NexGen Mining Projects
Our management team carries a proven track record in mine exploration, development, and production. NexGen Mining assets consist of seven precious metals projects situated in Nevada and the entire data set for the Muskox Intrusion (valued at over $3M). Nevada accounts for about 72% of annual U.S. gold production and is the 4th largest gold producer in the world behind China (1), Australia (2) and Russia (3). Nevada mines produced 5,641,538 ounces of gold in 2017 at a value of $7 billion.
Mackinaw Mine - Washington
The Mackinaw Mine property consists of 10 unpatented lode claims (200 acres) on Forest Service land in the Cascade Mountains of northwest Washington State. The claims cover an outcropping of ultramafic rocks that host a mineralized zone containing ore grade concentrations of nickel, copper, cobalt, and gold. Mineralized serpentine can be traced on the surface for over 2600 feet.
The Paradise Peak Mine model was previously explored as a caldera with deposits clustered around the margins of the ring faults. Recent work in the district suggests a more complex system with overlapping alteration and mineralization systems from nearby intrusives such as the Sullivan porphyry.
Old Dominion - Reno, NV
The Old Dominion Mine is an epithermal silver-gold mineral system that is situated 23 miles north of Reno, Nevada along the south side of Nevada State Route 445. NexGen Mining currently controls 10 claims (200 acres) covering multiple veins along a structural corridor hosted in Tertiary volcanic rocks. The Old Dominion Mine model was previously explored as a caldera with deposits clustered around the margins of the ring faults. Recent work in the district suggests a more complex system with overlapping alteration and mineralization systems from nearby intrusives such as the Sullivan porphyry.
Koegel Hills – Nevada
The company’s 100% owned Koegel Hills Property consists of 10 unpatented claims encompassing 200 acres located in Mineral County, Nevada. The project is an extensive copper-gold bearing porphyry system manifested by intense surface alteration that extends for more than six square miles.
In the early 1990’s, Santa Fe Minerals Company (“Santa Fe”) staked the area and conducted a limited drilling program, which intersected significantly large zones of strongly anomalous copper and gold. Values greater than 4.0% copper and 0.030 opt gold were reported in several five-foot drill samples. Santa Fe released the property when the Company was taken over by Newmont Mining Company.
The Four Mile Basin Gold Property
The Four Mile Basin Gold Property has two unpatented claims consisting of 20 acres and is situated in Nye County, Nevada. The claims encompass a substantial hot springs system that is characterized by prevalent surface sinter and feeder veins composed of crustiform banding and quartz replacing calcite textures.
Gold Star – Nevada
The Gold Star Property is a high-grade precious and base metal deposit located in Mineral County, Nevada. In the project area, two types of mineralization have been encountered, free gold and copper mineralization associated with a skarn system and high-grade silver-lead-zinc mineralization hosted in a major east-west trending fault zone hosted in carbonates.
Pyramid - Nevada
The Pyramid Mine is a high-grade, silver-gold-lead-zinc vein and stockwork system hosted in altered Tertiary dacite and rhyolite tuffs situated along the northeast bounding portion of the northwest-trending Walker Lane structural zone. Over 10 million oz. of gold-silver mineralization has been discovered along this narrow, deep-seated, fault zone which host the Pyramid, Olinghouse, Talapoosa, Rawhide, Fairplay-Paradise Peak, San Antone-RyePatch-Midway, Hannapah-Monitor, Ellendale, Golden Arrow, Silverbow and Eden mining districts. Intermittent small-scale mining operations have occurred in the Pyramid Mine area since 1910, which produced limited quantities of high-grade ore and concentrates.
The Muskox Intrusion
The Muskox Intrusion is one of the last undeveloped world-class Nickel-Copper-Platinum Group Element (PGE) prospects. NexGen Mining Inc (NXGM) is offering for exclusive sale a complete modern data set covering this property. It represents a significant investment of time and money and would allow the owner to begin an advanced exploration program immediately.