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McNary Project

Property HighlightS

  • 31 BLM claims located 15 km SW of Prescott, AZ.
  • Historic report grades indicate avg. grades of Au 8.5 g/t and up to 78 g/t .
  • Arizona is a top mining-friendly jurisdiction.
  • 2019 exploration verified 2m vein grading Au 39.8 g/t within the upper adit.
  • Deposit style is orogenic, shear veins containing breccia zones in quartz-tourmaline.
  • A NW gold soil anomaly extension discovered in 2019. 
  • 2023 exploration program of tight grid soil sampling and EM geophysics survey to further define targets.

McNary Project

The McNary project is situated 15 km southwest of Prescott, Arizona, and encompasses 31 BLM claims.

 

It lies just 2 km west of a significant copper deposit with 228 million tonnes at 0.4% copper. 

 

The site’s accessibility is enhanced by its proximity to major highways, rail networks, and an electric power grid, all within 5 km.

 

Historically, the project has reported high-grade gold, with average grades reported at 8.5 g/t and peaks up to 78 g/t. 

 

Five former gold, copper, and zinc mines are located within a 5 km radius. 

 

Arizona’s reputation as a mining-friendly jurisdiction is well known.

McNary Location Map

Property history

The McNary Gold Mine’s origins trace back to around 1889, marking it as a significant historical site in Arizona’s mining landscape.

 

The mine was operational until 1930, with historical records indicating a production of approximately 1600 ounces of gold.

 

The property has undergone several ownership changes, initially staked by Redline Mining Corporation in 2017, and later acquired by Crown Minerals. 

McNary vein surface exposure
Surface exposure of McNary vein, bare patch in left background is portal.
McNary Lower Adit Portal
McNary Lower Adit Portal

Geological setting

The McNary Gold Mine Project is situated within the Yavapai Formation in Yavapai County, Arizona. This formation is characterized by Precambrian metamorphic rocks and related intrusives, reflecting a complex geological history.

 

 

Age and Formation: The rocks in the area date back to around 1800 million years ago (Ma), indicating their formation in an ancient island arc environment. This timeframe places the geological features in the Proterozoic eon, a period known for significant crustal growth and tectonic activity.

 

 

Accretion to North American Craton: These geological formations were later accreted to the North American craton around 1200 Ma. The accretion process involved the collision and amalgamation of the island arc with the continent, leading to further geological complexity and diversity in mineral deposits.

 

 

Metamorphic and Intrusive Characteristics: The metamorphic nature of the rocks, coupled with the presence of granitic intrusions, provides a unique geological canvas. Such settings are often conducive to various mineralization processes due to the interaction of different rock types and the influence of intrusive events.

 

 

Mineralization

 

The McNary Gold Mine exhibits a distinctive pattern of mineralization, primarily characterized by a gold-bearing quartz-tourmaline vein.

 

Gold-Bearing Vein

 

Brecciation Events: The vein has undergone post- or syn-mineral brecciation, indicating that it has been affected by geological processes after or during the mineralization. Brecciation, involving the breaking and cementing of rocks, often enhances the permeability and porosity of the rock, potentially aiding in further mineral deposition.

 

Precambrian Mineralization Event: The mineralization is believed to be a Precambrian event, as the veins are found only in stocks dating back to circa 1200 Ma. This timing suggests that the mineralization occurred during or shortly after the accretion to the North American craton.

 

Associated Alteration: Alteration associated with the vein includes primarily fine-grained white mica. Such alteration patterns are indicative of hydrothermal processes and are commonly associated with gold deposits.