The Clover Property
The Clover Property is located in the historic Midas Mining District
has been producing gold and silver since the early 1900s, and is 16 km west of Hecla Mining Company’s Midas Mine, the largest known gold-silver epithermal deposit along the Northern Nevada Rift. Mineralization at the property is classified as low-sulphidation, vein-hosted, epithermal gold mineralization similar to that found at the Midas deposit as it is found within a similar geologic setting.
Property and Ownership
The 100% owned Clover Property consists of 169 non-contiguous, unpatented mining claims covering 3,063 acres in Elko County, Nevada. The property is situated on BLM administered lands in the Midas Mining District, approximately 15 kilometres southwest of the town of Midas, 68 kilometres northeast of Winnemucca and 240 kilometres northwest of Elko. Hecla Mining Company’s Midas Mine is located 16 kilometres to the east of the Clover Property.
Property Geology and Mineralization
The Clover Property is located in the historic Midas Mining District, which has been producing gold and silver since the early 1900s, and is found along the northeast trending Getchell Trend that bridges the northwestern ends of the Carlin and Battle Mountain Trends and contains Nevada Gold’s active T urquoise Ridge Mine, the third largest gold mine in the United States with 537,000 ounces of gold production reported in 2020, as well as the T win Creeks open pit mines and the dormant Pinson and Getchell mines. The Getchell Fault, one of the most prominent structural features of the region, generally strikes north-south to north-northwest, and plays a significant role in controlling mineralization and the distribution of rock types.