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On the map below, the CRD Deposits are aligned in a north-south trend over 10km from the Ruby Deeps, Hilltop deposits to the north on 1-80 ground (green) to the Diamond/Excelsior deposits to the south, North Peak ground (kind of beige). GLM’s Jewel Ridge is yellow highlighted in red.
These deposits are all related to a north-south fault complex. The Magnet Ridge target (blackoval) is situated in the heart of the corridor and comprises an untested 800-metre-long IP anomaly.
North Peak Drilling is at the bottom of this IP anomaly.
Further more McEwen Mining just acquired junior Timberline Resources for about $25 million for their Eureka property above and below Golden Lake’s Jewel Ridge.
This area is smoking hot, McEwen just paid 5 times the value of GLM for Timberline and I believe GLM has a better property, but has not had enough drilling yet.This is a closeup and shows better detail. North Peak is getting good results and they are not even in the strong spot of the anomaly in pink.
The property is well located proximal to infrastructure and is immediately adjacent to successful, high-profile exploration programs currently being undertaken by both i-80 Gold Corp. and North Peak Resources Ltd. on their neighbouring Ruby Hill and Prospect Mountain properties, respectively. And McEwen Mining will get active here, now that they bought out Timberline.
