Jupiter Project
Ownership:
352 unpatented lode mining claims covering approximately 7,000 acres (2,800 hectares)
For complete details of the earn-in agreement, see Headwater’s news release dated August 13, 2026
During the initial earn-in period, Headwater will manage the Project and receive a 10% management fee. Headwater will also be reimbursed US$250,000 for expenditures incurred prior to the agreement.
Property Highlights:
- Located approximately 110 kilometres northeast of AngloGold Ashanti’s Arthur (Silicon-Merlin) project
- Large, well-preserved low-sulfidation epithermal system that remains largely untested at depth
- Detailed mapping, surface sampling and property-scale geophysics planned to refine drill targets
- Initial drilling targeted for late 2026 or early 2027
Location of the Jupiter epithermal gold project within the Walker Lane belt in Nevada relative to the major epithermal gold deposits and districts within the belt. The background image is regional reduced-to-pole magnetics.
Simplified alteration map of the Jupiter Project target areas and associated geologic features
Property History:
- Historical drilling, sampling and soil geochemistry confirmed gold mineralization within a broader 5 × 8-kilometre hydrothermal alteration footprint with demonstrated gold mineralization and multiple untested priority targets
- Historical drilling returned 9.1 metres grading 1.1 g/t gold, with surface rock samples returning up to 3.1 g/t gold
- Intermittently explored by several operators between 1981 and 2020, primarily for shallow Carlin-type targets
Alteration Footprint:
- Jupiter hosts a large, district-scale alteration footprint comparable in scale to AngloGold Ashanti’s Arthur project*
- The extensive alteration footprint and historic mercury occurrences indicate a large, well-developed hydrothermal system
- Historical drilling at Jupiter has been limited, leaving much of the system untested for gold mineralization
*The nearby Arthur project provides geological context only; mineralization at Arthur is not necessarily indicative of mineralization at Jupiter
