ID, USA
Monument Peak
Sediment-hosted stratabound copper-silver +/- gold
The Monument Peak Project is an early stage high grade copper, silver, and gold VMS accessible by road approximately 20 km east of Salmon, ID.
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The Project falls within the major metallogenic province associated with the Trans-Challis Fault System; with a long historic of both hard rock and placer gold mining. Placer operations downstream from the property resulted in 39,699 oz Au and 4,007 oz Ag from 1901 to 1918.
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The property consists of 1380 acres and contains the historical Jackson and Hungry Hill Mines. Mineralization occurs along 3,200 + m strike and is 3 to 6 + m in places and has "unusual continuity" (Mitchel, 1972). Mineralization occurs in four main locations:
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The Jackson Mine (located in the center of the property) is the location of the majority of the historical work. Samples in this area contained up to 4.3 g/t Au, 55 g/t Ag and 6.5 % Cu (grab).
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Rock samples at the gold/silver rich North Showing contained up to 57 g/t Au, 247 g/t Ag and 0.57 % Cu (grab).
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At the Anderson Occurrence (located along trend to the south of the Jackson Mine) rock sample contain up to 1.2 g/t Au, 49 g/t Ag and 3.1% Cu (grab).
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The Hungry Hill Mine is located ~2 km east of the main trend. A 15 ton mine sample shipment contained 0.44 g/t Au, 29 g/t Ag and 24% Cu including 2.4 m of 17% Cu.
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