Bald Peak Project, USALocation and Access
The Bald Peak property is located approximately 40 km south-west of Hawthorne, Nevada, and 41 km north-east of Bridgeport, California. The property is accessible by dirt road from either Hawthorne, NV from the north or Bridgeport, CA from the south.
100% Radius Gold Inc. Current ownership includes 151 unpatented Federal mining claims and a California state prospecting permit.
The Bald Peak Property is an early stage, high-level epithermal gold prospect centrally located within a broad area of Miocene volcanic centers known as the Bodie Hills Volcanic Field (BHVF). Sinter terraces outcrop along the length of the Property, evidence that the epithermal system is not eroded beyond its paleo-surface and is thus likely fully preserved. The BHVF is host to several high grade gold mines, including Aurora and Bodie mining districts, both of which are in close proximity to the Bald Peak Property and formed in a similar geological environment. Despite the Property's proximity to several Au-rich mining districts, the area has seen limited exploration activity. Several operators have acquired the Property over the last 30 years and mapped alteration zones and various other criteria pertinent to epithermal gold discoveries. The area has seen very limited drilling, however, and its potential remains untested.
In 2017, following the acquisition, Radius conducted geological mapping, and rock and soil sampling programs, the results of which work led to the staking of additional ground. Results of the mapping program better defined lithologic contacts across the Property at a project-scale, answered several questions that derived from the USGS 2015 map of the Bald Peak area and importantly identified new areas of high level banded veining, several areas of anomalous Au, Hg, As and Sb in soil and rock, and identified previously unmapped areas of hot spring related silica sinters. Along the eight kilometer NE-trending zone (which historically is the trend orientation along which historical gold deposits have been found in the region), the Company has collected 219 rock samples, and over 4,000 soil and stream sediment samples. Several new targets that warrant further exploration have been identified from the preliminary results of this work