Lander County, Nevada
A Carlin-Type Gold Deposit
The 100% owned Turquoise Canyon property (formerly the Bald Mountain property) consists of 188 unpatented claims totaling 3,872 acres located along the Battle Mountain-Eureka Trend, 16 kilometres south of Barrick Gold Corp.'s Cortez Mine Complex (23 million ounces of gold), and nine kilometres west of its newly discovered Gold Rush deposit (7.0 million ounces of gold) and 1.5 kilometres east of the Toiyabe Mine, a Carlin type gold deposit that produced 89,000 ounces of gold in the 1990s.
The target at Turquoise Canyon is a Carlin-type deposit in the lower plate carbonate rocks underlying the Roberts Mountain Thrust. Sundance conducted induced polarization, gravity and ZTEM surveys, which have traced the Roberts Mountain Thrust under the Turquoise Canyon property. A gravity high and anomalous conductive/polarizable anomalies at the southwest corner of the property are high priority drill targets. Six other potential drill targets were interpreted from two induced polarization/resistivity lines run over the property. All geophysical surveys indicate that the target lower plate carbonate rocks are within 200 metres of the surface in the southwest portion of the claim block. An initial 100 m block interpretation of the ZTEM survey indicates an antiformal conductive horizon in the subsurface along the Roberts Mountain Thrust.