The Eliza Silver Project

Hamilton Silver District, Eureka, Nevada, USA
 

The Eliza Silver Project is a 5.52km2 land package, which includes the past-producing California Mine Patent claim, and is located along strike of the Hamilton Mining District, Nevada’s highest-grade silver district, which produced 40 million (M) ounces (oz) silver with grades up to 25,000 grams per tonne (g/t) between 1876-1890.

Information gained from a detailed geologic map indicate that Eliza and the Hamilton District contain high-grade Ag mineralization hosted by the same formation; however, no significant work or drilling has been done on the project in over half a century.

Assay results from an initial 2021 sampling program confirmed the existence of a well-developed silver-rich mineral system, which also shows enrichments in copper (cu), lead (pb) and zinc (zn), suggesting the potential for the existence of a blind copper porphyry.

Recent samples include:

• PN662703: 1290 g/t Ag
• PN662717: 1180 g/t Ag; 7.70% Cu; 11.00% Pb; 13.40% Zn
• PN662715: 632 g/t silver; 2.2% Cu; 1.49% Pb; 0.55% Zn

The Company significantly expanded mineralized footprint through 2022 soil sampling, identifying four primary target areas and plans to further evaluate the project in 2023.