NEEDLES, NEVADARound Mountain – Exploration ModelThe Kinross operated, 15Moz low to moderate grade (1.5 – 2.5 g/t Au) gold-silver deposit at Round Mountain, Nevada provides the most appropriate exploration model for the Needles Property.The gold and silver bearing hydrothermal fluids that created the Round Mountain Deposit were controlled by permeability in Tertiary volcanic rocks and related structures.Sub-horizontal impermeable volcanic units acted as a trap, concentrating the Au-Ag beneath them within permeable tuffs and in cross-cutting fractures.The Needles Property, 100km to the southeast of Round Mountain, contains similar sub-horizontal volcanic units of the same age and has a similar structural setting.
ARO Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
