White Caps
OVERVIEW
Drilled by Freeport McMoRan in 1982 – 1984
Gold and antimony discovery
Proximal to Scorpio Gold Corp’ Manhattan Gold Project
Located 15 kilometres south of Round Mountain Mine
Modern exploration defines 2 kilometre strike of anomalous Carlin style gold system
2025 RC drilling completed 12 holes totalling 1,385 metres
Peak drill intercept 3.5 percent antimony over 1.5 meters with associated gold and pathfinder elements
Multiple shallow gold zones confirmed including high grade and broader low grade mineralisation.
Drilling Program
Significant Intercepts Include
- WCRC25-003: 22.86 m @0.92 g/t Au from 67 m (includes 6m mine void assumed zero grade)
- WCRC25-009: 4.57 ma @0.68 g/t Au from 18.29 m
- WCRC25-010: 10.67 m @0.46 g/t Au from 28.9 m
- WCRC25-011: 15.24 m @0.75 g/t Au from 15.24
Maiden RC Drilling Program
- G50 completed 12 scout RC drill holes over 1.5 km strike length totaling 1,385 meters in early 2025
- Three out of four areas showed shallow gold mineralization with grades from 0.1 to 12 g/t Au and silver anomalies noted
- High-grade gold occurs at intersections of steep faults and altered limestone acting as fluid conduits for mineralization
- WCRC25-007 returned exceptionally high antimony values,including a peak of3.5% Sb (35,000 ppm) at 77.7–79.2 m depth, within a broader zone of elevated Sb including:
- WCRC25-007: 6.1 m @1.58 g/t Au, 1.1% Sb,1.69 g/t Ag from 74.7 m
Drillhole GRC28 and GRC06
Sample Collection Overview
- In 2023, 216 rock samples were collected across the 10 square kilometer White Caps Property for analysis.
High Gold Value Location
- High gold values greater than 1 gram per ton are concentrated in the northern area where limestone is exposed at the surface.
Relation To Fault Structures
- High gold values correlate closely with NNE-oriented faults, acting as fluid pathways for mineralization
