The Buz project consists of 30 mineral claims covering approximately 240 hectares in Lander County, Nevada. This property is located approximately seven kilometers to the northeast of the Company’s Highland Property, where the geologic setting is similar.
Like the Company’s other projects in Nevada, the Buz Property is a low‐sulphidation epithermal gold/silver system. Surface samples of veins and historic small mine dumps contain gold and low concentrations of silver and base metals. Vein textures, geochemistry, and geologic setting indicate minimal erosion and suggest that the main zone of boiling and gold mineralization should lie at depth. The mineralized structures have not been tested by drilling except for one historic hole, for which no data is available.