Lander County, Nevada
Work to Date:
- The Grass Valley Project is located 90 km (55 miles) southwest of Carlin in Lander County, Nevada, along the western side of Grass Valley, approximately 16 kilometres (10 mi) south of Barrick Gold Corp.’s Cortez Pipeline property, one of the world’s largest and lowest cost gold mines.
- NGE identified the Grass Valley target in 2012 during a hydrogeochemistry sampling program completed as part of a generative Exploration Agreement with McEwen Mining.
- Since acquiring the Grass Valley Project, McEwen Mining has advanced the Project by: collecting rock, soil, and vegetation geochemistry samples; mapping the exposed range front geology in the context of the regionally important structural controls; completing a detailed gravity geophysics survey; and acquiring and reprocessing historic seismic geophysical data.
- The combined exploration dataset has confirmed that this Project represents a compelling new gold exploration target with significant upside in a region of Nevada known for large, world class gold deposits.