The 825-acre Olympic group of claims are located on the northern flanks of the Cedar Mountain range in centraleast Mineral County. The mineral deposit type at Olympic is of low sulphidation epithermal banded quartz gold vein style.
OLYMPIC GOLD TARGET ZONES
1 - OMCO Mine Extension
- Extension of the remaining OMCO Vein across unexplored fault blocks to the south and west of the mine workings.
- Follow up parallel vein sets both above and below the OMCO Vein indicated by historic drilling, such as the Cosmos Vein.
2 - East OMCO Fault
Continuation of OMCO Vein deposit displaced southeast by the OMCO Fault. Unexplored fault has potential to be mineralised feeder structure host to larger size deposit than OMCO Vein.
3 - OMCO Tailings
Re-evaluation of historic tailings deposit of ~41 kt @ 1.67 g/t Au.
4 - Trafalgar Hill
Extension of two outcropping gold-quartz veins along strike and at depth beneath Quaternary cover.
5 - West Ridge
Area of gold quartz veining, potentially a westerly extension of the OMCO vein. May also be associated with mineralisation seen at Trafalgar Hill to the northwest, with significant post-mineralisation cover occurring between the two prospects.
6 - Middle Hills
Large footprint of strong silicification and phyllic alteration associated with gold-quartz veining, gossans and breccias.
7 - East Gully
Similar characteristics to Middle Hills with further intersecting fault orientations adding likelihood of hydrothermal fluid transport and mineral deposition. Placer gold has reportedly been recovered from the target and has potential to link to Middle Hills.
8 - Rhyolite Dome
Area of gold-quartz veining and brecciation associated with silica flooding.