Factsheets - Kinetic Gold
Transcription
Factsheets - Kinetic Gold
The Future of Discovery Nevada-focused prospect generators Our Mission We employ a prospect generator/JV business model drawing on more than 50 years of collective experience to generate quality prospects with the greatest opportunity for discovery. We are actively acquiring properties and generating new targets, and seek capable partners to join us in maximizing shareholder value through discovery. Our Team Founded and directed by successful Nevada explorers Significant involvement in several Nevada discoveries and resource development projects Extensive technical, management and leadership experience with major and junior companies Corporate Development Kinetic has continued to explore, generate new targets and advance its business despite challenging market conditions. Over the past few years, we have optioned two of our projects, completed two exploration alliances, two private placements, and have added two new high quality projects to our portfolio: Option Agreement w/ Ivy Minerals Inc. (option to acquire any or all of four generated properties on favorable terms) Exploration earn-in Agreement – South Roberts Project Two drill programs completed, RC and core (Agreement terminated, March 2015) Royalty Financing and Private Placement w/ Callinan Royalties Corp. (Altius Minerals) funding Project Generation (2014-2015) Royalty Financing and Private Placement w/ Ivy Minerals Inc. funding Project Generation (2016) Completed Option Agreement on Spring Peak Project, May, 2016 Properties 1. South Roberts: Carlin-type Au 2. Ferguson Mtn: Carlin-type Au 3. Spring Peak: Epithermal Au 4. Ely Springs: Carlin-type Au 5. Jupiter: Carlin-type Au Option Properties 6. Carlin-type Au 7. Carlin-type Au 8. Carlin-type Au 9. Epithermal and Carlin-type Au Contact: Bob Felder, President & CEO: [email protected] Greg Hill, Vice President, Exploration: [email protected] 4790 Caughlin Pkwy. # 410 Reno, Nevada USA 89519 Tel: (775) 624-7764 www.kineticgold.com The Future of Discovery Project Summaries 1. SOUTH ROBERTS Carlin-type target (Available for Joint Venture) The South Roberts project is a Carlin-type target on the southern Battle Mountain-Eureka Trend, an area with a global endowment of nearly 100M oz gold. Our targets occur along a major structural break and structural intersections interpreted from detailed gravity data, and are further defined by a strong enzyme leach gold anomaly, with associated As and Sb. This north-northwest trending Carlin-suite geochemical anomaly and major structural break has a defined strike length of 3.4 miles (5.5 km). Drill testing in 2014 has confirmed shallow depths to Paleozoic bedrock and intersected anomalous gold and Carlinsuite geochemistry in all drill holes, confirming the presence of a gold bearing hydrothermal system. 2. SPRING PEAK Low-sulfidation epithermal target (Optioned) The Spring Peak project is a well preserved, low-sulfidation epithermal gold system in the Walker Lane structural corridor near the Aurora, Borealis and Bodie deposits. Historic production from these deposits is in excess of 4M oz gold and 25M oz silver. Spring Peak is characterized by widespread gold on surface, in banded veins with grades up to 35 g Au/t, and associated high As, Sb and Hg. Minor past drilling has been conducted (1980’s), and consisted of mostly shallow, vertical holes, which encountered widespread gold mineralization with grades up to 1.93 g Au/t. Our work has defined multiple high-grade bonanza vein targets, which have not been tested by past drilling. 3. FERGUSON MOUNTAIN Carlin-type target (Available for Joint Venture) The Ferguson Mountain project is an untested Carlin-type target in the platform carbonates of eastern Nevada. Targets are indicated by surface geochemical leakage of As and Sb along structures, with gold in rock chip samples up to 0.44 g Au/t. Drill targets are defined by the intersections of high angle, gold-bearing structures, favorable stratigraphy, geologic contacts, altered felsic dikes and low angle structural zones, all documented by Kinetic Gold’s geologic mapping. Our targets have never been drill tested. 4. ELY SPRINGS Carlin-type target (Available for Joint Venture) The Ely Springs project is an untested Carlin-type target in the platform carbonates of southeastern Nevada. Rock chip samples up to 1.93 g Au/t with elevated As, Sb, Hg and Tl ± base metals occur in lower Paleozoic carbonate rocks displaying extensive development of solution/collapse breccias in a similar stratigraphic setting to Long Canyon. This area has had historic, small scale production of Pb, Zn and Ag from small surface workings and has not been explored for gold in a modern context. Our work has generated new, untested drill targets with significant discovery potential in this environment. 5. JUPITER Carlin-type target (Available for Joint Venture) The Jupiter project contains a large, exposed gold-bearing hydrothermal system with a known strike length in excess of 5 kilometers, with limited historic drilling. Extensive mineralized jasperoids, folded and thrusted Cambrian-Ordovician stratigraphy, Carlin-suite geochemistry with low base metals and altered felsic dikes represent key prospectivity elements for targeting the discovery of a large Carlin-style gold deposit. Our geologic and targeting work has developed several new, high-quality, untested drill targets. Contact: Bob Felder, President & CEO: [email protected] Greg Hill, Vice President, Exploration: [email protected] 4790 Caughlin Pkwy. # 410 Reno, Nevada USA 89511 Tel: (775) 624-7764 www.kineticgold.com The Future of Discovery Ferguson Mountain Project Elko County, NV The Ferguson Mountain project was generated through Kinetic Gold’s regional grass roots targeting efforts. Our observations indicate geologic similarities to Newmont’s recently acquired Long Canyon project, as well as other gold deposits discovered in historic base metal districts. We believe that there is significant potential to discover subtly exposed or blind deposits in the shelf carbonate environment in the eastern Great Basin, an area that has not been extensively explored for large Carlin-type gold deposits. 24 unpatented claims (approx. 480 acres) Sediment-hosted, Carlin-type target Along NW gravity break LC Greg is an exploration geologist with 20 years experience with major and junior mining companies in Nevada, and internationally. This experience FM includes exploration, development, and expansion of resources at several major Nevada mines including the KM Twin Creeks and Lone Tree mines then C operated by Santa Fe and the Rosebud mine. He has served in technical and executive roles ranging from mine site exploration and development to prospect generation, project management, financing, and corporate leadership. Greg has worked or consulted for many C’companies, notably, IsostaticGold, Residual Gravity map of NE Nevada, showing major Harvest Cambior, Placer Dome, Santa Fe Pacific Gold, and Bar Greg gold trends and interpreted NW breaks in the platform carbonates possibly representing significant crustal structures is a past President and Director Society of Nevada and an active member of the geologic community. Similarities to Long Canyon Quaternary Alluvium Quaternary Older Alluvium Quaternary Talus Deposits Cretaceous/Tertiary Intrusives Permian Kaibab Fm. Permian Pequop Fm. Permian Ferguson Mtn. Fm. Pennsylvanian Ely Fm. Mississippian Chainman Shale Miss.-Dev. Joana Limestone Miss.-Dev. Pilot Shale Devonian Guilmette Fm. • Solution/collapse breccias in thick carbonate section • Decalcified, hematitic limestones • Strong NW and NE structural fabric • Minor silicification • Historic base-metals occurrences Contact: Geologic map of the Ferguson Mountain project area (KGC, 2012) Available for joint venture Robert P. Felder, President & CEO: [email protected] Gregory T. Hill, Vice-President, Exploration: [email protected] 4790 Caughlin Pkwy. #410 Reno, Nevada USA 89519 Tel: (775) 624-7764 www.kineticgold.com The Future of Discovery Ferguson Mountain Project Rock Chips • • • • Au to 0.44 g/t Ag to 26.7 g/t As to 8220 ppm Sb to 835 ppm C Anomalous gold and pathfinders in rocks are spatially associated with NE, EW and NW structures and their intersections. Soil geochemistry (arsenic shown at left) also corresponds well with mapped structures, and, like gold in rocks, is closely associated with the NE, EW, and NW faults. C’ Greg is an exploration geologist with 20 years experience with major and junior mining companies in Nevada, and internationally. This experience includes exploration, development, and expansion of resources at several major Nevada mines including the Twin Creeks and Lone Tree mines then operated by Santa Fe and the Rosebud mine. He has served in technical Partially silicified with anomalousand gold (0.44 g/t) from and Gold executive roles ranging from mine sitelimestone exploration development in rock chips over arsenic in soils. NE-trending fault zone to prospect generation, project management, financing, and corporate leadership. Greg has worked or consulted for many companies, notably, C The Ferguson an Harvest Gold, Cambior, Placer Dome, Santa FeC’ Pacific Gold,Mountain and project Bar is Greg example of a mostly blind Carlin-type is a past President and Director Society of Nevada target andin the anprospective activeshelf member carbonates of eastern Nevada of the geologic community. Target is manifested at surface by geochemical leakage along structures Drill targets defined by coincident Au, As, Ag geochemical signature and favorable structures, stratigraphic horizons and collapse breccias Never been drill tested Geologic cross-section showing target model for gold mineralization and proposed drill holes Prospect Generators... Nevada focused.. The Future of Discovery Fresh targets. South Roberts Project Eureka County, NV Kinetic Gold believes that a major gold deposit in this district is likely to be found hidden beneath shallow to moderate thicknesses of gravel in Kobeh Valley. Carlin-type districts generally comprise one or more multi-million ounce gold deposits and a cluster of smaller satellite deposits. The Roberts Mountains contain a number of small Carlin-type deposits, but to date no major gold deposit has been found. 89 claims (approx. 1780 acres) in southern Battle Mtn.-Eureka Trend Gold Bar satellite deposits/mines Carlin-type gold target in Roberts Mountains pediment – major deposit not yet found in this district Afgan deposit Gold Bar Mine Compelling fit of geological, structural, geophysical and geochemical data underpin South Roberts targets High potential for discovery of large Carlin-type deposits Positive first drill test - 2014 Historic production 588,000 oz. gold Gold Bar resources: 805,096 oz. gold (M, I & I - McEwen Mining, 2012) Afgan resources: 121,000 oz. Au (I & I - NV Gold, 2011) Geologic map of the southern part of the Roberts Mountains, showing Carlin-type gold deposits, and location of Kinetic Gold claim block 2014 Drilling Confirms Concealed Gold System Drill program intersects anomalous gold plus Carlin-suite geochemistry in all six holes Webb-Devils Gate contact intersected in 4 of 6 holes, displaying alteration and anomalous gold + Carlin suite geochemistry Rain-style target environment Location of the South Roberts project among gold deposits of the Battle Mountain – Eureka Trend Contact: Available for joint venture Robert P. Felder, President & CEO: [email protected] Gregory T. Hill, Vice-President, Exploration: [email protected] 4790 Caughlin Pkwy. #410 Reno, Nevada USA 89511 Tel: (775) 624-7764 www.kineticgold.com The Future of Discovery South Roberts Project Structures interpeted from gravity data Targets are under shallow pediment 3.4 mile (5.5 km) north-northwest alignment of gold + Carlin-suite pathfinder anomalies, coincident with structures and structural intersections interpreted from gravity data Current claim block WNW and NW structural controls indicated by gold deposits, anomalous soils, and gravity features Tightly spaced gravity data underpins structural interpretation and indicates shallow to moderate depths to bedrock, confirmed by 2014 drilling Claim block covers area with shallow depth to bedrock, including favorable lower plate carbonates Analogous environment to Newmont’s Rain deposit on the Carlin Trend 2014 drill holes on residual gravity, with structural interpretation and gold in soils by enzyme leach, showing correspondence of structure and anomalous Carlin-suite geochemistry. A A’ Geologic cross-section showing target model for mineralization at South Roberts, integrating 2014 drill results, geology and project-scale detailed gravity Prospect Generators... Nevada focused.. The Future of Discovery Fresh targets. Spring Peak Project Mineral County, NV The Spring Peak property hosts a very well preserved low-sulfidation epithermal gold system. Only minimal exploration has taken place in the last three decades here, and prior drilling on the project intersected widespread anomalous gold in very short and mostly vertical holes. Since the early drilling, geologic models of epithermal gold systems have advanced greatly and point to untested high-grade bonanza vein targets at Spring Peak. Sinter terrace A’ Greg is an exploration geologist with 20 years experience with major and junior mining companies in Nevada, and internationally. This experience includes exploration, development, and expansion of resources at several major Nevada mines including the Twin Creeks and Lone Tree mines then operated by Santa Fe and the Rosebud mine. He has served in technical Location of Spring Peak project and executive roles ranging from mine site exploration and development to prospect generation, project management, financing, and corporate Gold in rock chips up to 35 g/Au/t Drill InterceptsGreg up to 10 feet @ 1.64 g Au/t leadership. has worked or consulted for many companies, notably, Well preserved low-sulfidation system Harvest Gold, Cambior, Placer Dome, Santa Fe Pacific Gold, and Bar Greg Multiple banded veins is apast President Quartz after bladed calcite and texturesDirector Society of Nevada and an active member Hydrothermal vents community. and breccias of the geologic A Preserved sinter terrace - - - - 19 historic shallow drill holes (avg. 280 ft) Widespread anomalous gold in prior drilling Bonanza vein targets not yet tested Geologic map with structural interpretation, gold in rock chips and historic drill holes (KGC, 2012) Contact: Available for joint venture Robert P. Felder, President & CEO: [email protected] Gregory T. Hill, Vice-President, Exploration: [email protected] 4790 Caughlin Pkwy. # 410 Reno, Nevada USA 89519 Tel: (775) 624-7764 www.kineticgold.com The Future of Discovery A A’ Spring Peak Project Greg is an exploration geologist with 20 years experience with major and junior companies in Nevada, and internationally. This experience As inmining soils, Au in rocks, IP includes exploration, development, and expansion of resources at several Our structural interpretation was built from 185 structural measurements on faults, fractures and veins. Where possible, kinematic indicators were recorded and major Nevada mines including the Twin Creeks and Lone Tree mines then integrated into the model, which indicates that WNW, ENE and NS zones control veins andby anomalous geochemistry. A strong chargeability operated Santasurface Fe and the Rosebud mine.anomaly He has served in technical exists within the WNW trend and may represent an altered (sulfidic?) dike swarm depth. Most ofroles the targets were not tested historic drilling, was and atpredominantly executive ranging fromby mine site which exploration and development shallow, vertical holes. to prospect generation, project management, financing, and corporate 2500 A A’ leadership. Greg has worked or consulted for many companies, notably, Harvest Gold, Cambior, Placer Dome, Santa Fe Pacific Gold, and Bar Greg is a2400 past President and Director Society of Nevada and an active member of the geologic community. 2300 2200 Cross-section A-A’ showing proposed drill holes testing structural (vein) targets derived from current structural interpretation. Near-section historic drill holes are shown Prospect Generators... Nevada focused.. The Future of Discovery Fresh targets. Ely Springs Project Lincoln County, NV Kinetic Gold believes that the platform carbonate terrains of eastern Nevada and western Utah are highly prospective for the discovery of new Carlin-type deposits. The Ely Springs Range lies just to the west of the historic Pioche District (Ag-Pb-Zn), and may represent a distal, gold-rich zone. The targets are hosted within Cambrian and Ordovician carbonate rocks and contain many favorable geologic characteristics supporting the discovery potential for Carlin-style mineralization. Similarities to Long Canyon Au Deposit Shallow water platform carbonate host rocks Solution/collapse breccias at/near Cambrian-Ordovician unconformity Alteration and Au mineralization at limestone/dolomite contacts Presence of jasperoids, zebra dolomite NEVADA Ely Springs Project Location of the Ely Springs project relative to the major gold trends in Nevada Geologic mapping by Kinetic Callinan Generative, 2015 Contact: Available for joint venture Robert P. Felder, President & CEO: [email protected] Gregory T. Hill, Vice-President, Exploration: [email protected] 4790 Caughlin Pkwy. #410 Reno, Nevada USA 89511 Tel: (775) 624-7764 www.kineticgold.com The Future of Discovery Ely Springs Project A A’ B B’ Cross-sections A-A’ and B-B’ showing surface geochemistry and targets for mineralization Project Highlights Gold in rock chips up to 1.93 ppm Au associated with elevated As, Sb, Hg, Tl ± base metals Intersection of N and WNW-trending structural zones with faulting, folding and anomalous Au over 2.5 km. C-O carbonates/unconformity Extensive dissolution/collapse breccia 40 unpatented claims (approx. 800 acres) Southern extension of Battle Mtn – Eureka Trend? Dissolution breccia at Cambrian/Ordovician unconformity Prospect Generators... Nevada focused.. The Future of Discovery Fresh targets. Jupiter Project Nye County, NV Kinetic Gold is committed to exploring for new Carlin-style gold deposits in the platform carbonate terrains of eastern Nevada and western Utah. The Jupiter project comprises a large, exposed gold-bearing hydrothermal system with a known strike length in excess of 5 kilometers, and limited historic drilling. Extensive mineralized jasperoids, folded and thrusted Cambrian-Ordovician stratigraphy, Carlin-suite geochemistry with low base metals and altered felsic dikes represent key prospectivity elements for targeting the discovery of a large Carllin-style gold deposit. Our field-based work has developed several untested, highquality targets. 1. 2. 3. 4. Project Highlights NE Pediment Target Eagle Target East Target Dike Ridge Target 1 4181100N 2 3 Large gold system affecting both Tertiary volcanics and Paleozoic carbonates Widespread Au in rocks, up to 3.1 g/t, with As, Sb, Hg, Tl, and low base metals Complex structural fabric and first identification of thrust fault placing Cambrian over Ordovician New, untested drill targets, including Cambrian-Ordovician unconformity (Long Canyon host horizon) JPBF002 4 Silicified limestone with silica-lined vugs and goethite / hematite, containing 2.1g Au/t, 6.9 ppm Ag, 3740 ppm As, 173 ppm Hg, 169 ppm Sb Contact: Available for joint venture Robert P. Felder, President & CEO: [email protected] Gregory T. Hill, Vice-President, Exploration: [email protected] 4790 Caughlin Pkwy. #410 Reno, Nevada USA 89511 Tel: (775) 624-7764 www.kineticgold.com The Future of Discovery Jupiter Project Drill Targets Utilizing our geologic mapping, sampling and biostratigraphic studies, we have developed a geologic model and several target concepts: Cambrian-Ordovician unconformity targets: Based on conodont age determinations, we have reinterpreted stratigraphic and structural relationships, and now recognize a Cambrian over Ordovician thrust relationship, which bears directly on this target concept. The CambrianOrdovician unconformity, representing a worldwide sea-level low stand with extensive karst development is known to be a regional fluid flow zone and is a key control at gold deposits such as Long Canyon, NV and Gualcamayo, Argentina. This unconformity occurs at potentially shallow depths at Jupiter. The intersection of mineralized structures and the unconformity holds potential for the formation of a large Carlin-style gold deposit. (NE pediment and Eagle targets). Tertiary-Paleozoic unconformity targets: Gold mineralization occurs along and adjacent to the exposed NNE high-angle fault contact between Tertiary volcanics and Paleozoic carbonates in the eastern part of the Jupiter property. Volcanic rocks and carbonates are silicified and mineralized along the contact zone. A significant target exists at the base of the Tertiary volcanic package where fed by high angle mineralized structures (NE pediment and East targets). High angle structural targets: The highest grade samples at Jupiter are associated with EW and WNW high angle structures associated with altered felsic dikes (East and Dike Ridge targets). Past workers reported anomalous results including 1.154 g Au/t over 10 feet in limited vertical drilling. Section 4181100N NE Pediment, East Targets Eagle Target Prospect Generators... Nevada focused.. The Future of Discovery Fresh targets.