CSE: GXX

Gold Basin Property

Gold Basin is a 25km2 bulk-tonnage, oxide gold property in Mohave County, Arizona, approximately 1.5 hours’ drive from Las Vegas, Nevada.

This brownfields project has a considerable amount of drilling data delivered by previous owners and was fully-permitted in the 1990’s as an open-pit, heap-leach operation, although the development did not proceed.

Gold Basin Corp commenced drilling on the project in November of 2020 to expand the known mineralised area. The mineralisation identified in historical drilling is open in all directions, indicating that the project has outstanding geological potential for a considerable gold endowment.

Drilling completed in mid-2019 by an ASX-listed company (a current shareholder of Gold Basin Resources Corporation) was combined with historic drilling data to deliver a JORC-compliant Inferred Resource. Importantly, Gold Basin Corp deems this resource to be “Historical” and is currently re-examining the resource data and renovating the documentation in order to update the resource and produce a NI 43-101 for the Gold Basin Property.

The Gold Basin Project is located within a major geological trend in NW Arizona in the USA, the transition zone between the highly-productive geology of Walker Lane and the southern copper belt.

Capitalization

Issued & Outstanding: 70,901,528
Reserved for Issuance: 19,779,563
Issued & Outstanding Warrants: 17,484,663
Issued & Outstanding Stock Options: 2,294,900

Company Information

Transfer Agent: TSX Trust Company
Legal: Lotz & Company
Audit: Manning Elliot LLP Chartered Professional Accountants

Investor Relations & Media Contact

Andrew Mendelawitz
Investor Relations
Email: Andrew@goldbasincorp.com

Contact

(+1) 778 650 5457
info@goldbasincorp.com