Midas North Project
Large, royalty-free land position on BLM land staked by Headwater in 2020
Large, epithermal alteration cell immediately north of and adjoining Hecla Mining Company’s Midas Mine
Successful scout drilling program completed in 2023 encountered 47.0 g/t Ag over 9.1 m*
Alteration cell represents rare brownfields exploration opportunity along strike in a prolific high-grade Nevada mining district
Widespread areas of highly anomalous mercury geochemistry, a key pathfinder element for epithermal vein exploration
Presence of sinter, water table silica, and clay alteration indicative of a fully preserved epithermal system
Textures and initial geochemistry in opaline silica and sinter indicate local high-energy near-vent environments
Exploration Completed:
- 2023 Maiden drill program
- Detailed prospecting and rock chip sampling
- Aeromagnetic and radiometric survey
- CSAMT resistivity survey
- Airborne hyperspectral survey
- Handheld spectrometer hyperspectral study
- Detailed soil geochemical program
