Nevada accounts for nearly 80% of annual gold production in the USA.
Located in Nevada on the Prolific Battle-Mountain-Eureka Gold Belt, ~5km from Eureka.
The Ruby Hill Mine hosts the FAD Deposit located next to the previously producing Archimedes pit.
FAD is largely under-explored and has not been tested in +50 years. FAD was not a priority target when it was previously owned by Barrick.
The FAD Project
The FAD Project is located in Eureka County, Nevada USA in the Prospect mountains. The Property consists of 156 unpatented lode mining claims, and 110 patented claims, totaling approximately 1,467 ha. The FAD Property exploration is primarily situated on patented claims which historically has a shorter permitting time.
Nevada has a long history of gold and base metals mining from the Eureka district. Nevada accounts for nearly 80% of annual gold production in the United States and was recently ranked number one in 2021 as the most attractive jurisdiction globally for mining investment by the Fraser Institute.
The FAD deposit is located south of the i-80 Gold Corp’s Ruby Hill project (which includes the Archimedes pit and was operated by Placer/Barrick). Unless otherwise indicated, the term “Ruby Hill”, where used on this Website, refers to the historic Ruby Hill mine and its associated mineral claims which are located on the FAD Property and are part of the FAD mineral concession, and does not refer to the project operated by i-80 Gold Corp. under the same name.