Corral Canyon Resources
Gold Exploration
Crescent Valley Nevada
Northern Nevada Rift
CCR controls over four miles of potential for mineralized zones along The Northern Nevada Rift. This is about the same length as Klondex’s Fire Creek project which is located adjacent and to the northwest of our site. Corral Canyon and Fire Creek are in the same trend as Mule Canyon further to the Northwest (17k), and Buckhorn to the Southeast (24k). This mineralized zone has been well defined by Klondex. Their deposit is “open” along strike, and, at depth. Klondex is permitted for bulk sampling and is currently monetizing the ore that is being mined. Additionally, the Fire Creek project is actively continuing to explore by drilling diamond core from both underground and surface locations and is finding evidence of an expanding resource. The azimuth of their proven vein sets runs right through our land package.
Project Description
The Corral Canyon Project area has significant surface expressions of basalt bedrock, which are cut by milky-white quartz veins. The remainder of the property is covered by 0 to 800 feet of alluvial gravel. Rock chip assays collected by CCR, of the hydro thermally-altered outcrops are anomalous in epithermal gold system pathfinder elements. Additionally, gravity and magnetic surveys have identified structural features which, when viewed in conjunction with the discovery of economic gold at Fire Creek on the same structures, strongly suggest the likelihood of the presence of a Northern Nevada Rift-style low-sulfidation epithermal gold deposit on CCR’s property. Deposits of this style along The Northern Nevada Rift are known to hosts millions of ounces of high-grade gold, such as Midas (7 Moz Au) and Mule Canyon (3 Moz Au). CCR’s holdings are comprised of some 4,200 acres of both private and BLM land, which includes +/-1650 royalty free acres. CCR features highway access via Route 306. We are 1-mile West of Crescent Valley. County maintained McDaniel Avenue facilitates access and reduces infrastructure required for mining. Additionally, power already runs adjacent to property.
Location and Science
A stratigraphic and structural model of the Corral Canyon property was constructed from drilling and resistivity that is consistent with the Fire Creek Mine area and current regional geology.
