ELEPHANT
Duncan Park Holdings has acquired 253 lode
claims in 5 square miles of claims in the highly prospective
Elephant property area. Elephant contains two potentially
significant, large-scale gold-silver-copper exploration targets
located south of Battle Mountain, just east of Newmont's
10,000,000 ounce Copper Canyon gold-silver-copper mine complex.
Barrick, Newmont, Kennecott, and BHP have conducted wide-spaced
drilling exploration in the area since 1994, evaluating porphyry
and skarn gold-copper targets. This drilling intersected
some anomalous metal values, as well as defining the outlines
of two untested gold-silver-copper targets, which Duncan
Park will evaluate during the coming year.
BHP outlined a large, highly prospective porphyry/skarn gold-copper-silver target on the Elephant property, but halted drilling when they encountered problems with their geologist and with drilling through alluvial cover. Duncan will conduct a final evaluation of this target prior to drilling. BHP reportedly has told the vendor of the Elephant claims that they will be interested in re-evaluating the property should Duncan Park come up with any encouraging exploration results.
Drilling by Barrick and Kennecott in the central part of the Elephant property has outlined a major new, untested exploration target for fault-controlled replacement gold-silver-copper deposits in Antler Sequence carbonate and clastic strata. Duncan Park intends to conduct an aggressive geological/geochemical exploration program on this "Elephant Graben" target during the coming year.
Duncan Park believes that the Elephant property has good potential to yield two world-class gold-silver-copper deposits at shallow to moderate depths on the property.
REPORTS
Downhole Induced Polarization results and 3-dimensional modeling over the Elephant Project, Battle Mountain, Nevada
[PDF
file size 159KB]
Qualifying Report on the Elephant Gold-Silver Property (Battle Mountain Mining District, Nevada, USA 4,428KB)
[PDF file size 4,428KB]
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