Alpine personnel have a large history of association in Nevada and were pivotal in the discovery of the 2.3 million ounce Long Canyon deposit. Discovery of Long Canyon (LC) demonstrated that significant gold deposits occur outside of the established gold trends in NevadaLC discovered in an area once thought of as not highly prospective – but the discovery has defined a new gold trend.This has created a new paradigm for gold exploration in Nevada that opens up large parts of Eastern Nevada and western Utah as prospective for Carlin type gold depositsNot all the big gold deposits are located on the establish gold trends!
Oakdale Resources Limited (ASX: OAR) has signed a Binding Option Term Sheet with Alpine Resources (USA) Pty Ltd (“Alpine”) for the acquisition (through its US subsidiary Alpine Metals LLC) of its Alpine Project incorporating the Tonopah North, Douglas Canyon and Lambarson Canyon Projects in Nevada, USA (“the Projects”). The Projects are targeting Carlin and epithermal type million plus ounce deposits in Northern and Southern Nevada, USA.
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