Castile Mountain

Castile Mountain

Castle Mountain is located in north central NV, about 40 miles northwest of Elko on the southern flank of the Tuscarora Mountains.  This region is renowned for its prolific gold production.  The claims sit in the Tuscarora Mining District about 3.5 miles southwest of the productive low sulfidation epithermal vein systems at Tuscarora. For the most part the prospective land is administered to by BLM.  In January 2018, GSI staked 10 lode claims that cover the obvious targets.

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Castle Mountain - A Low Sulfidation Hot Spring Type Prospect

Castle Mountain is a high-level Hot Spring type epithermal system that has seen one shallow drilling program about 35 years ago.

Property Highlights:

  • Analogs in the region include recent discovery at Gravel Creek and Ivanhoe.
  • Shell Mining drilled 5 shallow test holes back in 1984.
  • DH CM-1 encountered a mineralized zone that carried anomalous gold values ranging from 240 ppb to 400 ppb over 35 feet.
  • The prospect hosts hot springs sinter at the top of the hill.
  •  Mineralization is hosted by an andesite breccia that is underlain by a Paleozoic debris lense that provides prospective stratigraphy.

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GoogleEarthCastileMtn-access

Located in Elephant Country:  Castle Mountain is located in north central NV, about 40 miles northwest of Elko on the southern flank of the Tuscarora Mountains.  This region is renowned for its prolific gold production.  The claims sit in the Tuscarora Mining District about 3.5 miles southwest of the productive low sulfidation epithermal vein systems at Tuscarora. For the most part the prospective land is administered to by BLM.  In January 2018, GSI staked 10 lode claims that cover the obvious targets.

 

Project Analogs:  The Gravel Creek project in northern Elko County is the best analog for Castle Mountain. Gravel Creek is a new large gold/silver discovery by Western Exploration.  They have intercepts of up to 16 meters of 49 g/t Au and another or 318 meters of 1.27 g/t Au.  Mineralization there is hosted in silicified breccia formed at the basement/Miocene interface below a surface sinter and weak geochemical anomalies (Christensen, 2015). The host rocks at Castle Mountain are the similar age and similar lithology’s to Gravel Creek.

 

Geologic Setting:  The Castle Mountain prospect sits southeast side of the Tuscarora volcanic field, the largest Eocene volcanic field in Nevada.  This is important because Eocene magmatism occurred contemporaneously with the main gold mineralizing event that formed the bulk of the giant gold deposits in Nevada.  It is widely accepted that Eocene magmatism played a critical role in generating hydrothermal systems that deposited over 200 million ounces that have been discovered in northern Nevada.

 

A paleo hot spring vent crops out at the top of Castle Mountain evidenced by a small area of sinter and silicified volcaniclastic rocks that carry the best gold geochemistry.  The surrounding area is primarily argillicly altered with minor stock works of quartz.  Surface mineralization is hosted by dense welded Andesite breccia mapped as debris flow breccia having a maximum thickness of 170 meters.  A lense of Paleozoic debris is interstratified with the Andesite breccia.  Below that lies the basal section of the Tertiary composed of Andesite, ash flow tuff and a basal conglomerate which sits unconformably on the Paleozoic sediments.  Estimated depth to the unconformity based on NBMG section drawn 2 miles to the southwest would be between 250m and 350m.  That unconformity represents an excellent stratigraphic target below the hot springs vent.

Crestview Exploration Inc. Acquires a Lease with Option to Purchase on the Castile Mountain prospect in Elko, County – Nevada

By Glen Watson | May 5, 2020

Calgary, Canada – Crestview Exploration Inc. (CSE: CRS, Frankfurt: CE7) (“Crestview” or “the Company”) is pleased to announce it has entered into a lease with an option to purchase a 100% interest in the Castile Mountain precious metal prospect located in Elko County, northcentral Nevada.  This property is comprised of 8 unpatented lode claims covering…

Crestview Exploration Inc. Announces the Appointment of Scott Reeves to Advisory Board

By Glen Watson | April 21, 2020

Calgary, Canada – Crestview Exploration Inc. (CSE: CRS, Frankfurt: CE7) (“Crestview” or “the Company”) is pleased to announce it has appointed Mr. Scott Reeves to the Company’s Advisory Board. Mr. Reeves is a partner at TingleMerrett LLP in Calgary Alberta where he concentrates on securities, corporate finance and commercial transactions for emerging and growth companies,…

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By Glen Watson | April 15, 2020

Crestview Exploration Inc. (CSE: CRS, Frankfurt: CE7) (“Crestview” or the “Company”) is pleased to announce the engagement of Onyx Capital GmbH of Germany (“Onyx”) to be the Company’s key business development, technology, M&A and marketing consultant in Europe.  Onyx is engaged for a 2-year period and will receive 500,000 shares and warrants of the Company…

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By Glen Watson | April 14, 2020

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By Glen Watson | April 8, 2020

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Crestview warns holders of buy recommendations

By Glen Watson | April 8, 2020

Crestview Exploration (‘’Crestview’’ or the ‘’Company’’) has been made aware by regulators in Canada, that buy recommendations and letters including unsolicited and unfounded forward-looking statements are being circulated by mail in Canada. Crestview advises all investors and potential investors, to properly verify the information provided by any individual and or third parties regarding buy recommendations.…

Crestview Exploration Completes a UAV/Drone Photogrammetric Survey Over Rock Creek Project – Elko, County, Nevada

By Glen Watson | February 4, 2020

Calgary, Canada (February 04 2020) – Crestview Exploration Inc. (CSE: CRS) (“Crestview” or the “Company”) announced it has conducted a UAV/drone photogrammetric survey over the entirety of the Rock Creek claim position. The purpose of the survey was threefold. First, we used the collected data to generate a digital surface model (DSM) for building high…

Crestview Exploration Confirms Two Important Gold Targets at Their Rock Creek Project – Elko, County, Nevada

By Glen Watson | January 16, 2020

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Crestview Exploration Inc. Completes Phase 1 Fall Exploration Program at The Rock Creek Property in Elko County, Nevada

By Glen Watson | December 3, 2019

Calgary, Canada (December 2nd, 2019) – Crestview Exploration Inc. (CSE: CRS) (“Crestview” or the “Company”) announces that their Phase 1 Fall exploration program was completed at the Rock Creek gold property located in Elko County, Nevada. After obtaining access agreements with the neighbouring fee land owners, the company engaged Walsh Reclamation Inc. of Elko, Nevada…

CRESTVIEW EXPLORATION INC. COMMENCES TRADING ON THE CANADIAN SECURITY EXCHANGE

By Glen Watson | September 9, 2019

Calgary, Canada (September 9, 2019) – Crestview Exploration Inc. (CSE: CRS) (“Crestview” or the “Company”) announces that following receipt on the final non-offering prospectus granted by British Columbia Securities Commission on August 23, 2019; the Company’s common shares will commence trading today on the Canadian Securities Exchange (the “CSE”) under the ticker symbol “CRS”. The…

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