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F E B R U A R Y / M A R C H 2 0 1 8
In
Nevada Exploration
and Mining Roundup
First there was silver, then there was gold – now
Nevada is seeing lithium exploration heating up
by Peter Kennedy
In Nevada exploration circles the name
John Livermore is golden. His discover-
ies along the fabled Carlin Trend helped
to establish the Silver State as one of the
world's leading centres for gold explo-
ration, home to the world's leading
producers Barrick Gold Corp. [ABX-TSX,
ABX-NYSE], Newmont Mining Corp.
[NEM-NYSE], and Kinross Gold Corp.
[K-TSX; KGC-NYSE] which have major
operations there.
Nearly 60 years after Livermore's Carlin
Mine discovery, the Cordex Syndicate, the
company he founded in 1969, is still pros-
pecting for gold under the leadership of
Andy Wallace, a 69-year old geologist with
an impressive track record of discover-
ies. In an interview with Resource World,
Wallace expressed the view that even after
recent finds such as Barrick Gold's huge
Goldrush Project, there is still a lot more
gold to be found in Nevada.
Leading candidates to become the next
mine, he said, include Gold Standard
Ventures Corp.'s [GSV-TSX; GSV-NYSE]
Railroad Pinion Project, NuLegacy Gold
Corp's. [NUG-TSXV; NULGF-OTCQX]
Iceberg Project, Corvus Gold Inc.'s [KOR-
TSX; CORVF-OTCQX] North Bullfrog,
and Northern Empire Resources Corp.'s
[NM-TSXV, PSPGF-OTC] Sterling Project.
"Everybody is waiting for one of these
to make a mine,'' said Wallace. "None of
them are quite there yet; Gold Standard is
probably the closest."
New production from any of those
sites would add to a mining legacy that
has made Nevada the fourth best jurisdic-
tion in the world for mining investments,
according to the Fraser Institute. In 2015,
Nevada produced 9.5 million ounces of sil-
TOP: Rye Patch Gold's Florida Canyon Mine,
located half way between Lovelock and
Winnemucca, Nevada, is approximately 30
km north of the company's Wilco, Lincoln
Hill and Gold Ridge projects. The mine sits
immediately adjacent to Interstate 80 and
is about 210 km northeast of Reno. Photo
courtesy Rye Patch Gold Corp.
