Gold Summit Mineral Property

A Gold Rush Expeditions Inc. Mining claim Property

Federally Registered Mining Claim ID : NMC1108740

20 Acre Lode Claim – Washiki District – Humboldt, Nevada

Inventory Reduction Sale Price:$2,500.00

(Price Valid Until 9/28/2018)

The Gold Summit Property is also sometimes referred to as the Gold Summit Mine Panic. There is no associated information provided with this name, but it shows up in several USGS and NBMG documents in this way.

The mine is reached by a very rough and technical 4WD road that winds up “Bacon Canyon” above the Midway Group property. This road should not be attempted by amateur drivers and is best traversed with a UTV or modified 4WD.

At the saddle there is a mill building with a small stamp and milling facility but there are no tailings at the site. Reports are that all of the gold ore from the mine was mined by hand and high graded. Various reports state that gold occurs with silver and lead on quartz and the highest gold values are where it runs with lead. Unsubstantiated reports state that ore runs from 2.5 oz/T to 14 oz/T in gold. This figure is assumed accurate as values of hand mined ores would be quite high. Hand mining ores is usually referred to as “high grading” and is the methodology of most small miners dating back to 1600.

From USGS Files.

In 1915 James Wilson erected a two-stamp, Tonopah-type, amalgamation mill that operated only a short time. A Tonopah stamp mill is similar to an ordinary stamp mill except that the stamps do not fall freely but are controlled by springs to attain more drops per minute.

Bunches of ore occur in narrow quartz veins mainly in granite. Values are chiefly in gold with some silver and lead. The best values are said to be associated with the lead. The average dip of the veins is 55°. Development work consists of a number of scattered prospecting shafts, of which the deepest is 90 feet and a number of open-cuts. Total workings comprise about 1,000 feet. Mining has been by hand

This claim is part of the inventory reduction sale, valid only until September 28th 2018. These properties are discounted because they do not have a full GRMP-43 reporting. They may not have had an entire on the ground survey completed and/or have not been fully documented.

If these properties do not sale during the inventory reduction sale, they will be taken off the market and Gold Rush Expeditions will complete the GRMP-43’s and resurvey of the properties. The properties will then be offered at another date at a substantially higher price,

Mine Quick Facts
AccessLocated 3 miles off the main highway. The last 1 mile to the claim requires high clearance 4WD
Nearest City with Ammenities46 miles to Cottonwood Arizona
CommoditiesGold, Lead
Total WorkingsEstimated 1000′
Acres20 Acres
Claim TypeLode
Price$2,500.00
ResourcesNone
Tailings10,000-49,000 tons
Waste DumpWaste Dump showed quartz with copper. Lots of Iron. A few bits of lead/silver. Some Free Gold
Mine DevelopmentShaft

From NBMG Reports:

The Washiki mining district is a small district in the southern Sonoma Range in northeastern Pershing County. The Midway Group Mine and associated properties are located in Bacon Canyon (Sl and 2,T33N,R38E). Two km to the east, in S6,T33N,R39E, is the Gold Summit Mine. The Washoke Canyon mines are located in lower Washoke Canyon, near the corner of S5, 6, 7, and 8,T32N,R39E. The Mammouth fluorspar prospect is located in Sl2,T33N,R38E. Manganese deposits are loca ted in Grand Trunk Canyon (probably S32,T33N,R39E) according to Ferguson and others (1984). The

Washiki district adjoins the Black Diablo district on the east. Washoke Canyon may have once been called Grandpap Canyon, and the mines there may have been called the Washiki group (Johnson, 1977, p. 101). This portion of the district has sometimes been called the Grandpap district.

From USGS Reports:

The rocks exposed in the district consist of Pennsylvanian and Permian Pumpernickel and Havallah Formations (Havallah sequence), and cambrian Harmony Formation, Ordovician Valmy Formation, and Jurassic granodiorite. The Pumpernickel, Havallah, and Valmy Formations consist primarily of deep-marine rocks, including chert, argillite, greenstone, and quartzite. The Harmony Formation is predominantly feldspathic quartz sandstone and conglomerate, with minor argillite and limestone. The rocks are cut by thrust and high-angle normal faults (see Johnson, 1977, pl. 1).

ORE DEPOSITS

The Midway Group Mine in Bacon Canyon consists of spotty milky vein quartz, pyrite, and arsenopyrite? along a high(?)-angle shear zone in Valmy Formation (Sonoma Range Formation of Ferguson and others, 1951).

The wallrock, locally bleached near the vein, appears to be meta-andesite. Presumably, the vein and other mineralized structures were worked for gold. No information is available on the Gold Summit Mine 2 km to the east of the Midway Group Mine. Workings there are in a small plug of Tertiary quartz latite (Gilluly, 1967). Vanderburg (1936, p. 49-50) describes workings along quartz veins in granitic rocks in the district; these apparently correspond with the properties examined during this study in Washoke Canyon (Waho claims).

Johnson tentatively (and probably incorrectly) correlated the properties described by Vangerburg (1936) with the Midway Group Mine In Washoke Canyon, the main workings are along a N50 -65 W, 55 -75 NE zone of faulting and iron staining. The zone is about 100 m long and 0.5 to 2 m wide. In this zone, the porphyritic blotite granodiorite wallrock is bleached, iron-stianed, cut by narrow shears, and contains very rare quartz vein matter. According to Vanderburg (1936) bunches of ore occur in narrow quartz veins and the values are said to be chiefly in gold with some silver and lead.

The best values are said to be associated with the lead. Ore mined in 1934 at one lease averaged $12.09 in gold and $1.60 in silver per ton; high grade ore mined at another lease averaged 2.5 oz of gold and 15 oz of silver per ton, and 8% lead. Some recovery of gold values was by crushing and amalgamation.

The Mammoth fluorspar prospect, located about 2 km north of Clearwater Canyon, occurs predominantly in greenstone of the Ordovician Valmy Formation. Some impure limestone is also present locally (Papke, 1979, p. 59). Spotty fluorite occurs in a dolomite-calcite vein. The vein is 0.3 to 3 m thick, and contains a few fluorite-rich pods in several places. The ore is very vuggy, and contains irregular botryoidal fluorite masses; fluorspar veinlets occur in the greenstone wallrock near the vein. Some other similar veins are present in the vicinity of the main vein (Papke, 1979, p. 59).

Manganese deposits are reported from rocks of the Havallah sequence in Grand Trunk Canyon (Ferguson and others, 1951). These deposits are probably the Pink Lady claims described by Iverson and Holmes (1954, p. 1, 7-9). They report that the ore occurs as a blanket deposit of mixed manganese oxides, manganese silicate, and silica in a thinly bedded shale.

The principal constituents are reported to be silica and rhodenite with minor amounts of black manganese oxides.

All properties that are part of the Inventory Reduction sale will be sold for $2,500.00 (Two thousand five hundred dollars and no cents) plus $349.00 (Thre hundred forty-nine dollars and no cents)(per claim) documentation fees, regardless of previous valuations.

 

Properties have had annual assessments paid for the 2019 year and no assessments are due until the 2020 assessment year.

A deposit of $1,000.00 (One thousand dollars and no cents) may be paid via credit card to hold the property for up to 7 (seven) days.  Buyer may also make depsoit via check, cash or wire transfer. Property will not be considered sold until payment has been received in full.

With $1,000.00 (One thousand dollars and no cents) deposit, an invoice for the remaining balance due will be sent via email. The remaining balance will be due within 7 days from deposit being made. The remaining balance due may be paid via wire transfer, cash, check or cashiers check. Credit cards will only be accepted for the initial deposit.

If remaining balance is not received within 7 days, deposit will be considered forfeit. There are no refunds.

Once full payment has been received, a quit claim deed transfering the claims from Gold Rush Expeditions to the new owner will be completed, recorded and filed as required by law. Upon return of the recorded documents, Gold Rush Expeditions will send the new owner copies of recorded files.