Land, Tenure and History

The McCoy-Cove Property is comprised of 27,518 acres of mineral claims (unpatented and patented) within Lander County, located some 32 miles south of the Town of Battle Mountain, Nevada.

Gold was first discovered in the McCoy Mining District in 1914 by Joseph H. McCoy, with total production through 1977 of about 10,000 ounces of gold and minor quantities of silver, lead and copper.

In 1985, Tenneco undertook drilling metallurgical testing and engineering/feasibility studies which lead to mining at McCoy in 1986. Echo Bay Mines continued the systematic exploration initiated by Tenneco, which lead to the discovery of the Cove deposit in 1987.

Cove was mined by Echo Bay Mines Ltd. (Echo Bay) between 1987 and 2001, and produced 2.6 million ounces of gold and 100 million ounces of silver. McCoy was mined between 1986 and 2001, and produced approximately 0.88 million ounces of gold and 3.0 million ounces of silver.

Recent discoveries made by Victoria Resources in 2006 and Premier Gold since 2012 on the both the neighbouring Cove Project and the McCoy-Cove project highlight the significant potential that exists at depth, within structures and horizons previously discounted as less prospective and having received little systematic evaluation with modern exploration methods.