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| | |   The Anchor property is located approximately 30 miles south of Hawthorne, in the Anchorite Hills of the Walker Lane Belt and is easily accessible from the paved Nevada Highway 31, then 5 miles down a good powerline dirt road, and 5 miles along a 4x4 trail. The Property is on Federal Land administered by the Toiyabe National Forest. Geology The property consists of 16 lode claims covering a fault-bounded window comprised of sedimentary rocks of the Triassic Lunning Formation (limestone, mudstone, and argillite) surrounded by Tertiary volcanic cover. The Property is located near the intersection of the ENE trending structures of the Excelsior Trend and the NW trending structures of Walker Lane. Past Work Except for minor prospecting and a ground magnetics survey conducted by Wharf Resources in 1990, the property has had no previous work. Despite this, an area (300 m by 150 m) of intensely altered and brecciated rocks has been identified. Of the 78 rock samples collected previously, 21 have returned values greater than 0.1 g/t, with the best being 2.26 g/t. This sample was one of a five sample composite that made up a 5 m continuous chip sample which averaged 1.4 g/t. Luna Gold collected 7 grab samples during a recent site visit. Two samples returned values greater than 0.5 g/t Au and three samples had greater than 5.0 g/t Ag; all samples had high As, Ba, and Sb. The mineralization, alteration, and elevated trace elements are similar to the Santa Fe deposit, which is 45 miles to the northeast of the Property, along the Excelsior Trend. Santa Fe produced 345,000 oz of Au from 1989 to 1995 at 0.037 oz/t. Targets The Duo property has several excellent indications that it is a potential target for a bulk tonnage disseminated gold prospect.
Maps and Photos
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