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GoldTech is a leader in the exploration, testing, development, operation and sale of gold, silver, and copper mines. The company currently holds a significant number of mineral properties, and is constantly seeking out and acquiring new properties for acquisition and development, or for sale or joint venture.


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GOLD DIKE MINE

 

 

GOLD DIKE IS AN EXPLORATION LEVEL PROJECT WITH MUCH PROMISE. THE ESTIMATED MINERAL RESOURCE BASED ON HISTORICAL TESTING RESULTS IS 1,440,000 OUNCES OF GOLD.

Due to the early stage nature of this project, and the additional exploration work necessary to prove out the mineral resource, the sellers will be flexible on terms of sale.

 

Location:  Near Wickenburg, Arizona. There are six unpatented claims on BLM administered land

 

Estimated Mineral Resource:  There is an estimated 12 million tons within the “core” zone only…….based on physical dimensions of exposure, old workings, limited sampling; translating into an estimated 1,440,000 ounces of gold.

 

Access: The property is located east of Wickenburg, Arizona via the Castle Springs road and a short segment of mine road.  The claims are easily accessible by exiting the Highway approximately ten miles southeast of Wickenburg and travelling roughly nine miles northeast on the Castle Springs Road which is a very well maintained County Road.  The Mine lies a short distance of one mile west of the Castle Springs Road by means of the original mine road.  This road is normally in very good condition.

 

Potential:  The Gold Dike Mine is a very old property, having produced “hi-grade” gold ore from several underground and surface workings.  This ore was extracted from veins, veinlets, and lenses of gold-rich quartz-limonite-hematite, hosted by a stockwork shear zone that measures on surface a minimum of 1000’ x 500’ and at least 300’ thick.  Underground exposures are now limited but indicate greater thickness than exposed.  The shear zone appears to extend both north and south along strike but with an unknown dimension and very limited exposure.  Gold Dike’s current potential is that of a much larger target than that which was exploited during the early days of mining in which “hi-grade” ore only was considered economic.  The stockwork nature of the deposit, hosting a multitude of veins, veinlets, and brecciation, provide a target with dimensions that make it worthy of consideration for modern-day mining and favorable current metal prices.  The deposit is flat-lying and dip-slope which will make surface mining very favorable and economic if the gold tenor is sufficient.  Limited sampling suggests that the ore tenor will be more than adequate to support a surface mining program; however, an aggressive drilling program is first needed to accurately define both tonnage and grade.  Recent but limited surface and underground sampling indicates ore tenor in excess of 0.12 oz/ton Au.  In fact, the large primary dump from an old decline averages 0.14 oz/ton Au, and represents the “waste” surrounding the veins and veinlets previously mined.  This particular dump contains several thousand tons of what can be viewed as a large bulk sample from the heart of the stockwork.  Surface and underground sampling ranges from .01 to well over 3 oz/ton Au.  The higher grades are from the quartz veins and veinlets; the lower ore tenor from the stockwork itself.  One recent dozer cut averages 0.11 oz/ton Au from a hangingwall exposure of the stockwork near surface.

Additional potential exists in silver and copper values that have yet to be explored and delineated by drilling.  Extreme “hi-grade” copper values in chalcocite have been obtained from select dump samples that obviously have been brought up from previous “turn of the century” underground mining. The deposit can be further outlined with multiple geophysical exploration programs.