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Bellehelen

The Bellehelen Project is located in the Bellehelen Mining District, north – central Nye County. The property is 69 kilometres east-southeast of Tonopah and is accessible by road from Highway 6 via the Golden Arrow Road and Bellehelen roads. Both are gravel and much of the latter is best travelled with a 4x4 vehicle. The project consists of three claim blocks located in Township 2N Ranges 49 & 50E and Township 3N Range 49E. The claim blocks (Ajax Mine, Ben Hur and Neversweat) cover the principal showings in the district with the exception of the Bellehelen (Merger) and Peterson Mines in the southern portion of the district. These are covered by three claims, held since 1954. The project is located on BLM land with no surface impairments.

Silver and gold were discovered in the Bellehelen Mining District around 1904. The area saw limited production from 1909 to 1927 and sporadic production during the 1930s. Total documented production, mostly from the Bellehelen (Merger) Mine and adjacent Peterson Mine, is estimated at approximately 311,000 ounces silver-equivalent. This estimate does not include minor production from smaller workings throughout the mining camp. Mineralization in the Bellehelen district is low-sulphidation in character, hosted in secondary E-W striking secondary normal faults within the regional scale Bellehelen Fault Zone, a component of the larger Kawich-Toiyabe Lineament. The project area is entirely underlain by rhyolitic ash flow tuff and megabreccia (crater collapse) deposits of earliest Miocene age. Mineralization likely occurred following crater collapse driven by hydrothermal circulation along master faults in the Bellehelen Fault Zone.

The Bellehelen Project includes the Ajax, Kawich and Neversweat Properties (claim blocks). Gold and silver throughout the project area occur in silicified felsic tuff with quartz, pyrite and wispy grey sulphides. At the Ajax Property, minor undocumented production likely occurred at the Ajax Mine and from a nearby shaft, 550 m to the east. Surface grab samples from dump and in-place material have returned up to 11.25 g/t Au and 1,490 g/t Ag. Soil surveys over the area covering the Ajax Mine and eastern shaft indicate a broad response in gold and silver near the Ajax Mine, perhaps partly due to contamination. There is weaker response near the eastern shaft. Second order magnetic field highs are coincident with the Ajax Mine and the eastern shaft and there is an HLEM conductor near the eastern shaft where the highest-grade bedrock grab samples were found. At the Kawich Property, gold and silver are associated with E-W, steeply dipping veins and vein-faults with strike lengths up to 175 m. Grab samples of spill pile and in-place material collected during first pass prospecting returned up to 430 g/t Ag and 10.45 g/t Au. The Neversweat Property covers reported high-grade silver (3,000 ppm Ag – NBMG) collected from one of two adits on the property. Sampling during staking returned up to 159 g/t Ag from three hastily collected grab samples.

The Bellehelen Project covers high-grade gold & silver occurrences in a favorable extensional regime. However, the Bellehelen District is poorly mapped and has not been explored as a whole with modern methods. It is a rare district scale district-scale target with the potential to host a significant gold or silver deposit.

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