The Baner property consists of 204 contiguous unpatented claims covering approximately sixteen and half square kilometers. All claims are in good standing. These claims cover a geological environment that is permissible for the formation of both shear zone hosted and intrusion related orogenic precious metal deposits. Historical mining operations within and north of the Property exploited narrow high grade vein and lower grade stockwork vein mineralized zones of these types of mineral systems. Previously completed exploration over the property included gridded soil sampling and airborne and ground based geophysical surveys and limited rock sampling programs resulting in gold and silver values that indicate the potential to form an economic deposit. The historical exploration has outlined an exploration target named the Aplite Dyke which trends north-south through the Baner Property and Baner Project. A second target area of historically exploited high grade veins (Vein One and Vein Two among others) also is highlighted with the property scale work but has yet to be evaluated more systematically.
The existence of carbonate and silica alteration and mineralization with strong precious metals grades in the historical record and in recent sampling as described above and summarized below, indicates the potential for the Baner Property to host deposits of economic interest. Accordingly, the Baner Property is considered a property of merit given its prospectivity for new discoveries and defining historically worked mineralized bodies.
Key objectives for the 2018 field season is to confirm the high values in soil samples previously reported, understand the alteration zonation around mineralization of interest, and confirm geological controls (structures and lithologies). This information should then be used to evaluate the high priority Vein and Aplite Dyke targets for deposit potential.
A 5,000 m drill program is planned for the property commencing in the Spring 2018.