Midas North - Nevada - Headwater Gold Inc.

Midas North Project

Large and under-explored precious metal
system with a clear analog immediately
south at Hecla’s Midas Mine

Midas North Overview

100%-owned, royalty-free, 1500 hectares, 199 unpatented claims on BLM land

Large, un-drilled epithermal alteration cell immediately north of and adjoining Helca Mining Company’s Midas Mine

Widespread sinter, water table silica, and clay alteration suggests a fully preserved epithermal system is present

Analogous geologic setting to Hecla’s Midas mine and the recent Green Racer Sinter vein discovery: 111.8 g/t Au and 490 g/t Ag over drilled thickness of 1.4 metres ⁽¹⁾

Infrastructure at nearby Midas includes a 1,200 ton per day mill, production water wells, high-voltage power, and a fleet of underground mining equipment

No known historic exploration drilling in an under-explored portion of a prolific high-grade Nevada mining district

Widespread areas of highly-anomalous mercury geochemistry, a key pathfinder element for epithermal vein exploration

Two main target areas widespread high-level chalcedonic to opaline silica flooding, clay alteration, and local sinter with interpreted vent facies: Nevada Grande target and the Big Opal target

Additional mapping, sampling, and geophysics in progress

PROJECT GALLERY

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