NexGen Mining Projects
Our management team carries a proven track record in mine exploration, development, and production. NexGen Mining assets consist of four precious metals projects situated in Nevada and the entire data set for the Muskox Intrusion (valued at over $3M). Nevada accounts for about 81.4% 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 5,467,646 ounces of gold in 2016 at a value of $6.84 billion.
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.
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 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.
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.