arc3  14 days ago

# Confidential: Large Gold Placer Target Summary

Target Overview
- Total area: 118,000 acres
- Comprises three enriched pay zones

## Pay Zones
1. Zone 1
- Area: 38,400 acres (60 square miles)
- Estimated gold concentration: ~1 gram per ton

2. Zone 2
- Area: 21,120 acres (33.2 square miles)
- Estimated gold concentration: ~1 ounce (28.35 g) per ton

3. Zone 3
- Area: 1,344 acres (2.1 square miles)
- Estimated gold concentration: ~5 ounces per ton

## Geological Context
- Located within a Middle Jurassic volcanic and intrusive complex
- Characterized by basaltic lavas and volcanic fragments
- Underlying and intruding gabbroic rocks
- Presence of extensive mafic dikes

## Regional Context
- Surrounded by several prosperous gold mines
- ~40 nearby mines with >1 million ounces gold reserves
- Historical small-scale operations yielded ~150,000 tons of ore (avg. 1.20 oz gold/ton)
- Estimated historical regional gold production: ~40 million ounces
- 163,000 ounces produced in 2000

## Project Terms
- $5M budget for acquisition: 5900 claims @ $850/claim (approx.)
- $5M budget for exploration & NI 43-101 report
- Investor receives 25% working interest for funding CAPEX
- Potential bank financing after NI 43-101 report

Note: Location details have been anonymized for confidentiality.