Bonanza grade epithermal veins recently released for exploration
Location
The Firenze project consists of 90 claims located 170 kilometres east of Reno, Nevada. The property was released from a Wilderness Study Area in December 2022 by an act of Congress after more than 40 years in that designation and is now located on BLM ground with no conservation restrictions.
Overview
Firenze contains a system of up to 1.5-metre-wide precious metal rich epithermal veins outcropping over 1.5 square-kilometres. At surface, these veins display classic epithermal textures with banded quartz and adularia returning up to 9.3 g/t gold and 1250 g/t silver. Dump samples from limited artisanal production in the 1860s returned values of up to 44.0 g/t gold and 534 g/t silver, 22.5 g/t gold and 1825 g/t silver, and 17.7 g/t Au and 97.8 g/t silver.
The generally west-northwest trending veins are hosted within the tuff of Elevenmile Canyon tuff a sequence of Oligocene aged intra caldera volcaniclastics. These variably welded tuffs display localized silicification and argillization at surface associated with elevated gold and anomalous mercury, arsenic, antimony, and lead indicating the potential for disseminated gold mineralization on the property.
The gold bearing veins at Firenze and associated alteration, including the strongest illite signals, likely continue under shallow post mineral cover to the east beneath which the system remains open ended.