Projects

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TSX-V: NKG
OTCQX: NKGFF

Iron Point

Large shallow vanadium system; in search of deep carlin style gold system

POTENTIAL DEPOSIT TYPE :
Lone Tree (4M oz Au), Twin Creeks (12M oz Au), and Turquoise Ridge (16M oz Au)

Vanadium

The deposit consists of two near-horizontal mineralized horizons that are amenable to open-pit extraction.

Primary vanadium mineralization hosted in Upper Plate siliclastic rocks occurs slightly above and west of the Iron Point gold zone, following a NNW trend that is at least 1600m long and 600m wide.

The company is currently working towards publishing a maiden NI 43-101 resource and a Preliminary Economic Assessment

*Denotes unknown true-thickness of mineralized drill intercept

Gold

Historical drilling defined a 7km-long mineralized shear zone.

Best hole (96IIPDDH-3) drilled by Aur Resources in 1996 hit aggregate of 27.4m grading 1.163g/t Au, including 3m grading 6.37g/t starting at 180m depth (NI 43-101 non-compliant).*

In 2019, core hole VM-8C hit low grade gold mineralization in silicified lower plate thin-bedded “dirty” limestone looking much like Roberts Mountain Formation. The hole bottomed at 710m depth in 5.8m grading 0.165ppm Au accompanied by elevated As, Sb, and Hg.*

*Denotes unknown true-thickness of mineralized drill intercept

Vanadium

2021

Anticipated Exploration Program - Vanadium
$881,580 USD

  • Maiden NI 43-101 Resource
  • Metallurgical and processing test work
  • Complete PEA

Gold

2021

Anticipated Exploration
Program - Gold
$2,040,000 USD

  • Continue review of project data, address deficiencies and relog holes as needed for consistency
  • Update the 3D model