In the Heart of the Famed Cortez Gold Trend
Gold Bar North (GBN) is a highly prospective gold exploration property. GBN consists of 49 unpatented lode mining claims situated in Eureka County, Nevada, in Sections 29, 30, 31, and 32, Township 23 North, Range 49 East, and Sections 5 and 6, Township 22 North, Range 49 East, Mount Diablo Base Line and Meridian. The only financial obligation required to maintain these claims are the annual federal and county fees.
GBN is on line with the Gold Bar and Mill Site gold deposits located within the permissive carbonate Gold Bar horst farther to the south. The Gold Bar deposit was composed of 3.95Mt at a grade of 2.95 g/t with a 1.5-to-1 waste-to-ore strip and 90 percent gold recovery in an oxide CIL mill. Gold Bar was mined out by Atlas Corp. from 1987-1992. The geology/stratigraphy of GBN is very similar to that of both Keystone and Gold Bar.
U.S. Gold Corp acquired Gold Bar North (GBN) on June 30, 2017
GBN is 49 unpatented lode mining claims
Regional data show a clear linear gravity and magnetic connection of Gold Bar North to both Keystone and the Gold Bar horst which hosts the Gold Bar gold deposit to the South
Apparent strong regional structural tie-in of GBN with Keystone to the North and the Gold Bar deposit to the South
Gold Bar North represents a horsted, shallow target opportunity within permissive Devonian host rocks that correlate with the same permissive calcareous-siltstone Devonian Horse Canyon and limestone Wenban Formations that are exposed and are currently being drilled at Keystone