VR Resources Ltd (CVE:VRR) has outlined this summer's exploration at the Big Ten epithermal gold project in Nevada, where it plans to start field work at the Amsel property in mid-July.
The work will include grid-based soil geochemistry for gold, silver and epithermal trace elements, mapping using analyses of rock samples, and geological mapping and sampling of quartz veins and fractures, the resource group said in a statement.
The Big Ten project includes seven properties, all 100% owned by VR, which cover around 1,526 acres along a structurally controlled, 20 km long mineral trend.
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VR completed an airborne magnetic and radiometric survey over the northern half of the Big Ten trend last year and a large anomaly was detected at Amsel over a 2 by 3 kilometer area.
"We increased the size of the Amsel property from six to 26 claims based on the results of our airborne survey in 2018, and the correlation of a large radiometric anomaly to a known gold soil anomaly," noted the company's CEO Michael H. Gunning. "While the highest gold and silver grades obtained to date in grab samples from quartz veins along the 20 km Big Ten mineral trend are from the Danbo and Clipper properties, the strongest hydrothermal fluid system recognized in the trend is at Amsel based on the size of the alteration lithocap."
Dr Gunning said that with numerous properties along the entire length of the Big Ten trend, the firm could explore and evaluate the complete epithermal gold system within the Big Ten caldera, both laterally and vertically.
Modern exploration tools
"Modern exploration tools and current mineral deposit modeling for the nearby Round Mountain and Manhattan gold systems will allow VR to refine and improve upon the historic exploration at Amsel, and ultimately identify and prioritize drill targets. We look forward to providing further updates as our exploration unfolds this summer.”
Big Ten lies along the eastern margin of the famous Walker Lane belt, host to numerous gold and silver deposits in western Nevada.
The project lies immediately to the southeast of the Round Mountain and Manhattan epithermal gold systems which occur in similarly aged rhyolite volcanic centers and contain 16 million and 800,000 ounces of gold respectively.
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