Goldrun is located at a regional structural intersection of the prolific Battle Mountain -Eureka Trend and Getchell Trend.
Goldrun includes staked ground that is either 100% owned by Fremont (169 claims, 1,415 hectares) or 50% owned by Fremont and 50% owned by another party, totaling 105 claims (880 hectares). Fremont’s property is adjacent on three sides to Newmont’s holdings at Adelaide-Crown which is an epithermal gold-silver vein system. The Adelaide mine area to the east of Adelaide-Crown produced copper from Cu-Zn skarn bodies.
A ground magnetic anomaly displays a magnetic high with an internal linear magnetic low zone and appears to represent a shallow pluton with a cross-cutting hydrothermally altered zone. A strong multielement soil geochemical anomaly is present in the southwest end of the magnetic low, over and adjacent to the suspected pluton. Two types of gold targets in two different locations are suggested by the geochemical and magnetic anomalies: an intrusion-related skarn or replacement-type deposit adjacent to or within the intrusive body, or a Carlin-type gold deposit at the edge of a pull-apart basin.