IRON POINT, HUMBOLDT COUNTY, NEVADA

Iron Point Highlights
 

  • 100% controlled, early-stage gold exploration project on Battle Mountain – Eureka Trend near Interstate 80 and significant gold deposits at Lone Tree, Pinson, Marigold, Twin Creeks and Getchell
     
  • Covering more than 1,600 acres, the Iron Point property contains visually striking evidence of hydrothermal alteration along with large areas of anomalous surface geochemistry; factors that have attracted considerable exploration interest in the region
     
  • Historic mine workings provide evidence of past exploitation of small, near-surface precious metal deposits
     
  • Primary objective at Iron Point is the discover of high-grade, carbonate-hosted gold mineralization at depth – upper plate/lower plate geology
     

Nevada Sunrise Gold Corp has assembled a group of properties covering 2½ square miles (648 hectares) in the heart of the Iron Point mining district.  The project area is located just a short distance off US Interstate 80 between Elko and Winnemucca, Nevada.  Major mines within a 25-mile (40 kilometer) radius of Iron Point (Lone Tree, Getchell, Twin Creeks, Pinson, Marigold) represent more than 30 million troy ounces (mined and un-mined) of gold.  Iron Point sits at the general intersection of the northeast-striking Getchell trend, the northwest-striking Battle Mountain-Eureka trend, and the general north-south rifted margin of ancestral North America.

Iron Point contains visually striking areas of hydrothermal alteration and large areas with anomalous surface geochemistry.  These two factors have attracted considerable exploration interest to the area over the past two decades.  The near-surface mineralization encountered on the property to date has not been economically viable to mine.  Instead, the real potential of the property is for discovery of high-grade, structurally-controlled, carbonate-hosted gold mineralization at depth. 
 
The compelling geologic story defined by previous exploration is that:

(1) The surface is marked by strong geochemical enrichment in gold and all pathfinder elements,  numerous small shafts and historic mine workings explored and exploited small precious metal deposits.

(2) There are favorable carbonate host rocks at depth on the property.

(3) Igneous dikes and sills of varied composition intrude the sedimentary rock package with a distinct northwest orientation.

(4) There are deep faults that have demonstrably served as conduits for mineralizing fluids.

(5) The complexity of the near-surface geology may hide potential at depth. 

NSGC has already acquired and is in the process of compiling an extensive database of exploration information into a Geographic Information System (“GIS”).

The objective at Iron Point is the discovery of high-grade carbonate-hosted gold mineralization, with the potential to contain millions of ounces of gold.  The geology of the area is complex; the geology at depth often cannot be readily inferred from that exposed at the surface.  Thoughtful integration of multiple deep-sensing geophysical surveys – gravity, magnetics and electrical methods – coupled with deep-sensing gas geochemistry, will be used to define geologic targets.  These will be tested by deep drilling. 

View our Prospectus
(See page 43)