RIMROCK PROJECT
• One of the largest gold producing districts in the world
• Low political risk
• Strong push for junior mineral exploration in the area due to major gold producers aptitude to acquire land/projects along mineralized trend
• Ranked 1st out of 83 jurisdictions in Fraser Institute’s 2018 Worldwide Survey of Mining Companies for Investment Attractiveness
Rimrock Project – Regional Location
Project within the Elko Mining District of Nevada, near larger of cities of Carlin and Elko Two major gold trends in the district
• Carlin Trend World class prolific area of Carlin Type (Sediment hosted) gold systems, with multiple mines having indicated resources of +20M oz of Au
• Midas Trend Epithermal high grade gold with low sulfidation
Mineralization at Rimrock Project
• Rimrock Project is a multi-target gold/silver system, with potential for shallow epithermal systems and deeper Carlin Type deposits
• Epithermal systems (Hollister Style)are low sulfidation, high grade gold deposits, which are fault bounded in the upper geological sequences, with gold being piped up to the surface alongside mercury
• Carlin Depositsare formed alongside the mudstone formation, surrounding the faults which have allowed for the extensive hydrothermal circulation
Rimrock Project – Regional Location
Rimrock Property proximal to previously operating mines
• Hollister Mine(2 Million Oz of high grade gold)
• Midas Mine(3 million Oz of high grade gold and 25 million oz of silver)
Rimrock Project – Regional Targets
Dilation Target
• ”Rhombochasm” Dilation Zone
• Pipe-like structural zone interpreted to lie alongside major fault, with intersection of a small historic mercury mine
• Mineralization proven in the shallow subsurface occurring in an epithermal system similar to Midas/Hollister mines
Ivanhoe Creek Target
• Geophysically identified domal uplift of the Paleozoic Basement
• Favourable for formation of Carlin type deposits
Rhombochasm Dilation – Regional Target
• Geophysical defined Open Pit/Underground Midas-style gold & silver targets at surface and at depth
• Several smaller regional faults within overall zone could host Midas-style gold-silver mineralization
• Overall structural fault corridor measures approximately 100m wide and 2000m long, with geophysical anomalies favourable for hosting mineralization
Ivanhoe Creek – Regional Target
• Within large scale NW-SE Carlin Trend
• Domed anticlinal Paleozoic rocks outcropping at surface
• Geochemical data from drill core samples display enrichment in tungsten associated with known gold/ silver mineralization, suggesting a Carlin Deposit feeder system at depth
Ivanhoe Creek Target
• Geophysical data from the Ivanhoe Creek Area, identifying geological structures of interest, including uplifted basement block suggesting possibility for a Carlin deposit at depth
• Drilling within target zone assayed up to 262 g/t silver and 1500 g/t tungsten
Rimrock Project – Exploration Plan
2020 Field Program
Exploration on large scale targets including
• Detailed Geological Mapping
• Geochemical Analysis of grab samples
• 3D Geological Modelling, defining drill Targets Diamond Drilling planned for Q2 2021, completing drilling on targets produced by 2020 Field Program
