Gold Basin Resource Corp. is focused on advancing the Gold Basin Project, located in Mohave County, NW Arizona.
A Phase II ~12,000m, 110-hole, drill program is currently underway, at the Cyclopic and Stealth deposits.
Investment Summary
- The 40 km² property contains multiple near-surface, oxide gold deposits – the most significant are the Cyclopic and Stealth Deposits
- Cyclopic: multiple, vertically stacked, broad sub-horizontal zones of gold
mineralization from surface to 90m depth. - Stealth: located ~900m SW of Cyclopic, on a parallel north-west trending host structure. Historical drilling shows significant, shallow gold mineralization along a strike length of 10km
- Option Agreement to acquire 100% interest in 40 unpatented mining claims located between the Cyclopic and Stealth deposits, consolidating the entire project area
- Attractive valuation: ~$19.9M ~91M shares outstanding with 15% held by management
The Company is led by an internationally experienced team with combined exploration, mine development, permitting, operating, and capital markets experience. Lead advisors include John Robins & Jim Paterson of the Discovery Group.
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