The North Carlin project is located at the northern end of the Carlin Trend and is comprised of three claim blocks, Alkali, Coyote, and Rossi. North Carlin is more than 42 square kilometres in size and is less than 2 km north of the Rossi mine (Barrick/Meridian), which is currently recognized as the most northerly deposit along the Carlin trend.
Since staking Alkali and Coyote in 2017, Fremont has conducted soil sampling and mag surveys at both claim blocks and has outlined a number of drill targets. A recently completed soil sampling program at Alkali has identified coincident gold and mercury geochemical anomalies associated with a conspicuous magnetic anomaly (see news release dated October 12, 2018). Together, the data suggests the presence of gold mineralization beneath alluvial cover and represents an exciting drill target within Nevada’s most prolific gold belt.
Geochemical sampling has defined coincident gold and mercury soil anomalies, approximately 2 x 1 km in size, in the northeastern portion of Alkali. Mercury is one of the important pathfinders for gold in both Carlin-type and low sulfidation epithermal-style deposits.
The gold and mercury anomalies occur on the northeastern boundary of a 1.5 x 2 km magnetic high located in the centre of the claim area, which indicates a possible intrusive body at depth. Magnetic highs representing intrusive bodies contemporaneous with Carlin-type deposits are recognized at the Railroad-Pinion district in the Carlin Trend, and are also known to be associated with epithermal vein deposits at the Tuscarora deposit, 27 km to the northeast, and at the nearby Hollister deposit.
Alkali is located at the intersection of the northern extension of the Carlin Trend and on a northeast-trending lineament which hosts the nearby Hollister and Tuscarora mines, and farther along strike, the Jarbidge and Goldbanks mines. These current and historic epithermal deposits occur in a permissive structural corridor, which includes the Alkali NE fault that cuts directly through the magnetic high and soil geochemical anomaly at Alkali.