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The Boss property is a 3,300 acre block controlled 100% by Boxxer, and is located 90 kms. west of Las Vegas, Nevada in an under-explored part of the old Goodsprings mining district. The property is near the interpreted intersection of the Sevier Thrust and the Walker Lane tectonic lineament. Previous exploration on the property supports the porphyry model potential of the property, where eleven large zones of porphyry style Cu, Au, Pt, Pd, Ag, mineralization have been located over a 4 km. strike length on the western side of the property.
Average grades from 184 samples to date, occurring from the old underground workings and surface sampling are as follows:
Cu(%) Au (g/t) Pt(g/t) Pd(g/t) Ag(g/t)
1.34% 0.96 0.18 0.47 8.63
The alteration, presence of skarn minerals, styles of mineralization and geochemical signature in this porphyry system suggest strong similarities to the Robinson mining district located in east central Nevada, where historical production is recorded to be in the order of 255 million tons of ore. The Robinson district is the only porphyry copper district in Nevada that shows concentrations of Platinum and Palladium similar to that of the Boss property.
On the eastern side of the property boundary Boxxer has focused on the Yellowhorse zone, which is predominantly a gold target. Approximately 2,100 feet in 13 shallow holes have been completed in a first round of drilling completed in June 2006. Five drill fences constructed were spaced 120 to 260 feet apart, and 3 of the 5 fences were within the old Yellowhorse open cut area. Approximately 850 feet of strike length was tested. Exploration results indicate mineralization in the Yellowhorse zone displays all the key criteria necessary to form a bulk-mineable oxide gold deposit.
The second phase of exploration during the fall of 2006 will focus on drill testing the copper-gold porphyry mineralization along strike on the Boss/Boss#2 area, and further diamond drill testing the down-dip and lateral extent of the zone of oxide gold mineralization on the Yellowhorese target. |
