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|  | |  Introduction
The Tonopah Project consists of 25 patented mining claims located near the town of Tonopah, Nevada. Eastfield owns (via direct ownership and agreement) a 100% interest in 25 patented claims, subject to certain royalties. There exists good potential to discover significant high-grade gold-silver ores at Tonopah. The company is seeking a joint venture partner to further explore this property. The Tonopah District, in which the property lies, was one of the preeminent silver producers in the U.S. In the first third of the 1900's 1.8 million oz. gold and 174 million oz. silver were mined at a recovered average grade of 0.21 oz/t gold and 19.7 oz/t silver. Geology
Exploration work by Eastfield has shown that several bonanza gold-silver targets remain unexplored, including the Ohio, Bermuda and Merton veins. The Ohio vein was mined at plus 50-foot widths up to a fault, which offsets the zone and this offset presents an enticing drill target. Drilling by Eastfield along the surface projection of the Merton vein encountered 10 feet of 0.21 oz/t gold and 8 oz/t silver within an interval of 100 feet of anomalous gold in quartz-adularia stockworks. The main controls on the bonanza mineralization have been traced for approximately one mile west of the historic production and this area is largely unexplored. Access
The Tonopah property lies adjacent the town of Tonopah which lies approximately halfway between the cities of Reno and Las Vegas, Nevada. Tonopah is accessed by paved two-lane state highway. Comparables
Bonanza Silver-Gold: the district has produced 174 million ounces silver and 1.8 million ounces gold from ore averaging 19.7 oz/t silver and 0.21 oz/t gold (recovered grade). Maps
Reports
For more information on Tonopah, please contact Eastfield. | |
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