Available Projects

Overview

The 4,468-hectare Cuprite gold project is located in Nevada, fifteen kilometres south of Goldfield. Cuprite is a district-scale opportunity with over twenty square-kilometres of advanced argillic alteration constituting one of the largest steam-heated cells in the Walker Lane. The alteration cell is split by Highway 95 with the western cell developed over Cambrian basement and the eastern cell, the principal focus of the Cuprite project developed over Miocene and Oligocene tuffs.

Within the eastern cell, alteration vectors eastward towards shallow gravel cover with cinnabar (and mercury-in-soil anomalism), residual silica and powdery silica all observed proximal to the eastern limit of outcrop. Favorably oriented faults, related to the Miocene Stonewall caldera, project into the shallow gravel cover, and constitute highly prospective feeder structures untested by drilling.

Cuprite is an analog to AngloGold Ashanti’s Silicon deposit, which was originally identified by Orogen’s exploration team in 2014 and where Orogen and Altius hold a 1% NSR royalty and a 1.5% NSR royalty, respectively. Like Cuprite, Silicon displays an extensive, strongly developed, steam heated alteration zone at surface with anomalous mercury and cinnabar, as well as sharing a similar geological and structural setting.