All American Gold Corp. is focused on the acquisition and exploration of mineral property holdings in Nevada, the nation’s top gold producing state. The company executes its mission to strengthen its exploration portfolio by evaluating new gold opportunities throughout the United States, and is currently working three projects in Nevada: Iowa Canyon, Belleville and Goldfield West.
The company holds a 70 percent interest in the Belleville property, which is located about 250 miles northwest of Las Vegas, Nev. The project is comprised of ten, unpatented mining claims on approximately 74 acres. Nevada’s high desert climate and geological set-up allow for year-round exploration and mining.
Belleville is in close proximity to recent and historic producing mine, including the Candelaria Silver Mine, which is ten miles to the east, and the Marietta Mine, six miles to the west; both mines lie within the Walker Lane structural and mineral belt, as does Belleville. The Candelaria Silver Mine has produced more than $30 million in mineral resources.
So far, three potential drilling projects have been identified at the Belleville project, one of which is a set of gold bearing shear zones; the second drill target is a geophysical anomaly indicating the apparent extension of the mineralized shears under pediment; the third target occurs at the intersection of the mineralized structures with a major lithologic contact.
Exposed rocks at Belleville are meta-sediments, meta-volcanics of the Triassic Excelsior formation, and granite intrusion of late Mesozoic age. The company reports that in the Excelsior package several old pits and adits are developed along two semi-parallel shears, which contain quartz veins, stockworks, and varying amounts of iron and copper minerals. In addition, rock chip samples from these workings reveal as much as 53 parts per million gold (ppm).
All American Gold is preparing to commence its exploration on the Belleville property in the near future, and is scheduled to begin testing of the geophysical anomaly with angled reverse circulation drilling this fall.
For more information visit www.allamericangoldcorp.com
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