Walker Lane Belt
Longstreet Gold & Silver Project
Nye County, Nevada
Longstreet is an established, high-potential heap-leach gold project located in Nevada with strong potential cash flows and a path to production.
Operation Type: Conventional open-pit, heap-leach operation with Simple "blast, crush, leach" process and Estimated low strip ratio of less than 1-to-1.
PEA 2021 Resource Estimate
At $1,500 Au gold price cutoff
Upside Potential: At current prices, the cut-off grade will likely decrease, moving material from the waste pile to the leach pad, increasing production and cash flow.
Capital & Path to Production
Final Permitting
To finalize all necessary permits, and additional drilling and approvals
Mine Construction & Production Start-Up
For all site development, construction to start production
Timeline to Production
With the Plan of Operations submitted, the project is on path to production within 2 years
Annual Cash Flow Projections
| Gold Price | Silver Price | Annual Net Cash Flow |
|---|---|---|
| $2,500/oz | $25/oz | ~$38 Million |
| $2,700/oz | $30/oz | ~$45 Million |
| $3,000/oz | $35/oz | ~$53 Million |
| $3,500/oz | $40/oz | ~$68 Million |
Based on updated 2021 PEA Report. PEA 2021 Resource (at $1,500 Au): 93,100 oz Gold & 2,276,000 oz Silver (Indicated).
Target Zones
Main Zone
Average grade per 2021 PEA
Cypress Ridge
Best surface sample assays
North Slope
Best surface sample assays
Red Knob
Best surface sample assays
Opal Ridge
Best surface sample assays
Spire
Best surface sample assays
West Main
Not well sampled, often covered by post-mineral rock
NE Main
Not well sampled, often covered by post-mineral rock
De-Risked Permitting
Production possible within two years
Location
Geographic Location
- Coordinates: 38°22′0″ N, 116°40′00″ W
- 275 km (171 miles) northwest of Las Vegas
- 92 km (57 miles) northeast of Tonopah
- Region: Walker Lane Belt
Property Details
- Total Area: 1,149 hectares
- Claims: 137 unpatented + 5 leased
- Northeast-southwest oriented
- Approximately 3 km (1.9 miles) along strike within the Monitor Range
Drilling History
Reverse Circulation (RC) Drilling
Diamond Drilling
Project Gallery
