Red Hill is a sediment-hosted gold project consisting of 79 lode claims that is located 15 miles (24 km) southeast of the 14 million ounce Cortez Hills gold deposit and about 7 mi (11 km) from Barrick Gold’s new multi-million ounce Goldrush discovery. The Red Hill project occurs within a window of lower-plate limestone exposed through chert and siliceous sediments of the upper-plate of the Roberts Mountains Thrust. It is one of a series of windows and associated gold deposits that define the Cortez Trend. The project covers an extensive area of hydrothermal alteration occurring within fault zones and in lower-plate limestone.In 2006 drill hole BRH-013 intersected 45 ft of 0.237 oz Au/t (13.7 m of 8.105 g Au/t) from 1,920 to 1,965 ft (585.4 to 599.1 m). Gold mineralization is hosted in silty carbonate rocks associated with altered lamprophyre dikes and high levels of arsenic, antimony, mercury and thallium. These features indicate a Carlin-style gold system may be present at Red Hill.
NuLegacy Gold Returns Miranda Gold’s Red Hill And Coal Canyon Projects
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