The Telegraph Mine
PROJECT OVERVIEW:
–.21 oz Au/ton average (510,440 tons measured ore after dilution surface exposed and to a depth of 250′)
–107,192 measured oz Au, NPV $48,427,617 (at $1,350 per oz Au)
-Low sulphidation epithermal boiling deposit
-Mineralization consistent to a depth of 1500′
-Vein is traceable along strike for 3200′ (mineralized throughout length)
–3 patented claims, 5 unpatented claims
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VEIN DRILLING AVERAGES:
TELEGRAPH CLAIM
-64 drill intercepts
-.51 oz Au/ton average width 8′
TELEGRAPH SOUTH CLAIM
-23 drill intercepts
-.45 oz Au/ton, average width 5′
Reports
History
The Telegraph Mine has an extensive mining history. The History of Telegraph Ore Deposit, Development and Ownership provides a detailed account of this history, including:
-Early Historical Mining Data (Through 1967)
-Telegraph Mine Record of Production Through 1948
-Drilling by Geologist/Metallurgist Tomo Ito in 1968-1969
-Historical Mine Data ( 1974 Through 1981) Owens and Dr. Jensen’s Reserves
-Present Ownership
The Telegraph Mine is located in California, conveniently situated just a few hundred yards off of I-15, between the Halloran Springs and Halloran Summit exits. It is in a high desert environment, with pleasant temperatures and ideal mining weather year-round.