White Caps
Highlights
- Located 15 km’s from Kinross’ Round Mountain (3 M oz reserve) having produced 15 M oz gold to date
- 28 Patented claims and 74 unpatented claims
- The McCoy deposit is proximal to the intrusion (skarn-style) while Cove is distal (Carlin-style) – White Caps has similar potential to host both styles
- High-grade White Caps Mine produced more than 125,000 oz’s at circa 30 g/t gold
- Grades were noted to be increasing with depth – x-cut on the lowest level assayed 10m at 94 g/t (this would be close to true thickness)
- Regional exploration potential

Looking Over the Golconda Project Area

Location of Gold 50’s White Caps Project
Exploration Overview
- A first principles approach of initial tenement-wide exploration is being planned and is likely to include:
- Geological mapping, rock chip / soil sampling,
- Geophysics, including magnetics and IP surveys
- Drilling of the Exploration Targets during 2023 which is likely to include:
- Drilling to test the extents of the low-grade targets along and across strike;
- Initial drilling to test the high-grade targets; and
- Drilling to test the extents of the low-grade targets along and across strike;
- Geological mapping, rock chip / soil sampling,
- Infill drilling subject to maiden drilling program