Rye-Goldbanks

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Overview

Premier is currently earning a 100% interest in the Rye Property under option from Barrick Gold.  The Company also holds an option with Kinross Gold to earn up to a 50% interest in the adjoining Goldbanks Property. 

The Rye-Goldbanks district hosts a low-sulfidation epithermal system hosted within an alteration footprint in excess of 36 km2. Current exploration is focused on the potential for high-grade vein mineralization proximal to previously delineated shallow low-grade gold mineralization.

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Location

The Rye-Goldbanks properties are located on federal land in Pershing County, Nevada, 50 kilometres south of the town of Winnemucca. Access to the property is year-round via well-maintained county roads.

 

Pershing County, Nevada

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Geology

Situated along the prolific Northern Nevada Rift (NNR) structural trend, exploration is focused on a Miocene low-sulfidation epithermal system. Mineralization includes large, low-grade siliceous gold mineralization with sporadic, high-grade gold mineralization associated with banded, epithermal, quartz veining, and siliceous hydrothermal breccia zones.

 

 

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Reserves & Resources

 

Goldbanks Mineral Resource

 

Technical Reports

  • Amended Geological Report for the Goldbanks Property, Pershing County, Nevada (April 20, 2010)Download

 

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