Tuscarora District
100% controlled, 10,000+ acre silver-gold project, located outside of Elko at the intersection of the Carlin and Independence Trends.
Tuscarora District
100% controlled, 10,000+ acre silver-gold project, located outside of Elko at the intersection of the Carlin and Independence Trends.
About the Tuscarora District
The Tuscarora volcanic field is the largest example of Eocene-age magmatism in Nevada, formed between 39.9 and 39.3 Ma (million years ago) - aligning with the 40–37 Ma period of gold mineralization in the Carlin Trend, the most prolific gold belt in North America.
This represents the strongest phase of gold mineralization known in the Basin and Range Province. Historically, production from placers, quartz veins and stockwork in the district exceeded 500,000 ounces of gold and 7.5 million ounces of silver, establishing it as one of Nevada’s classic high-grade epithermal districts.
Source: 43-101 Compliant Technical Report, January 7, 2026 – section 1.3.
Recent Exploration History
Modern Exploration Work Completed to Date
2016 – Novo Resources drill program (10 holes; 1,405m)
2018 – American Pacific drill program (16 holes; 3,100m)
2019 – American Pacific JV drill program (7 holes; 2,300m)
2021 – American Pacific rock sampling program (135 samples)
2022 – American Pacific drill program (33 holes; 5,500m)
2023 – Rock sampling program, CSAMT groundwork
Source: 43-101 Compliant Technical Report, January 7, 2026 – total drilling from 1996 to 2022.
Key Results:
Rock chip samples grabbed by American Pacific in 2021 had grades of up to 21,032 g/t Au and 38,820 g/t Ag¹
In 2016, Novo Resources drilled and had intercepts at South Navajo of 4.6 m of 127.08 g/t Au, including 1.5 m of 368.31 g/t Au and 1.5 m of 52.37 g/t Au²
American Pacific drilled more recently at South Navajo, and had intercepts of 13.7 m of 1.74 g/t Au, including 12.2 m of 3.44 g/t Au³
Source 1: 43-101 Compliant Technical Report, January 7, 2026 – September 15, 2021 American Pacific Mining Press Release, Eric Saderholm, Table 9-5 and Figure 9-20.
Source 2: 43-101 Compliant Technical Report, April 3, 2020 – table of significant historical drilling intersections. Select figures included here.
Source 3: 43-101 Compliant Technical Report, January 7, 2026 – Modoc significant assays. Select figures included here.
Sample Program Highlights (2021)
Assay results from multiple mineral targets show a wide range of gold (Au) and silver (Ag) grades, with several sites returning exceptionally high values. Highlights include:
Grand Prize: 21,032 g/t Au and 38,820 g/t Ag
Argentina: 882 g/t Au and >10,000 g/t Ag
Young American: 116.50 g/t Au and 743 g/t Ag
Modoc: 2,850 g/t Au and 1,460 g/t Ag
Unnamed Target 1: 32.70 g/t Au and 29 g/t Ag
Unnamed Target 2: 11.50 g/t Au and 14 g/t Ag
Source 1: 43-101 Compliant Technical Report, January 7, 2026 – Select 2021 high-grade samples, Table 9-5 and Figure 9-20.
2026 Target Areas
Over 10 targets, many with untested district scale potential
Source: 43-101 Compliant Technical Report, January 7, 2026
Historical Drill Highlights
Novo Drilling Program (2016)¹
South Navajo Zone | East Pediment Zone |
|---|---|
4.6m of 127.08 g/t Au (including 1.5m of 368.31 g/t Au) | 1.5m of 52.37 g/t Au |
1.5m of 51.06 g/t Au | 1.5m of 4.14 g/t Au |
1.5m of 27.61 g/t Au | |
1.5m of 18.40 g/t Au | |
3.1m of 16.06 g/t Au (including 1.5m of 27.20 g/t Au) | |
1.5m of 13.55 g/t Au | |
3.1m of 13.42 g/t Au |
Source 1: 43-101 Compliant Technical Report, April 3, 2020 – table of significant historical drilling intersections.
American Pacific Drilling Program (2018–2022)²
South Navajo Zone | Modoc Zone |
|---|---|
9.1m of 5.88 g/t Au (including 3.0m of 13.42 g/t Au) | 94.9m of 0.38 g/t Au (including 4.6m of 1.08 g/t Au) |
1.5m of 10.30 g/t Au | 64.0m of 0.13 g/t Au and 11.00 g/t Ag (including 1.5m of 0.58 g/t Au and 2.50 g/t Ag) |
18.2m of 1.03 g/t Au (including 1.1m of 9.22 g/t Au) | 6.1m of 1.81 g/t Au and 11.00 g/t Ag (including 1.5m of 6.89 g/t Au and 29.00 g/t Ag) |
13.7m of 1.74 g/t Au (including 12.2m of 3.44 g/t Au) | 30.5m of 0.14 g/t Au and 4.00 g/t Ag (including 3.1m of 0.42 g/t Au and 13.00 g/t Ag) |
6.1m of 2.06 g/t Au | |
7.6m of 2.47 g/t Au | |
3.0m of 10.73 g/t Au (including 1.5m of 27.20 g/t Au) | |
4.5m of 6.51 g/t Au (including 1.5m of 15.90 g/t Au and 1.5m of 10.95 g/t Au) | |
1.5m of 9.16 g/t Au | |
13.7m of 2.48 g/t Au (including 1.5m of 12.13 g/t Au) | |
13.7m of 1.74g/t Au | |
12.2m of 3.44 g/t Au (including 1.5m of 18.40 g/t Au) | |
2.3m of 2.07 g/t Au |
Source 2: 43-101 Compliant Technical Report, January 7, 2026 – Section 10.2 and 10.3, summary of 2018 and 2022 drill programs.
2026 Exploration Plan
Integrated Field Program
Surface Sampling: Systematic rock-chip and soil sampling to define geochemical anomalies.
Geological Mapping: Detailed structural and lithological mapping to enhance the model and guide target prioritization.
3D Modeling: Compile lithology, structure, geophysics, drilling, and geochemistry.
Claim Staking: Expand property package through targeted staking contiguous with existing claims.
Phase-1 Drill Program
To commence in Q2
_________________________________________
Technical information: see Disclaimer.
About the Tuscarora District
The Tuscarora volcanic field is the largest example of Eocene-age magmatism in Nevada, formed between 39.9 and 39.3 Ma (million years ago) - aligning with the 40–37 Ma period of gold mineralization in the Carlin Trend, the most prolific gold belt in North America.
This represents the strongest phase of gold mineralization known in the Basin and Range Province. Historically, production from placers, quartz veins and stockwork in the district exceeded 500,000 ounces of gold and 7.5 million ounces of silver, establishing it as one of Nevada’s classic high-grade epithermal districts.
Source: 43-101 Compliant Technical Report, January 7, 2026 – section 1.3.
Recent Exploration History
Modern Exploration Work Completed to Date
2016 – Novo Resources drill program (10 holes; 1,405m)
2018 – American Pacific drill program (16 holes; 3,100m)
2019 – American Pacific JV drill program (7 holes; 2,300m)
2021 – American Pacific rock sampling program (135 samples)
2022 – American Pacific drill program (33 holes; 5,500m)
2023 – Rock sampling program, CSAMT groundwork
Source: 43-101 Compliant Technical Report, January 7, 2026 – total drilling from 1996 to 2022.
Key Results:
Rock chip samples grabbed by American Pacific in 2021 had grades of up to 21,032 g/t Au and 38,820 g/t Ag¹
In 2016, Novo Resources drilled and had intercepts at South Navajo of 4.6 m of 127.08 g/t Au, including 1.5 m of 368.31 g/t Au and 1.5 m of 52.37 g/t Au²
American Pacific drilled more recently at South Navajo, and had intercepts of 13.7 m of 1.74 g/t Au, including 12.2 m of 3.44 g/t Au³
Source 1: 43-101 Compliant Technical Report, January 7, 2026 – September 15, 2021 American Pacific Mining Press Release, Eric Saderholm, Table 9-5 and Figure 9-20.
Source 2: 43-101 Compliant Technical Report, April 3, 2020 – table of significant historical drilling intersections. Select figures included here.
Source 3: 43-101 Compliant Technical Report, January 7, 2026 – Modoc significant assays. Select figures included here.
Sample Program Highlights (2021)
Assay results from multiple mineral targets show a wide range of gold (Au) and silver (Ag) grades, with several sites returning exceptionally high values. Highlights include:
Grand Prize: 21,032 g/t Au and 38,820 g/t Ag
Argentina: 882 g/t Au and >10,000 g/t Ag
Young American: 116.50 g/t Au and 743 g/t Ag
Modoc: 2,850 g/t Au and 1,460 g/t Ag
Unnamed Target 1: 32.70 g/t Au and 29 g/t Ag
Unnamed Target 2: 11.50 g/t Au and 14 g/t Ag
Source 1: 43-101 Compliant Technical Report, January 7, 2026 – Select 2021 high-grade samples, Table 9-5 and Figure 9-20.
2026 Target Areas
Over 10 targets, many with untested district scale potential
Source: 43-101 Compliant Technical Report, January 7, 2026
Historical Drill Highlights
Novo Drilling Program (2016)¹
South Navajo Zone | East Pediment Zone |
|---|---|
4.6m of 127.08 g/t Au (including 1.5m of 368.31 g/t Au) | 1.5m of 52.37 g/t Au |
1.5m of 51.06 g/t Au | 1.5m of 4.14 g/t Au |
1.5m of 27.61 g/t Au | |
1.5m of 18.40 g/t Au | |
3.1m of 16.06 g/t Au (including 1.5m of 27.20 g/t Au) | |
1.5m of 13.55 g/t Au | |
3.1m of 13.42 g/t Au |
Source 1: 43-101 Compliant Technical Report, April 3, 2020 – table of significant historical drilling intersections.
American Pacific Drilling Program (2018–2022)²
South Navajo Zone | Modoc Zone |
|---|---|
9.1m of 5.88 g/t Au (including 3.0m of 13.42 g/t Au) | 94.9m of 0.38 g/t Au (including 4.6m of 1.08 g/t Au) |
1.5m of 10.30 g/t Au | 64.0m of 0.13 g/t Au and 11.00 g/t Ag (including 1.5m of 0.58 g/t Au and 2.50 g/t Ag) |
18.2m of 1.03 g/t Au (including 1.1m of 9.22 g/t Au) | 6.1m of 1.81 g/t Au and 11.00 g/t Ag (including 1.5m of 6.89 g/t Au and 29.00 g/t Ag) |
13.7m of 1.74 g/t Au (including 12.2m of 3.44 g/t Au) | 30.5m of 0.14 g/t Au and 4.00 g/t Ag (including 3.1m of 0.42 g/t Au and 13.00 g/t Ag) |
6.1m of 2.06 g/t Au | |
7.6m of 2.47 g/t Au | |
3.0m of 10.73 g/t Au (including 1.5m of 27.20 g/t Au) | |
4.5m of 6.51 g/t Au (including 1.5m of 15.90 g/t Au and 1.5m of 10.95 g/t Au) | |
1.5m of 9.16 g/t Au | |
13.7m of 2.48 g/t Au (including 1.5m of 12.13 g/t Au) | |
13.7m of 1.74g/t Au | |
12.2m of 3.44 g/t Au (including 1.5m of 18.40 g/t Au) | |
2.3m of 2.07 g/t Au |
Source 2: 43-101 Compliant Technical Report, January 7, 2026 – Section 10.2 and 10.3, summary of 2018 and 2022 drill programs.
2026 Exploration Plan
Integrated Field Program
Surface Sampling: Systematic rock-chip and soil sampling to define geochemical anomalies.
Geological Mapping: Detailed structural and lithological mapping to enhance the model and guide target prioritization.
3D Modeling: Compile lithology, structure, geophysics, drilling, and geochemistry.
Claim Staking: Expand property package through targeted staking contiguous with existing claims.
Phase-1 Drill Program
To commence in Q2
_________________________________________
Technical information: see Disclaimer.
Overview:
10,000 Acre Land Package acquired in March 2026.
Past Production:
Nearby-production from Dexter Pit - 40,000 ounces of gold, 250,000 ounces of silver between 1989 and 1990.
Source: 43-101 Compliant Technical Report, January 7, 2026 – Table 7-1.
Exploration Spend by Vendor:
$6.3M CAD, who owned it between 2018 and 2026.
Source: Total spend sourced from American Pacific Mining September 30, 2025 Financial Statements.
Client:
10,000 Acre Land Package acquired in March 2026.
Client:
10,000 Acre Land Package acquired in March 2026.
Service:
Nearby-production from Dexter Pit - 40,000 ounces of gold, 250,000 ounces of silver between 1989 and 1990.
Past Production
Nearby-production from Dexter Pit - 40,000 ounces of gold, 250,000 ounces of silver between 1989 and 1990.
