfels, phyllite, schist, marble and tactite around the edges of the plutons. A recent thesis titled Structural and stratigraphic evolution of the Weepah Hills Area, NV - Transition from Basin-and-Range extension to Miocene core complex formation (Burrus, 2013) describes how detachment faulting exposes lower-plate granitic and metasedimentary rocks while dextral transcurrent faults and high angle normal faults dissect younger basin strata.

Tertiary age volcano-sediments and ash fall tuff units are abundant on the west side of the Weepah hills. Much of the area has very young unconsolidated cover on the flanks of many of the hills and older stream courses. NE trending lamprophyre dikes fill joints and are sericitized, epidotized and argillically altered along fractures.

Deposit Type:
The Weepah gold deposit occurs in a shear zone cutting Precambrian siltstones and carbonates (Wyman Formation) that crop out in a northeast-trending belt along the southeast contact of the Weepah pluton (Sonderman, 1971).

The two hosts of mineralized quartz veins are:
• Older pre-Tertiary volcanic rocks, i.e. Silver Peak (Mineral Ridge area), Weepah and Hornsilver.
• Tertiary rhyolite host rocks that occur at Tonopah and other younger volcanic rocks, i.e. Goldfield and Divide. Base metal deposits occur as well.

Skarn hosted deposits and intrusive hosted deposits may occur in the immediate vicinity but most likely have not been explored for.

Structures:
“Shear zone” host in main Weepah pit, detachment faulting, dextral transcurrent faults and high angle normal faults have been noted in the area.

Alteration:
Skarn, iron oxidation, and intrusives are sericitized, epidotized and argillically altered along fractures.

Mineralization:
Au-Ag with a generally low Silver:Gold ratio.
Drill intercepts under the historic pit report:
• 50’ of vein material that contained 0.300 opt Au” 180 feet down-dip from current pit
• 40’ of vein with 20’ of 0.240opt Au 750 feet down-dip from the pit

A southern vein extension was noted in a 1987.

Data:

• Burris 2013 thesis: Structural and stratigraphic evolution of the Weepah Hills Area, NV - Transition from Basin-and-Range extension to Miocene core complex formation
Several boxes of historical data, maps, plans and sections are listed in a MS Excel file as well as additional digital data.
• Barber, J.C., 1989: Silver Peak Operations - Resource Inventory Summary Report.
• Carter: History and Potential of the Property (Coromandel Resources Ltd).

RECOMMENDATIONS (December 22, 2014):
Further work was recommended in the January 2012 (NI43-101) technical report that was never executed due lack of funding for Mount Royal Resources Corp. The filing/maintenance fees were not paid in 2014 and were subsequently acquired by Nevada Eagle LLC.

The unexecuted recommended work included Phase I mapping, sampling and drilling for an estimated $230,000 followed by a Phase II program estimated at $450,000 for follow-up of successful Phase I work and is detailed in the technical report. The recommended work should be considered a detailed guide for companies with an interest in exploring the area. Detailed current land checks should be performed and additional ground considered in areas of interest.