Nevada: Blackjack

Blackjack Property

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Location

  • Yerington, Central Nevada, USA

Target Commodity

  • Copper ± Gold  ± Molybdenum

Property Size

  • 400 claims for approximately 7,000 acres.
  • The core claims are an option to earn 100% subject to a 3% NSR.
  • This is called the “Black Jack Property”

Stage of Development

  • Early Stage Exploration

Current Work Program

  • Diamond drilling after some additional ground geophysics, geochemistry and alteration mapping.

Potential

  • Porphyry copper, oxide copper deposit

Net Ownership

Option to acquire 100% subject to a 3% NSR.

JV/Strategic Partner

  • None

Operator

  • HoneyBadger Exploration Inc.

Most Recent News Release

  • None

Additional Reports

Nevada1

Property Ownership

The Blackjack Property contains 400 claims for approximately 7,000 acres of prospective ground.  The claims are an option to earn 100% subject to a 3% NSR.  

Property Description

The Blackjack property is part of the Yerington West Project  located approximately 8 miles west of the town of Yerington and 45 miles southeast of Reno, Nevada. It lies within the historic Yerington porphyry copper district and the site of the Yerington copper mine which produced approximately 2 billion pounds  copper at a grade of 0.55% between 1953 and 1978. The Yerington West Project lies 2 miles northwest of the Ann Mason deposit, 5 miles west of the old Yerington pit, four miles southwest of the MacArthur copper oxide deposit and thirteen miles northwest of the Pumpkin Hollow skarn and porphyry deposits.

Property Geology and History

Underlying the project, the Jurassic aged Yerington batholith consists of various granitoids ranging from gabbro through granite that intrude a series of Mesozoic sedimentary and volcanic rocks as well as a  coeval volcanic pile. The last major intrusive unit and the principal phase associated with copper  mineralization is the Luhr Hill granite .  During crystallization of the Luhr Hill granite, a series  of cupolas and associated dike swarms formed along upper rock/magma contact.  These cupolas  are the source of porphyry copper mineralization. Four separate cupolas and related dike swarms  have been discovered and explored: Yerington, Ann Mason, MacArthur, and Bear-Lagomarsino.

Mid-Tertiary extension has rotated and dismembered Tertiary and older rocks throughout the district, including all of the Jurassic hydrothermal centers. Individual fault blocks have been rotated up to 90 degrees providing multiple Jurassic cross sections in modern day plan view.  Scientific research combined with decades of exploration within the tilted blocks provides a three dimensional view of the magmatic and hydrothermal systems and as well as well-constrained exploration opportunities. The recognition of Mid-Tertiary extension and detailed alteration mapping by Anaconda geologists directly led to the discovery of the Ann Mason deposit (495Mt @ 0.44% Cu) under Tertiary volcanic cover rocks After Anaconda closed down in the mid-1980’s, little exploration was carried out in the district until the early 2000’s.

Work Completed

Parts of the Blackjack have been prospected and sampled, a multielement soil geochemical survey carried out. The Company completed flying a high-resolution magnetic and time-domain electromagnetic (TEM) airborne survey over its Yerington West project in Q2 of 2008.  A total of 1,321 line kilometers were flown at 100 meter spacing with a fixed-wing aircraft utlizing the GEOTEM time-domain EM system.

Current Work Program

A 3D interpretation of the EM data is currently being reviewed.  Diamond drilling after some additional ground geophysics, geochemistry and alteration mapping is being planned.

 

Stock Info

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