Nevada Silver Corporation (TSX-V:NSC) revealed that it has commenced the first exploration in more than 100 years at Belmont silver camp in Nevada having seen potential in the historic mining site which once dominated Nye County’s silver production.
The junior company controls patented and unpatented claims covering numerous historic silver mines located near the town of Belmont, including the majority of older silver mine workings at the Belmont silver camp.
“Belmont is among the earliest and richest silver mining camps in the Tonapah district and had an estimated average silver ore head grade of 25 ounces per tonne of silver,” Nevada Silver said in a statement.
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The company said there has been negligible exploration at Belmont in recent decades even though high-grade silver samples up to 0.5% silver were collected from remnant mine dumps during a study of the district by the US Geological Survey in 1985.
Nevada Silver has commenced surface mapping for the Belmont silver project. The study would be the first detailed structural and lithological charting of the Belmont silver camp.
The company has engaged experienced consulting geology Gerald Willis, who has extensive experience in mapping and appraising silver deposit geology, to work on the project.
Nevada Silver also said that an induced polarization geophysical survey covering the shallow mine workings and adjacent ground at the Belmont silver project, has begun under the stewardship of Rock Bottom Geosciences LLC.
The survey is expected to delineate prospective targets beneath and peripheral to the old workings.
Further, the company has secured Falcon Drilling Inc to undertake drill testing of prioritized silver-sulphide targets defined by the mapping and geophysical surveys and detailed in the accounts of past mining activities.
With drilling expected the commence in May, Nevada Silver said “targets will include near-surface, silver-quartz veins and shallow sulphide anomalies which were not identified by early miners because of poor outcrop and widespread overburden.”
Nevada Silver is a multi-commodity exploration and development company with two advanced-stage exploration projects in the United States.
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