The Luxor Property is centred at 380 09’ 16” N, 1160 59’ 30” W in Section 36 Township 4 North, Range 44 East (MDM), Nye County, Nevada. It is 27 km east-northeast of Tonopah and accessible by 4WD vehicles from Highway 6, 11 kilometres south of the property.
The Luxor Property covers historic workings developed at the turn of the 20th century in the Hannapah Mining District. The most significant showing is the Volcano Mine, notable as the only occurrence of high-grade gold in the silver-rich Hannapah District. Samples from the mine workings and dump piles have reported historic assays up to 31.81 g/t Au and 4656 g/t Ag. Sampling by Silver Range during an initial exam returned 2.3 g/t Au and 1035 g/t Ag. Precious metal mineralization is hosted in low sulphidation epithermal quartz veins cutting a Miocene rhyolite dome intruding Oligocene ash-flow tuffs. Gold and silver are associated with pyrite and limonite in medium crystalline clear to white opaque quartz. The pattern of workings suggest that both east-west and north-south structures are mineralized in the property area.
Silver Range intends to conduct orientation geophysical and geochemical surveys at Luxor to determine the optimum tools for delineating and testing the vein systems.
