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Peloton Minerals Corp.
Summary
| Project: | Golden Trail | |
|---|---|---|
| Deposit: | Golden Trail | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 10/31/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 31-10-2018: Peloton Minerals Corp. announces an Exploration/Drilling Update report for its Golden Trail deposit at the Golden Trail project. Summary of property and exploration. This technical report for the Golden Trail Project was prepared by consulting | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Richard Capps (Capps Geoscience LLC) | |
| ABSTRACT: | This technical report for the Golden Trail Project was prepared by consulting geologist and Qualified Person (QP) Richard C. Capps at the request of a public company, Peloton Minerals Corporation (“Peloton”), and Dr. Capps take responsibility for all sections of this report. This technical report is written in compliance with disclosure and reporting requirements set forth in the Canadian Securities Administrator’s National Instrument 43- 101. This report presents the results of both historic and recent exploration. The purpose of this technical report is to provide a summary of scientific and technical information concerning mineral exploration activities at the Golden Trail prospect and to suggest additional gold exploration. This current technical report establishes a summary of historic data and recommends an exploration program as a continuation of earlier exploration with a goal of advancing the project. The Golden Trail Project is in a relatively early phase of exploration and no mineral resource or reserve estimates are disclosed in this report. The Golden Trail gold exploration prospect consists of 44 public lode mining claims (over 900 acres) and is located in northeastern Elko County, Nevada, United States of America. The Golden Trail project is located approximately 60 linear kilometers northeast of Wells, Nevada (Figure 1). The coordinates of the southwestern claim block are E714777, N4618214, projection NAD 1927, UTM Zone 11. The overall project covers an area of about 10 square kilometers (Figures 1 through 4), which is centered on an island-like mesa with relief of about 540 feet (165 m). The Project is accessed from Highway 93 about 42 kilometers north of Wells by turning at the Thousand Springs Valley Road and driving northeast to the Rock Springs Road. About eleven kilometers north of this intersection, a dirt road intersects the Rocks Springs Road on the left near Emigrant Springs and continues in a northerly direction for 14.4 kilometers into the Golden Trail Project area. As depicted on Figures 2 through 4, existing dirt roads provide direct access to the area. | |
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