Gold Basin Resource Corp. is focused on advancing the Gold Basin Project, located in Mohave County, NW Arizona.
The Phase II ~12,000m, 110-hole drill program was recently completed at the Cyclopic and Stealth deposits.
The 40 km² Gold Basin property contains multiple near-surface, oxide gold deposits – the most significant are the Cyclopic and Stealth Deposits.
- Cyclopic is a multiple, vertically stacked, broad sub-horizontal zones of gold mineralization from surface to 90m depth.
- Stealth is 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: ~91M shares outstanding, with 15% held by management.
Gold Basin Resources 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 Discovery Group.Find out more