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Royalty
Monte
Royalty Division
Monte Project: White Pine County, Nevada
Gold Standard Royalty Company (GSR), a wholly owned subsidiary of Golden Predator Corp., owns the Monte Project which is comprised of 104 unpatented lode mining claims. The Monte Project is subject to an existing Mining Lease with Midway Gold Corp which contains, among other things, advance and production royalty payments to GSR.
Midway Gold Corp has renamed the project Gold Rock, and completed a reconnaissance drill program in 2008 on the property with a total of 3,525 ft in 11 reverse circulation holes drilled on the Anchor target during 2008 according to annual reports, and as stated on their website. The best intercept was 60 ft 0.014 opt gold starting at 25 ft in AR08-08. Four other holes found strongly anomalous gold in the Pilot formation, a regionally favorable host rock.
Exploration completed by Midway to date adds merit to the property's potential to contain significant sediment hosted gold mineralization.
Maps & Photos
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Royalty
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