Phoenix Global Mining
Phoenix Increases Empire Mine Land
Position by 3,880 Acres
Phoenix Global Mining (“Phoenix”) has announced a threefold increase
in its Empire Mine land holding, to the north and west of the Horseshoe
Claim Block at Windy Devil and at Navarre Creek. 194 new claims have
been staked covering extensions to known mineralisation.
This highlights of the land acquisitions are:
• The Company has increased its Empire Mine land position by
3,880 acres, and now has a total land package of 5,717 acres (from
7.43 to 23.14 square kilometres) by staking and filing 194 new
unpatented claims in two blocks.
• The Windy Devil claim block, contiguous with the Horseshoe
Block, covers the identifiable extensions of the Horseshoe Block
mineral trends and includes more than 30 historical prospects,
shafts, and adits. The 2018 Horseshoe sampling results reported
grades as high as 9.19% copper, 580 g/t silver, 2.02 g/t gold, and
20% lead in surface rock chips.
• The Navarre Creek Block covers an area of secondary alteration
thought to be epithermal in nature and includes over 2.5-km of
highly brecciated, west-trending jasperoid intersecting of
argillically and silicically altered Eocene Challis volcanics. The
altered volcanic rocks are similar to the mineralised rocks in
northern Nevada such as those found in the Carlin Trend.
Phoenix has increased its land package around the Empire Mine by
approximately 6 square miles. The Windy Devil claim is directly to the
north of the Horseshoe Block and the Empire, Horseshoe and Windy Devil
claims form one contiguous package. Surface sampling on the Horseshoe
block during the summer of 2018 was very encouraging with high grade
rock chip samples and the extension of the orebody is seen to extend into
the Windy Devil claim block, where there are more than 30 historical
shafts, adits and prospects to be investigated and sampled. There are
also a number of folds, both known and inferred that extend from the
Horseshoe Claim onto the Windy Devil claim, and with the old Horseshoe
Mine and White Knob Mine both located towards the north-west of the
Horseshoe Claims, it makes perfect sense to ensure that any potential
mining activities in these areas are unconstrained by accessibility.
The Navarre Creek Block to the west was also recognised during the 2018
field season as a highly prospective target area based on the classic hot
springs style alteration evident on the surface. The presence of a 2.5-
kilometre long, highly brecciated jasperoid occurrence within the claim
block suggests favourable structural geology for gold mineralisation
similar to the Carlin Trend in Nevada.