Over the last six years Altan Nevada (TSX.v:ANE) has established itself as a top 20 claim holder in the world-class mining district of Nevada.
A grassroots approach to exploration has generated highly prospective projects that have potential for large-scale gold discoveries.
Our experienced team and major partners are leveraged to achieve our goal of creating wealth through discovery.
Altan Nevada Provides update on Radar Project and General Update, Nevada
February 4, 2015 – Vancouver, British Columbia – Altan Nevada Minerals Limited (TSX.V:ANE) (“Altan Nevada” or the “Company”) (TSX-V: ANE) is pleased to announce that partner Avidian Gold US Inc. (“Avidian”), a private Nevada corporation, has reported results of its’ 2014 reverse-circulation drilling program at the Company’s Radar gold-silver project...
Altan Nevada Announces Partner Commences Drilling at the North Star Gold Project in Nevada
Altan Nevada is pleased to announce that a wholly owned subsidiary of Teck Resources Limited, Canada’s largest diversified resource company, has commenced drilling on the North Star gold property located in Elko County, Nevada.
Altan Nevada Announces Lease Agreement with Gold Resource Corporation on Radar Property in Nevada
Altan Nevada has entered into a Lease Agreement with Gold Resource Corporation (NYSE MKT: GORO), a low-cost gold producer with operations in Mexico whereby Gold Resource Corp, subject to meeting certain annual payment and work expenditure requirements, has the option to purchase a 100% interest in the Radar project for $US 1,500,000 with Altan Nevada retaining a 3% NSR.
Altan Nevada Announce North Star Gold Project, Carlin Trend, Nevada Earn-in Option with Teck Resources Limited
Teck, Canada’s largest diversified resources company to further explore the Company’s North Star Gold Project situated on the Carlin Trend, northern Nevada , whereby Teck has the option to earn up to an undivided 70% interest in the North Star Property and participate as joint venturers by incurring $5,000,000 in expenditure.
The Star Lake Project is an early stage conceptual exploration target for a district scale extension to the Carlin Gold Trend located in northern Nevada. It consists of 670 contiguous unpatented mining claims located in Northwestern Elko County and Northeastern Humboldt County, 90 air miles northwest of the town of Elko, Nevada.
North Star is an under-explored gold project, at the northern extent of Paleozoic rock exposures along the Carlin Trend, located 55 km north-northwest of Goldstrike in Elko County, northern Nevada.
In December 2013 Altan Nevada signed an agreement with a wholly owned subsidiary of Teck Resources Limited, to further explore the project whereby Teck has the option to earn up to an undivided 70% interest and participate as joint venturers by incurring $5,000,000 in expenditure.
Black Top is located in southern Nevada in the productive Walker Lane mineral belt. The 8.3 square kilometer project is part of an extensive, zoned low-sulfidation epithermal system. Surface exploration and first pass drilling by Altan Nevada has defined a very large target similar to the 18 M oz Au Round Mountain deposit located approximately 145 kilometers to the northwest.
The newly-staked Yellow Cone project is a large volcano-plutonic hosted gold-silver-copper system that has seen very little modern exploration. It consists of 280 unpatented mining claims and covers an area of approximately 5600 acres or 23 km2.
Radar is an early stage gold-silver conceptual exploration target, located immediately adjacent to the former gold-silver-mercury past producing Paradise Peak mine in Mineral County, western Nevada.
Gold Resource Corp, subject to meeting certain annual payment and work expenditure requirements, has the option to purchase a 100% interest in 88.7% of the Property for $US 1,500,000, with Altan Nevada retaining a 3% NSR
Avidian Gold (US) Inc, subject to meeting certain annual payment and work expenditure requirements, has the option to purchase a 100% interest in 11.3% of the Property for $US 500,000, with Altan Nevada retaining a 3% NSR
Mineralized structures, disseminated sulfides, and alteration assemblages at the Montelle project are comparable to those found in orogenic or intrusion-related gold systems. The coincidence of the strongest alteration with disseminated oxidized sulfides and mineralized shear structures present along the margins of strong magnetic lows indicates significant potential for sizable ore bodies within intensely altered zones beneath the alluvial cover.
Marble Station is an underexplored intrusion-related gold-copper vein system hosted in prospective Yerington-stage granodiorite. There is no evidence of modern, system scale exploration and thus the widespread occurrence of robust gold and copper values suggests that additional low cost exploration can delineate high quality drill targets.
Venus is located in west-central Nevada in Mason Valley just east-southeast of the community of Yerington in the historic Yerington copper district. It consists of 111 unpatented mining claims. The project is directly adjacent to the southern boundary of Nevada Copper’s advanced Pumpkin Hollow Cu-Fe-Ag-Au project which contains 5.6 million short tons of copper in reserves and resources.
 Wilson, Alana, and Miguel Cervantes. Fraser Institute Annual Survey of Mining Companies 2013. Survey. Fraser Institute, March 2014. http://www.fraserinstitute.org/uploadedFiles/fraser-ca/Content/research-news/research/publications/mining-survey-2013.pdf.
 “Kitco Historical Gold Charts.” Accessed May 28, 2014. http://www.kitco.com/charts/historicalgold.html.
 "2014 U.S. Geological Survey, Mineral Commodity Summaries" USGS, February 15, 2014. http://minerals.usgs.gov/minerals/pubs/commodity/gold/#pubs.
Industry Watch: Altan Rio and Altan Nevada have 8 Promising New Gold Projects
Industry Watch with Al Korelin Even Keel Media
Mr. E. Jones serves as the Chief Executive Officer, President and Director of Altan Nevada Minerals Limited and Altan Rio Minerals Limited. Prior to that, he was the Commercial Manager of Troy Resources Brasil Participacoes Ltd., a subsidiary of Troy Resources NL, a mining company listed in Canada and Australia. He also worked as an Executive Advisor with Westchester Corporate Finance in Australia. Mr E. Jones’ twelve years of experience in corporate advisory and commercial management in the mining industry, including six years based in developing countries has a enabled him to build business networks and negotiate opportunities. He holds a Bachelor of Information Technology (Information Systems) and a Bachelor of Commerce (Finance & Management) from Bond University in Australia.
John L.C. Jones
Mr. J. Jones serves as a Chairman and Director of Altan Nevada Minerals Limited and Altan Rio Minerals Limited. He has been a Director of Troy Resources NL since 1988 and was Chairman from late 1988 until October 2008. Since 1990, he has been Chairman of Anglo Australian Resources NL. He was formerly Chairman and Director of North Kalgurli Mines Limited and was a founding director of Jones Mining NL. Mr. J. Jones has been a member of the Australasian Institute of Mining and Metallurgy since 1977. He is a prominent player in the international mining sector for over thirty years with a long list of successes. His guiding involvement in four companies led to the discovery of four deposits and the development of eight mines.
Mr. Theriault serves as Exploration Manager for Altan Nevada Minerals Limited. He is Certified Professional Geologist and Qualified Person and has over 20 years experience in precious metals exploration, development, and production including substantial experience in Nevada on the Carlin, Battle Mountain-Eureka, and Independence Trends. Mr Theriault has has consulted to successful juniors and served on the staffs of AngloGold and Newmont. Notably, At Premier Gold Mines he managed the exploration office and designed and supervised their deep-drilling program to explore and delineate the Saddle gold deposit on the Carlin Trend and at Newmont, he discovered an extension of the Lone Tree deposit and developed the stratigraphic model which led directly to the discovery of the Barrel deposit on the Carlin Trend.
Mr. Nania is an Investment Banker and Managing Director of Element Capital Partners, an investment arm of Element Commodities Group, with interests in mining, oil, and gas. Mr. Nania was previously Head of Investment Banking in Australia for Casimir Capital L.P., a natural resources focused investment bank. Mr. Nania is also the President and CEO of Transatlantic Mining Corp.
Anthony Jackson, CFO – Mr. Jackson serves as Chief Financial Officer for Altan Rio Minerals Limited and Altan Nevada Minerals Limited. He is a Principal of BridgeMark Financial Corp. and a founder of Jackson & Company Chartered Accountants, a company that assists private and public companies with their accounting and tax requirements. Mr. Jackson spent a number of years at Ernst & Young LLP before working as a senior analyst at a boutique investment banking firm. Mr. Jackson earned a Bachelor of Business Administration degree from Simon Fraser University, and holds the professional designation of Chartered Accountant (CA), where he is a member of the BC and Canadian Institute of Chartered Accountants. Mr. Jackson has had extensive experience as a Director and CFO of numerous publicly traded corporations in the metals and mining industry.
Murray Seitz, Director – Mr. Seitz serves as Director for Altan Nevada Minerals Limited and Altan Rio Minerals Limited. He is also President of Corex Management Inc., a private company that provides administration services to public and private companies. Mr. Seitz has ten years of experience in mineral exploration, including corporate compliance, management and business development services. Specializing in capital raising and corporate communications, his extensive network provides substantial equity capital for his client companies. Mr. Seitz holds a Bachelor of Business Administration with a concentration in finance.
PARTNERED WITH INDUSTRY LEADERS
Altan Nevada entered into an agreement in December 2013 with a wholly owned subsidiary of Teck Resources Limited, Canada’s largest diversified resources company, to further explore the Company’s North Star Gold Project whereby Teck has the option to earn up to an undivided 70% interest and participate as joint venturers by incurring $5,000,000 in expenditure on the project.
In December 2011, Haywood Securities, a prominent Canadian investment dealer, sponsored our Qualifying Transaction and brokered a private placement for aggregate proceeds of $1 million that saw Altan Nevada become listed on the TSX Venture exchange.
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