POD deposit

Site Name

Primary: POD deposit
Secondary: listed as part of RSM?s Pi?on project
Secondary: Also referred to as part of the Railroad property
Secondary: POD Zone
Secondary: Record includes the nearby East Jasperoid orebody

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Commodity

Primary: Gold
Secondary: Silver

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Location

State: Nevada
County: Elko
District: Robinson Mountain District

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Land Status

Land ownership: Private
Note: the land ownership field only identifies whether the area the mine is in is generally on public lands like Forest Service or BLM land, or if it is in an area that is generally private property. It does not definitively identify property status, nor does it indicate claim status or whether an area is open to prospecting. Always respect private property.
Administrative Organization: Elko BLM Administrative District

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Holdings

Not available

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Workings

Not available

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Ownership

Owner Name: Royal Standard Minerals, Inc.
Info Year: 2006

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Production

Not available

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Deposit

Record Type: Site
Operation Category: Producer
Deposit Type: replacement
Operation Type: Surface
Years of Production:
Organization:
Significant: Y
Deposit Size: S

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Physiography

Not available

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Mineral Deposit Model

Model Name: Sediment-hosted Au

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Orebody

Not available

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Structure

Not available

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Alterations

Alteration Type: L
Alteration Text: Devonian Lower Plate host rocks are altered.

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Rocks

Name: Granite
Role: Associated
Description: stock
Age Type: Associated Rock
Age Young: Tertiary

Name: Shale
Role: Host
Age Type: Host Rock
Age Young: Late Mississippian
Age Old: Early Mississippian

Name: Limestone
Role: Host
Age Type: Host Rock
Age Young: Late Devonian
Age Old: Middle Devonian

Name: Siltstone
Role: Host
Description: calcareous
Age Type: Host Rock
Age Young: Early Mississippian

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Analytical Data

Not available

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Materials

Ore: Gold

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Comments

Comment (Deposit): The Pod-East Jasperoid deposits on the northern portion of RoyalStandard?s claim block, are near surface oxide gold orebodies hosted by altered lower plate Devonian rocks. In 1998, the geological resource of the POD deposit was reported as 1.4 million tons grading 0.085 opt gold. It has been noted in the literature that the deposit may be pluton-related, and the property does encompass a stock, although genetic implications have not been substantiated.

Comment (Location): The claims covering the Pod-East Jasperoid deposit area are located about 4 miles (7 kilometers) south of Newmont?s Rain gold mine and 5 miles (8 kilometers) southwest of Emigrant Springs gold mine.

Comment (Workings): small open pit,test pit

Comment (Development): In 1997, the POD property was 50% owned by Exploration Brex Inc., and 50% owned by Exploration Mirandor Inc. who were conducting geologic mapping and sampling and planning a drill program. In 2004, Royal Standard Minerals owned the POD property as part of their Pi?on/Railroad Project, and was in an advanced exploration phase, having completed favorable leach tests on ore material from the POD deposit. In 2006, Royal Standard?s exploration was focused on developing the Main and North Pod near-surface zones in the South Bullion resource area, which includes a large, gold-silver bearing system with measured, indicated and inferred resources of 30.6 million tons grading 0.026 opt (0.01 opt cut-off). RSM sees for a deeper-lying feeder system beneath this low-grade surface mineralization. Their plans include pursuing a mining permit on this property in 2007 for an open pit heap leach operation.

Comment (Economic Factors): In 1996, reserves were reported as 200,000 ounces of gold. In 1997, the POD zone was reported to contain drill indicated reserves of 1.5 million tons of ore grading 0.085 opt Au, or 127,500 ounces of gold, and the East Jasperoid orebody contained an additional 40,000 contained ounces for a total of 167,500 contained ounces of gold.

Comment (Identification): This record includes the POD deposit and the nearby East Jasperoid orebody a few hundred meters away. The POD deposit is controlled by Royal Standard Minerals and included in their Pi?on property descriptions , but is located about a mile south of the main Trout Creek/South Bullion deposit, which is described in a separate MRDS record. The Main and North Pod deposits are noted on the Royal Standard website but no location information is given for them.

Comment (Commodity): Ore Materials: gold

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References

Reference (Deposit): Amer. Mines, 1997 thru 2000

Reference (Deposit): Long, K.R., DeYoung, J.H., Jr., and Ludington, S.D., 1998, Database of significant deposits of gold, silver, copper, lead, and zinc in the United States; Part A, Database description and analysis; part B, Digital database: U.S. Geological Survey Open-File Report 98-206, 33 p., one 3.5 inch diskette.

Reference (Deposit): Rayias, 1999

Reference (Deposit): Mirandor Exploration website: http://www.mirandor.com/
URL: http://www.mirandor.com/

Reference (Deposit): Royal Standard website: www.royal-standard.com

Reference (Deposit): Exploration Brex press release 6/25/97

Reference (Deposit): NBMG MI-93 thru MI-02

Reference (Deposit): NBMG Map 91, 2nd, 3rd

Reference (Deposit): Battle Mountain Land Status Map, 1975

Reference (Deposit): 2004, 2006 Royal Standard Minerals website.

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Nevada Gold

Nevada has a total of 368 distinct gold districts. Of the of those, just 36 are major producers with production and/or reserves of over 1,000,000 ounces, 49 have production and/or reserves of over 100,000 ounces, with the rest having less than 100,000 ounces. Read more: Gold Districts of Nevada.