Proceeds from the investment will be used for exploration and development activities on these properties. According to Riley Gold, this investment would allow for various workstreams, including continued exploration at PWC.
Located in Lander county, approximately 80 km southwest of Elko, the PWC project includes 24.7 sqkm of unpatented mining claims and patented lands adjacent to properties controlled by Barrick and Newmont’s Nevada Gold Mines joint venture. Historical drilling on the property – which began in the early 1990s – returned results of 2.59 g/t gold over 4.6 metres, including a high value of 3.84 g/t gold.
The Tokop project is located on the prolific Walker Lane trend in Esmeralda county, approximately 80 km south of Tonopah. The land package spans over more than 31 square kilometres, with a number of deposits currently being developed or mined nearby.
“We are extremely pleased to have Osisko endorse and…
