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USA

NEVADA SILVER & GOLD

Altitude Minerals has identified Nevada as an area of significant interest for Gold and Silver exploration.

According to the U.S. Geological Survey, Nevada is the USA’s top gold-producing region, contributing more than 70% of the U.S. total gold production. This high level of output makes it a significant player globally, accounting for roughly 3-5% of the world’s total gold, and makes Nevada the fifth-largest gold producer behind countries like China, Australia, Russia, and Canada.

The Firenze Project

Overview

The Firenze project is a high-grade Silver & Gold opportunity comprising 90 claims in Nevada, that despite its strong potential was classified as a Wilderness Study Area (WSA), and as a result has never been drilled.  However, in 2022, the project area was reclassified by the BLM and is now open for exploration. It has outcropping low-sulphidation epithermal Ag-Au veins ~1,000m in strike that remain open to the east with potential extensions under shallow cover. The mineralisation has been confirmed at surface, with exceptional recent rock chip assays including:

  • 1,825 g/t Ag with 22.5 g/t Au
  • 1,250 g/t Ag with 9.3 g/t Au
  • 534 g/t Ag with 43.9 g/t Au
  • 600 g/t Ag with 2 g/t Au

The Firenze Project is only 10km from the Interstate-50 highway, and has tracks to significant outcrops allowing for year-round access and accelerated exploration activities.

  • Location of the Firenze Project and nearby deposits
  • Altitude team at the Firenze Project

Geology

The Firenze Project is prospective for high-grade vein-hosted silver and gold epithermal mineralisation (low-sulphidation) immediately below outcropping mineralised veins. Analogous to the Silicon Deposit is a larger-scale opportunity for a gold-silver deposit under cover, where mineralised veins plunge under cover and intersect basin-bounding fault lines disrupted by cross-basin structures. This creates a permissive structural setting for mineralised fluids to potentially form a large-scale disseminated gold-silver deposit at the Firenze Project.

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