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Target: Intrusion–related quartz vein and stockwork system in prospective Yerington ore-stage granodiorites with potential for high gold grades and associated copper mineralization.
Area: 50 mining claims covering 1,032 acres, or 4.18 km2
Location: The project is located in Lyon Co. in west-central Nevada and is approximately 15 km south-southeast of major copper and copper-gold projects in the Yerington mining district (Nevada Copper, Entrée Gold, Quaterrra Resources) and approximately 16 km northeast of Lincoln Mining’s Pine Grove intrusion-related gold vein project (5.50 Mt @ 1.80 g/t Au).
Ownership: The Marble Station project consists of 50 unpatented mining claims 100% controlled by Altan Nevada, all on Bureau of Land Management ground.
|Marble Station is an early-stage gold-copper project located in western Nevada approximately 8 kilometers south of the Yerington copper district, a major past producer from porphyry deposits. Current projects include Nevada Copper’s Pumpkin Hollow (529.8 Mt @ 0.45% Cu and 0.058 g/tonne Au) and Entrée Gold’s Ann Mason (1137 Mt @ 0.33% Cu). At Marble Station, there are numerous old shallow pits exploring quartz veins and oxidized sericite-altered shear zones, however there has been no drilling and little modern exploration.
Yerington district satellite image, showing Altan Nevada projects
|Mineralized exposures at Marble Station display high grade quartz veins and shears. Grab samples from historic dumps and pits assay up to 8 g/t Au and 2% Cu. One major east-west striking mineralized zone outlined so far extends for 1.6 km. Altan Nevada controls 50 claims (100%) covering an area of 1,032 acres (4.18 square km.) The company plans an aggressive exploration program of mapping, geochemistry and geophysics to define structural Au-Cu drill targets.|
Altan Nevada has conducted only preliminary surface exploration work at the Marble Station project. This consists of rock-chip grab sampling and a ground magnetic survey.
Marble Station is a very early stage project and additional work is required to finalize drill targets. Altan Nevada management has formulated a $125,000 exploration program of geologic mapping, geochemical sampling and geophysics to define high quality Phase I drill targets. Geochemical surveys will include additional rock chip sampling as well as soil sampling. Geophysical work may include gravity and IP.
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