Hi Al, I went out to Reno in June for an Annual Meeting on a Nevada Resource picked up by AIVM and the website just announced its true value this weekend, it is in line with the Nevada Jaba Site I toured the Bullfrog in Beatty while looking for Tram Ridge and Providence ( www.jaba.com -properties )as I got lost...worth a read on value of NV Gold in this time of GOLD ROCKETING we all hope for ...continue the line from Bruner Deposit to Beatty in equal more distance to the South and the claim I have just said in my NAME shows up in Goodsprings NV, plug in the words BOSS MINE NEVADA and read what the search engines say about the history. SEE nbmg.unr.edu Also read the AIVN Website, ( a USA company with some CN Vending in with Deposits )( aivn.net *)and of couse my "chucka" pix site with a password of regency at
photoisland.com
The Geology of Walker Lake I drove next to and HASD to stop was compelling IN JUNE ...Sililar as to south NV in Clark Co as I have claims interests in 2 locations in Clark Co- Key West and Jean.
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Bruner Property The Bruner property is located in Nye County Nevada in a region known as the Walker Lane gold belt, approximately 120 miles east-southeast of Reno and 25 miles northeast of Gabbs, Nevada. The project is a quartz-adularia gold-silver system hosted in volcanic rocks similar to the FMC (Meridian Gold) Paradise Peak Mine and, to a lesser extent, Kennecott’s Rawhide Mine and Echo Bay’s Round Mountain Mine. Gold at Bruner is reported to occur as free gold in veins and lesser stockwork vein zones.The Bruner Project consolidates a number of small mines that operated between 1935 and 1944. Historically, gold was mined from high grade veins using underground mining methods. Production estimates from the district vary, however, estimates from data compiled from the Nevada Bureau of Mines (Nevada Bureau of Mines and Geology Bul.#99 pp64-67, 1984) indicates some 55,587 equivalent gold (gold + silver) ounces were produced at an averaged recovered grade of 0.56 oz/ton gold equivalent. The largest producer at Bruner was the Penelas Mine that operated from 1935 to 1942. The U.S. Bureau of Mines reports that 25,998 ounces of gold and 119,736 ounces of silver were recovered from 81,116 tons mined, yielding an average grade of 0.321 oz per ton gold and 1.476 oz per ton silver, respectively. From 1978 to 1985 the property was controlled and operated by a local prospector-miner until optioned to Miramar Mining Corporation in 1988. From 1998 to 2002, Miramar optioned the property to a number of exploration companies including Kennecott, Newmont Exploration Ltd., Viceroy/Olympic and NewGold Inc. Exploration efforts by the various companies include geophysical and geochemical surveys, geologic mapping and completion of 138 drill holes. During this time Miramar purchased the options to the patented and unpatented claims that comprise the Bruner project as it is today. In July of 2002, American International Ventures, Inc.(AIVN) purchased the Bruner project from Miramar Mining Corporation.
Exploration drilling at Bruner delineated a bulk minable gold resource in the vicinity of the old Duluth mine as well as gold mineralization at other areas on the property. Several estimates were prepared for the Duluth-July resource at various stages of project development. The last estimate by Miramar Mining, prepared by John Shilling* in 1991,was based on 19 sections using drill intercepts from 37 drill holes together with underground and surface sampling to verify and project mineralized zones. The Shilling estimate reports 14,988,317 tons with an average grade of 0.026 opt for a total contained 383,114 ounces gold. AIVN has recently obtained the reports and data used to derive this estimate and have found additional reports that recommend additional drilling in the Duluth resource area. According to these reports, the resource could be "substantially increased" should the drilling be successful. Also included are recommendations for targets with high grade underground potential that, to date, have not been tested. The last resource estimate for Bruner was in the announcement (reported by Gilmore, 1999) by NewGold Inc. of 18,642,462 tons with an average grade of 0.28 opt yielding 521,989 total contained ounces of gold. AIVN is attempting to acquire this data to confirm the NewGold estimate. Given the established resource and additional target areas available on the property, it is not unrealistic to expect the final resource at Bruner to exceed 1 million ounces
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P.S.-
LONG GOLD is the PICK play for any late guys that show up to place a UNDER *( or over $3 pick today )
I also went to Gabbs and did not get lost Laughts...
Chucka |
