The recently optioned Clanton Hills property:
Supernova is the first company to test this target of John Livermore’s and Andy Wallace’s, whom are considered by many to rank amongst the most successful explorers in the United States, with an unprecedented combined 10 discoveries that developed into mines. This property presents a drill target with the potential to host large volumes of lower grade silver mineralization over long intercepts in the walls of the structures, in addition to conventional higher-grade mineralization over the narrower widths of the veins that are typical of the district.
Clanton Hills resembles many low-sulfidation, epithermal deposits in the Cordillera of the Western Hemisphere, but is unusual as silver and gold values are present over considerable widths, up to 30 metres, in the wall rocks of mineralized structures. The shallow nature of the Clanton Hills structures suggests open-pit potential, making the Clanton Hills target a truly unique and potentially scalable opportunity for a primary silver discovery in the United States.
Clanton Hills is centred around a bedrock knob approximately a few hundred feet in diameter, and most the claims cover the pediment surrounding the knob where gravel cover is likely to be ten to fifty feet thick.
Previous owners mapped and sampled, both continuous chip sampling and irregularly spaced outcrop sampling, irregularly shaped bodies of quartz and calcite in the silicified breccia making up the knob with the samples returning silver values from 12-242 g/t and gold values up to 0.17 g/t gold.
The breccia is interpreted to have been formed along a northwesterly-trending range front fault, which is mostly covered with shallow gravel. In addition, Columbus completed 3 lines of CSAMT geophysical survey, oriented perpendicular to the known structure. This work identified the known northwest-trending fault and two additional parallel faults completely covered with shallow alluvium.
Supernova believes that the mineralization on the small knob is open along strike and at depth. Further, the two parallel fault zones identified by Allegiant Gold through a the CSAMT survey represent another high-quality exploration target at Clanton Hills.