- Arizona: Elephant Country
and mining friendly
- Patented claims with high-grade historical mines
- First time consolidated ownership
- No modern exploration prior to ownership consolidation
The Silver Mountain Project is located in Yavapai County, Arizona, USA, approximately 100 kilometres northwest of Phoenix. Ariona has a rich history of mining and currently accounts for two-thirds of copper production in the United States.
Silver Mountain’s appeal is based on a number of compelling factors, including a highly prospective copper-gold region, the geological setting, and a lack of modern day exploration.
Silver Mountain comprises three main prospects known as Pacific Horizon, Scarlett, and Red Mule, which all wholly-owned by Eagle Mountain. The prospects are located between 15 to 25 kilometres from the well-known mining town of Crown King. The project is accessed via unsealed roads with travel times ranging from 1.5 to 2 hours each way.
Eagle Mountain holds patented claims over the Pacific Horizon prospect, which means it wholly-owns the mineral rights and surface rights, with no royalties payable. The surrounding land is 100% controlled unpatented claims and exploration permits, giving the company the royalty-free mineral rights. The company is currently laying the groundwork for an aggressive diamond drilling program, which will mark the first-time modern exploration has been undertaken over the project area.
Silver Mountain sits on the northwest-southeast Laramide Arc, a geological feature that contains world-class porphyry copper mines such as Bagdad, Miami and Resolution. The Project also lies on the southern extension of a northeast-southwest prospective metallogenic belt which hosts the historical volcanogenic massive sulphide (VMS) mines, United Verde and Iron King.
Porphyry copper deposits are among the largest in the world and account for 60% of annual world copper production. VMS deposits tend to be smaller than porphyries, but are rich in base and precious metals, and often form in clusters.
The intersection of these two trends has created a highly attractive geologic setting with potential for multiple styles of mineralisation. Eagle Mountain has already begun mapping, sampling, nd testing the area with geophysics and plans to begin an aggressive drilling program in 2018.
Prior to the work undertaken by Eagle Mountain, documented modern exploration at Silver Mountain is limited to geophysical and mapping programs completed in the 1960s and 1970s, and mapping and sampling by Dr Linus Keating in the early 1990s.