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• Strategic (W-Rb-Sb) plus precious and base metals (Ag-Cu-Pb-Zn)
• Historic production near 1.0% WO3 among highest grade world-wide
• Possibly the only significant Rb source in US
• Potential to define largest US W resource
• Multiple deposit types including Porphyry, Skarn, and CRD
• Bonanza grade Cu-Ag-Sb (1-4% Cu, 500-1,500 g/t Ag, 0.2-0.5% Sb) at the Antelope mine has not been tested
• Tungsten, Rubidium, and Silver-rich tailings/waste dumps require further scoping and metallurgical studies
• Sample grades suggest significant WO3, Rb and Ag potentially present in tails
• Potential to add significant shareholder value via reclamation and processing
The Eagle Project presents a unique opportunity to delineate one of the largest and highest-grade Tungsten and Rubidium districts in the United States. The project consists of the past-producing high-grade Tungstonia (W) and Rees/Antelope tungsten (W-Cu-Ag) mines. Operations at these mines were from 1915 to 1942 with intermittent small-scale production occurring until 1956. Tungsten production from these two mines totaled 8,379 units at grades between 0.6%-0.9% WO3 (1)
The Project is ~20 km² in size and located approximately 75 miles northeast of the town of Ely, in the Kern Mountains of White Pine County, Nevada. The project covers 4,936 acres consisting of 244 Bureau of Land Management (BLM) unpatented lode mining claims.
Three deposit types are present at Eagle; Porphyry, Skarn, and Carbonate Replacement (CRD) that contain significant or anomalous grades of Tungsten (W) and Rubidium (Rb) plus Cu-Ag-Sb±Au-Pb-Zn-Bi-As across three project focus areas that includes the potential to recover W-Rb-Ag from the legacy Tungstonia Mill Tailings.
(1) Nevada Bureau of Mines and Geology (1988), Bulletin 105 p213-217
