Our chief endeavor is to identify underexplored mineral assets that have strong potential, perform exploration work needed to prove those resources, and to advance the resources to reserves and production through proper and environmentally sound development.
Island Mountain Gold Property, Island Mountain District, Elko County, Nevada, USA
This gold-silver property in northern Elko County in northeastern Nevada is our most advanced property. TUVERA currently holds 65% ownership in the property under the option agreement on the property. Historical drilling (330 drill holes from 1982-2004) and more recent activity by TUVERA (six core and 27 RC drill holes) has progressed to the point that approximately 32,000 ounces Indicated and 385,000 oz Inferred gold resources (NI 43-101 compliant) have been estimated. One of the largest historic placer deposits in Nevada (approx. 40,000 oz produced), along Coleman and Gold Creeks, was located immediately downstream of the Island Mountain project area.
The East Canyon project is located on the Utah-Nevada border, 40 miles north of Wendover, Utah (or 4 miles southeast of Tecoma, Nevada). A NI 43-101 compliant Technical Report by QP Harald Hoegberg of Denver, CO was completed in April 2012 for the property. The property is at the northeastern end of the highly prospective Long Canyon Trend of gold deposits in northeastern Nevada and northwestern Utah. East Canyon is prospective for gold, silver, copper, lead, and zinc in altered and metamorphosed sedimentary rocks within the current land holdings.
The Blair silver-gold property was acquired by ARNEVUT Resources Utah (ARU) in May 2013. It is in southwestern Utah in the Antelope Range mining district west of St, George, Utah. Both silver and gold mineralizations are known from past-producing small underground mines and historical drilling, but no NI 43-101 compliant resources have been established yet. There also are base metal trends within the district and property.