The New Enterprise Project
The New Enterprise Project is comprised of 24 claims on a site totaling 480 acres near Kingman, Arizona.
|Location||Hualapai Range SE of Kingman, AZ|
|Size||24 Contiguous BLM Claims/ 480 Acres|
|Deposit Types||Hard Rock Vein Structure|
|Initial Claim Date||1900|
|Mine Type||Underground Vein|
|Primary Metal Mined||Silver, Gold|
|Secondary Metals Mined||Copper, Lead, Zinc|
|Work Done to Date||Dump Pile Trenching, Tunnel and Surface Sampling|
|Project Stage||Pre Production – Dump sampled ready to be milled|
|NI 43-101 Status||Initial Evaluation Completed in 2013 and updated in 2016 See excerpts below. (Updated Document on File) Final Economic Evaluation is Pending|
|Mill Site||Pilot Mill in Development (Off Site)|
|Last Known Production||1939|
The mineralized zones on the property and in the immediate area are consistent with a quartz vein hosted polymetallic type of deposit. The New Enterprise consists of a series of generally northwest striking and steeply east dipping structures containing quartz and minor calcite as the gangue minerals containing pyrite (FeS2), silver and probable silver sulphides such as acanthite (Ag2S), minor gold and probable electrum (a silver-gold amalgam), copper as chalcopyrite (CuFeS2) and its secondary green oxide malachite, lead as galena (PbS) and zinc as a dark grey (rather than brownish) iron-rich sphalerite (ZnS). Historical reports describe those veins (or vein zones) as from 1.2 feet (0.3 m) to 14 feet (4.3 m) wide.Other mines in the immediate area are reported to contain telluride minerals and/or molybdenite (MoS2), a molybdenum sulphide mineral.
Plate 1. Typical Topography of the New Enterprise Project
Table 2 - (New Enterprise) Mine 1939 sampling
|Sample#||Sample Width||Au, Oz/t||Au, g/T||Ag, Oz/t||Ag, g/T||Cu%||Cu Lbs/t||Pb %||Pb Lbs/t||Description|
|1705||15 ft (4.6 m)||0.005||0.17||0.7||24.00||--||--||--||--||Outcrop in gulch|
|1706||4 ft (1.3 m)||0.02||0.68||1.1||37.71||--||--||0.2||4||Open cut 100 ft to S of shaft|
|1707||4 ft (1.3 m)||0.005||0.17||0.08||2.74||--||--||0.3||6||Open cut 100 ft to S of shaft|
|1708||3 ft (1.0 m)||0.02||0.68||2.5||85.71||0.25||5||1.0||20||Bottom of shaft at 60 ft|
|1710||4 ft (1.3 m)||0.005||0.17||0.2||6.86||0.20||4||--||--||Face of drift on vein in X-cut #2, Jewell tunnel|
|1711||3 ft (1.0 m)||0.01||0.34||0.6||20.57||--||--||--||--||Roof at end of Jewell tunnel|
|1712||6.5 ft (2.0 m)||0.06||2.03||4.2||144.00||3.10||62||3.0||60||Bottom 8 ft of winze in Jewell tunnel|
|1713||2 ft (0.7 m)||0.17||5.83||10.7||366.86||0.90||18||11.2||224||Top of hill above Jewell tunnel|
|1714||--||0.08||2.74||4.0||137.14||0.85||17||--||--||Sulphide ore dump, Main Shaft|
|1715||--||0.01||0.34||2.8||96.00||1.80||36||--||--||Cu stained ore, most northerly cut visited N of Main Shaft|
The New Enterprise claims contain several strong NW trending veins ranging from 10 inches to 14 ft. in width.
The gangue (host) mineral is mainly white to light grey massive quartz, with minor white massive calcite.
Plate 3. Ore Material from New Enterprise Project, January 2013 ***
Table 4 - January 2013 Sampling
|94||0.39||0.01||141||4.55||0.02||0.15||0.42||qtz vein with minor sphalerite-galena|
|95||0.81||0.03||5||0.16||0.02||0.013||0.07||black mafic intrusive|
|96||0.003||0.01||0.78||0.01||n/a||n/a||n/a||Metallic bead from crushed sample 95|
|97||0.23||0.01||5||0.16||0.06||0.14||0.53||qtz vein with 2% pyrite, minor sphalerite-galena|
|98||0.92||0.03||94||3.03||4.52||0.72||0.72||high chalcopyrite/malachite content from Jewell/Enterprise Mine|
|99||2.64||0.08||137||4.42||1.825||0.28||4.51||black sulphide rich quartz vein|
|101||0.99||0.03||65||2.10||0.32||0.69||1.47||qtz vein with pyrite, galena, sphalerite|
|102||6.65||0.21||371||11.97||0.19||0.66||0.58||qtz vein material with pyrite, galena|
*** Note photo of sample 99, Plate 3 above
A sample of dump material was taken from a pile estimated to contain 8,000 and 10,000 tons of material. This material came from the tunneling that was carried along a vein immediately adjacent to the dump (Plate 2 below).
The sample was taken in July 2010 by the current owner of the project. It was delivered to an independent Arizona-certified lab (see results Table 3 below).
Plate 2. Trench sample July 2010
Table 3. 2010 Trench Sample from New Enterprise Project