The past producing Illipah gold project, located in White Pine County, Nevada is approximately 36 km northeast of the Gold Rock project at the southern end of the prolific Carlin Trend. The Illipah gold project covers approximately 1,600 hectares (3,950 acres) and hosts a former heap-leach gold mine that produced 37,000 ounces of gold in the late 1980’s at an average grade of 1.37 g/t gold and heap leach recoveries of over 80%. The geological data set for the project is extensive and includes 562 primarily reverse circulation drill holes, as well as 2,415 soil samples, 491 rock samples and detailed surface mapping.

The primary controls on mineralization include a north-south trending anticline (as at Gold Rock) as well as north-south, north-northeast and west-northwest oriented faulting. Typical Carlin-style alteration, including decalcification, silicification, jasperoid, is strongly developed along all these structures, as are anomalous concentrations of typical pathfinder elements such as arsenic, antimony, and mercury. Gold was mined primarily from the Chainman Shale – Joana Limestone contact as at Gold Rock, but the highly prospective Pilot Shale – Devils Gate Limestone contact has also been intersected by drilling. This latter contact hosts the gold mineralization at the Pan Mine, as well as at Nevada Gold Mine’s Rain Mine, which produces over one million gold ounces between 1988 and 2018.

Illipah is an early stage exploration project but given its proximity to the operating Pan mine, Illipah could act as a spoke for a larger hub-and-spoke operation centered around Pan and Gold Rock in Nevada.