Gold and silver company Nevada - Infield Minerals
Gold and silver company Nevada - Infield Minerals

M1 PROJECT

DESPERADO

BANDIT

HIGHLIGHTS

  • The Mizpah mineralized zone hosts a 500 metre by 300 metre open-ended sediment-hosted gold system with potential for expansion
  • Historical Mizpah drilling results1 include:
    • 2.14 grams per tonne (“g/t”) gold over 10.7 m (from surface; MZ-049)
    • 2.67 g/t gold over 7.6 m (from 19.8 m; MZ-104)
    • 1.19 g/t gold over 21.3 m (from 3.0 m; MZ-87-032); including 2.69 g/t gold over 7.6 m
    • 1.51 g/t gold over 16.8 m (from 3.0 m; MZ-87-048); including 2.20 g/t gold over 10.7 m
    • 1.87 g/t gold over 13.7 m (from 30.5 m; MZ-87-052); hole ended in mineralization (10.01 g/t gold in a 1.5-m sample)
  • Large magmatic-hydrothermal footprint with reactive carbonate host rocks is favourable for additional discovery
  • Easy logistics with established infrastructure, accessible road network traversing the Property, local mining culture and skilled workforce in Utah
  • Adjacent to multiple historical mines, including the past-producing open pit Drum mine

PROPERTY DETAILS

  • Location: Millard & Juab Counties, Utah
  • Access: Road accessible
  • Tenure: ~5,115 acres of primarily metalliferous minerals leases with the State of Utah (SITLA) and minor unpatented mining claims (BLM)
  • Ownership: Option to acquire 100% interest

The Detroit project is a compelling exploration opportunity within the Drum Mountains region of western Utah, situated approximately 65 kilometres northwest of the Company’s Kings Canyon property and 160 kilometres southwest of the Bingham Canyon mining district (Figure 1). Approximately 5,115 acres of primarily metalliferous mineral leases with the State of Utah (The School and Institutional Trust Lands Administration) and minor unpatented mining claims (Bureau of Land Management) comprise the Property. The Property is located within a vast desert landscape characterized by modest topography and excellent infrastructure, including direct road access from Delta, Utah – less than one hour drive from the project site. This strategic location enables Infield to leverage significant cost and logistical synergies with the Kings Canyon project.

Figure 1: Property location map showing base and precious metals mining districts

HISTORY

Mining history in the Drum Mountains dates back to the late 1800s when gold, copper and manganese were extracted from the area2. Metal endowment in the district is showcased by the Mizpah sediment-hosted gold system at the Property, a nearby open-pit past producer (Drum gold mine), as well as numerous small-scale base and precious metal mines (Figure 2). The Drum deposit historically produced 3.2 million tonnes of oxide ore grading 1.23 g/t gold3.

GEOLOGY & MINERALIZATION

The Property hosts the Mizpah zone, a sediment-hosted disseminated oxide gold deposit with excellent continuity, located only two kilometres north of the past-producing open pit Drum mine. The open-ended mineralized footprint at Mizpah is defined by shallow drilling that measures approximately 500 metres by 300 metres (Figure 3). Historical drilling results in the Mizpah target area range from below detection to 10.01 g/t gold, with highlights including: 10.7 metres grading 2.14 g/t gold from surface in hole MZ-049; 7.6 metres grading 2.67 g/t gold from 19.8 metres downhole in hole MZ-104; 21.3 metres grading 1.19 g/t gold from 3.0 metres downhole in hole MZ-87-032, including 7.6 metres grading 2.69 g/t gold; 16.8 metres grading 1.51 g/t gold from 3.0 metres downhole in hole MZ-87-048, including 10.7 metres grading 2.20 g/t gold; and 13.7 metres grading 1.87 g/t gold from 30.5 metres downhole in hole MZ-87-052 with the hole ending in a 1.5-metre sample grading 10.01 g/t gold4.

Figure 2: Detroit property map

The Detroit property exhibits strong geological potential that is characterized by a highly reactive package of host rocks overprinted by hydrothermal systems. Extensive alteration across the Property includes silicification, argillization, marblization, as well as gossan zones. The existing database includes over 200 historical drill holes, rock and soil sampling, ground magnetics and induced polarization geophysics.

Figure 3: Mizpah prospect cross-section showing historical drilling

QUALIFIED PERSON

Technical information on this website has been reviewed and approved by Andrea Diakow, P.Geo., a geological consultant and a Qualified Person as defined by National Instrument 43-101.

The potential quantity and grade of mineralization described herein is conceptual in nature as there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in targets being delineated as a mineral resource.

1,4 Historical drilling results noted were collected by a third party (Western States Minerals Corp. and Western States Mining Inc.), independent from Infield, and analysed by fire assay at Barringer Laboratories Inc. in 1987. No quality assurance / quality control information is available, and Infield has not verified the historical drilling results. The reader is cautioned not to treat the historical results as current and that a qualified person has not done sufficient work to verify the results and that they may not form a reliable guide to future results. The Company considers the historical results to be relevant and the results are provided for information purposes only and may be used as a guide to plan future exploration and drilling programs. True thicknesses of the mineralized intervals have not been calculated, but are estimated to be ≥90% of the drilled interval.

2Crittenden at el., 1961, Manganese Deposits in the Drum Mountains, Juab and Millard Counties, Utah, Contributions to Economic Geology, Geological Survey Bulletin 1082-H.

3Berger, V.I. et al., 2014, Sediment-hosted gold deposits of the world: Database and grade and tonnage models, USGS Open-File Report 2014-1074.

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Gold and silver company Nevada - Infield Minerals