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High-Grade Goldstorm Drill Core in 30m Width
Goldstorm Drill Core at 66-67m
shows high-grade (9.29 g/t Gold,
72.6 g/t Silver) Midas-type
Mexivada "Mag Dome" Open-Pit Gold Target at Poker Flats
Mexivada discovers new open-pit gold target at Poker Flats property, south of Newmont's new Emigrant Mine and east of Gold Standard's Railroad.
Geophysics has indicated new Porphyry target, with Bambolla Mine Gold-Tellurium Target and LaViuda multi-metal target.
Bambolla Mine Target, AuroTellurio
Goldstorm Nevada Targets
Mexivada Reacquires Control of Goldstorm
Mexivada has regained control of the high-grade Goldstorm, Nevada property from WKM, and is searching for a new venture partner.
Mexivada Discovers New Carlin-style Open Pit Gold Target at Ziggurat
Mexivada has discovered a new area of Carlin-style gold mineralization, alteration, and felsic diking at the Ziggurat property, which appears to be similar to geology and alteration in the nearby Northumberland Mine open pit of Newmont Mining Corporation.
Mexivada Options Ziggurat and Poker Flats Properties to Spartan
Mexivada Mining has optioned the Ziggurat and Poker Flats Carlin-style gold properties to Spartan Gold Ltd., who is now advancing them rapidly toward drilling in 2011.
Mexivada Options Ziggurat and Poker Flats Properties to Spartan/Sphere
Mexivada Mining has optioned the Ziggurat and Poker Flats Carlin-style gold properties to the team Spartan Gold / Sphere Resources, who will advance them rapidly toward drilling in 2011.
Fieldwork at Gold Jackpot Delineates New Possible Extensions:
Mexivada's latest field geology and sampling work at Gold Jackpot has delineated possible extensions to alteration and gold mineralization to the east and south of the main known Stag's Leap zone. Assays and further interpretation will be reported when available.
GOLD JACKPOT: 2-Stage 1980s Tenneco Gold Drilling Program
Tenneco Minerals drilled several RC drillholes at Gold Jackpot in the late 1980s on outcropping gold mineralization. Tellurium was not assayed for. Mexivada is analyzing data from the Tenneco work in preparing for geophysical and further drilling work on gold-silver-tellurium targets.
More high grade gold-silver-tellurium has been found at the 6 Km long Gold Jackpot target area. High-grade gold and silver values were sampled here by a large local mining company. Moderately high copper values suggest an early pre-Gold possible porphyry copper metal event in the same structural "plumbing system" that was later re-fractured and used by epithermal gold-silver-tellurium mineralization (possible Emperor Mine Style, Fiji, at Vatukoula), indicating potential very large size for this Au-Te-Ag-Pb-Indium property. Moderate to very high tellurium (was $300/Kg) values at Gold Jackpot make this one of the more attractive Tellurium targets in North America. Significant rock sample values to lead and indium are present.
MEXIVADA HAS BEEN SELECTED AS A TOP 10 STOCK on
Dec 20, 2012: Mexivada Corporate Filing Update (more...)
Nov 15, 2012: Mexivada Drills 3.8 M Of 12.82 G/T Gold At Roger P... (more...)
Nov 06, 2012: Mexivada Drilling Discovers Two High-Grade Gold Zo... (more...)
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UPDATES ON WEBSITE:
|Home Page Text||April 18 2013|
|Gold Jackpot Au-Ag-U Property, Nevada||April 4 2013|
|April 4 2013|
|Poker Flats Au Property, Nevada||April 4 2013|
|Corporate Info Page||January 28 2013|
|Investor Info Page||January 28 2013|
|Ziggurat Au Property, Nevada||December 4 2012|
|Jefferson Au-Ag-Te Property, Nevada||December 4 2012|
|Mexico Main Page ||July 19 2012|
|AuroTellurio Gold + Tellurium||July 19 2012|
|Yécora Au-Ag Property, México||July 19 2012|
MEXIVADA MINING CORP. controls Gold-Silver and Hi-Tech Rare Metal properties with large mine potential. Mexivada is a junior mining and exploration company, public on the TSX Venture Exchange, trading under the symbol "MNV." We are focused on exploring for gold-silver mines, as well as securing Joint Venture partners for certain of our properties. Mexivada controls Gold-Silver, Tellurium (photovoltaics), Indium (LCD Panels), copper, lead, and uranium prospects in Nevada, Mexico, and Ontario Canada. We are exploring new, large-scale mining opportunities for acquisition, worldwide, to create wealth for Mexivada's shareholders. We generate targets and properties that are of interest to major mining companies.
Mexivada now is conducting gold exploration at its flagship Goldstorm Project in Nevada, which is situated close to gold-silver mines owned By Newmont, Barrick, and Rodeo Creek Gold. Mexivada's team of very experienced geologists and mining engineers has been associated with discoveries and mine developments worldwide. Management controls a large shareholding in Mexivada.
We are committed to increasing shareholder value through mining, exploration discoveries and by Options and Joint Ventures. If your company is interested in optioning or joint venturing any of our properties, please contact us at firstname.lastname@example.org or by fax at 1-775-738-6705.
Mexivada explores for and acquires mineral properties that show potential to yield economically mineable, high grade deposits of precious and rare metals. The company's principal focus is on finding properties with the geologic potential for large deposits of gold, such as at our Goldstorm, Nevada project. Mexivada also controls the Jefferson property at Round Mountain, Nevada, which has potential to yield a surface open pit gold-silver mine for Mexivada JV partner.
NEVADA PROJECTS: Mexivada currently has 5 projects in Nevada, the home to many large gold, silver, and copper-molybdenum mines. Nevada companies are mining several giant gold deposits, in the Carlin, Getchell-, Cortez-Eureka, and Round Mountain Trends. Newmont Mining recently purchased Fronteer Gold's main Nevada gold exploration and development properties, which has put all major exploration properties once again in the public eye for acquisition by the major companies. Three of our 5 projects have been optioned out to third party companies. Mexivada's properties are on or adjoining to 5 of the 6 major Nevada Gold Trends.
GOLDSTORM Au-Ag PROJECT: Mexivada controls the mineral rights to 248 unpatented claims totaling approximately 4,960 acres (7.75 square miles) in the highly prospective, flagship Goldstorm Project area in Elko County, Nevada. A previous lessee drilled 2 exploration holes in the Goldstorm area in late 2010, drilling for Carlin-style and Midas Mine-style gold-silver mineralization, which resulted in the discovery of high-grade Midas-style gold mineralization, at the site of the "Clayton Vein" Induced Polarization chargeability "high" that was generated by a Mexivada geophysics program.
Goldstorm lies directly on the Midas - Northern Nevada Rifts Gold Trend (Midas Mine, Hollister Mine, Fire Creek Mine) and near the intersection of the giant Getchell Gold Trend, just northwest of the Midas Mine and just northeast of the giant Twin Creeks-Getchell-Turquoise Ridge sediment hosted Carlin-style gold mines complex of Barrick Gold and Newmont Mining.
The Goldstorm area has had 53 previous exploration holes for Midas-style gold deposits drilled on it, nearly all in the eastern, down-dropped parts of it by Touchstone, Romarco, Crown Resources, Newmont (3 holes), and WKM, mostly away from the inferred best target zones in the western, uplifted part of the property. Goldstorm also may have excellent untested, large-scale Carlin-style ("CS") gold-silver gold targets with large gold potential along 3 uplifted, WNW-trending "horst" fault blocks that are up to 7 kilometres long each. These faults may have brought mineralization and basement target rocks to within 400 metres of the ground surface; targets that have never been drill tested to depth. There are 4 significant gold-silver Midas-style vein target zones on Mexivada's Goldstorm property, and 3 of these target zones show zones of gold mineralization that crop out at the surface. One of these significant targets is the "Prochnau Zone" of quartz veining, up on top of the Goldstorm system, a significantly wide system of high-level quartz veins with northwest trends. Casey Research Hall of Fame explorer John Prochnau and his Syndicate found and initially explored this zone, with 6 very shallow air-track drillholes, 27 to 40 metres in depth, which would have been much too shallow to test the Midas-style silica vein system present.
Metallurgically compatible milling facilities are present at Newmont's Midas Mine, situated 18 km to the southeast of Goldstorm, and at the giant Twin Creeks - Turquoise Ridge mines complex. Barrick Gold is evaluating the possibility of developing a "Super Pit" gold mine at the nearby Turquoise Ridge Mine. Snowstorm LLC controls a very large block of claims that adjoins Goldstorm to the north, which effort has been funded by Paulsen and other investment groups. Snowstorm LLC has been conducting very extensive deep drilling for Carlin-style gold deposits. We interpret that our Goldstorm ground is at least as favorable as Snowstorm LLC's ground, and ours has received no deeper drilling, and we have delineated 3 high-grade zones of Midas-style gold-silver mineralization that crop out at the ground surface. The Clayton Vein fault system is wide enough to hold a big-company-size gold-silver body in it, and our discovery drillhole appears to be near the top of the interpreted system. At Midas the ore zone extends to 500+ metre depths below this top zone, and perhaps to 700 metre depths at Fire Creek (Klondex Mines). The Midas Mine had initial drill indicated resources of more than 3,000,0000 ounces of gold and 25,000,000 ounces of silver, and approximately 3,500,000 of gold has been mined to date at Midas. Mining continues there, now exploiting a more silver-rich part in the eastern, Esmeralda part of the Midas mine property area.
A previous lessee drilled two exploration NQWL core drill holes in late 2010 at Goldstorm, and these hole locations are shown on maps attached on this website. They reported that the first hole, into the "Clayton Vein" target, was drilled into a Midas-style fault-controlled sulfidic target that was defined by previous I.P. chargeability geophysics. A zone of gold mineralization was encountered between 63 and 125 metres core length from the surface. The true width of this 62 metre wide zone of brecciation with significant gold mineralization is approximately 30 metres, which is far wider than either the Colorado Grande or Gold Crown Veins fault systems at the Midas Mine. Gold values were found in 6 sub-parallel high-level veins in the 30 metre wide zone, with up to 9.29 grams per tonne gold and 72.6 grams per tonne silver across 1 metre of core length were assayed in this first drillhole in an interval between 66 and 67 metres, in several narrow to moderate width high-level silica veins.
The second Goldstorm hole in 2010 was 544.3 metres in length, was stopped short of the eastern boundary of the "Horst" Carlin-style gold target, and did not reach its intended target. It was a steeply west (-70 degrees) angled drillhole, attempting unsuccessfully to hit the west-dipping reverse fault boundary, with target rocks (Paleozoics?) interpreted to possibly be present on the west side of the fault. The hole was bottomed in Miocene volcanic rocks, and no significant zones of gold mineralization were found in this hole. It needs to be re-drilled further to the west of the drill collar of hole 2 to hit the proposed target zone.
Mexivada wishes to conduct a 5-hole RC / Core test drilling program on the best targets at Goldstorm in 2013.
JEFFERSON Au-Ag-Te-In PROJECT: Mexivada controls the large Jefferson gold-silver-tellurium-indium property, in Nye County, Nevada. Jefferson is situated immediately east of Barrick/Kinross' Round Mountain open pit gold mine property along a major, westerly-trending regional gold feeder fault structure. A large gold-silver resource was drilled on Jefferson in the 1980's by Copper Range and Echo Bay Mines, which needs updating to meet 43-101 standards. A representative of World Industrial Minerals, a subsidiary of First Solar Corp. (FSLR-NYSE) contacted Mexivada about the tellurium mineralization at Jefferson. Mexivada has been formulating drill targets at Jefferson, using industry-standard Leapfrog and Vulcan 3-D modeling software. Copper Range Exploration and Echo Bay conducted extensive previous drilling on the property in the 1980s. Mexivada is now looking for a well-capitalized venture partner to drill and develop the Jefferson Au-Ag property. Jefferson is one of the few remaining large properties in Nevada with substantial drill-indicated bodies of gold-silver mineralization that have remained untested in recent years.
GOLD JACKPOT Au-Ag-Te-Cu-Pb-In PROJECT: Mexivada has made available to Sphere Resources Inc. a 75% option of its Gold Jackpot Nevada Carlin-style gold property for exploration and drilling; Sphere has not yet exercised this Option. Mexivada staked and controls 124 mining claims (2,480 acres) at its Gold Jackpot property in Elko County, Nevada. The claims are on the east edge of the Contact Mining District on the newly discovered Pequop Gold Trend. The property lies 30 kilometres ("km") southeast of Jackpot, approximately 70 km due north of Newmont-Agnico Eagle's Pequop/Long Canyon new gold discoveries, and south of Newmont/West Kirkland's Gollaher gold property. Sediment-hosted gold mineralization at Gold Jackpot contains local high grade gold, silver, tellurium, lead, and copper mineralization in surface outcrops. Tenneco Minerals drilled 28 rotary or reverse-circulation drill holes at Gold Jackpot in 1988-90, with good local mineralization found, and these data are available for purchase. Mexivada interprets the Gold Jackpot area to have good potential for discovery of a large-size gold deposit present at shallow depths and perhaps for intrusive related gold-copper mineralization at depth. Mineralized rocks seen on the property to date are mostly oxidized. No drillholes of moderate to deeper depths have ever been drilled on this quality property. This unpopulated area has good access, does not have any apparent environmental problems, and sufficient room is present for large scale mine facilities and dumps/heaps. Mexivada's consulting geologists conducted detailed geologic mapping and sampling at Gold Jackpot in 2010 and 2011.
ZIGGURAT Au PROPERTY, NEVADA: Mexivada optioned up to 75% of its 227 claim ZIGGURAT Nevada Carlin-style gold property to Spartan Gold Ltd. and Sphere Resources Inc. for further exploration and drilling. The 100% controlled Ziggurat Carlin-style gold prospect (4,540 acres) is situated within the Round Mountain-Northumberland Gold Trend, north of Barrick-Kinross' giant Round Mountain Gold Mine and its large Gold Hill gold mines, and just south of Newmont's large Northumberland Mine gold mine system. A discovery was made in 2012, with felsic intrusive dikes cutting altered Paleozoic rocks, similar to at Northumberland.
POKER FLATS Au PROJECT: Mexivada optioned up to 75% of its POKER FLATS Nevada Carlin-style gold property to Spartan Gold Ltd. and Sphere Resources Inc. for exploration and drilling. The Poker Flats Au Carlin-style sediment-hosted gold property, comprising 1,280 acres of lode mining claims and 3 large blocks (1,760 acres) of leased private ground, is situated southeast of Carlin and Newmont's Rain Mine, and is located on strike just south of Newmont's new Emigrant Mine gold property. Poker Flats also lies immediately adjacent, on the east side, to Gold Standard Ventures' Railroad property. Gold Standard announced multiple large financings, and subsequently has been diligently drilling the property, and made a significant high-grade potentially open pitable gold discovery on their Railroad property, with the highest grade drillhole returning an interval of Carlin-style gold mineralization containing 164 metres averaging 4.26 grams per tonne gold, including 18.3 m @ 7.03 g/t Au. The Railroad Fault gold zone on Gold Standard's property projects eastward directly on to the Poker Flats property, and the main gold zone at Newmont's Emigrant mine property projects directly southward on to Poker Flats. Drill targets at Poker Flats are being selected and prioritized, and some are ready for permitting and drilling.
MEXICO PROJECTS: Mexivada has 2 significant gold properties in the State of Sonora, Mexico, and is searching for a Joint Venture partner for its Yecora gold- silver-zinc-lead project. The advanced-stage Yecora project is located in the Sierra Madre Occidental gold-silver Trend of northern Mexico, near the Mulatos, Ocampo and Pinos Altos Mines. Coeur d'Alene Mines, owner of the on-trend Palmarejo silver-gold property, controls exploration concessions at Yécora located inside of and surrounding Mexivada's property, and has conducted a drill program on several of their targets at Yecora in 2009. Mexivada completed Phase 1 core drilling at Yécora, which yielded local good gold and silver assay results. The property hosts high-grade lead-silver mineralization in the southwestern part of the property, which has never been explored for Peñasquito-style Au-Ag-Pb-Zn mineralization. Mexivada wishes to Joint Venture the Yecora project, and is open to proposals from qualified third parties on how to best advance it.
Mexivada's AuroTellurio property for Gold, Silver, and Tellurium is located near Moctezuma, Sonora, northeast of Hermosillo, Sonora, adjacent to a high grade tellurium-gold-silver mine, the Mina La Bambolla, and has been optioned to California Gold Corp. (CLGL-OTC), which may acquire an 80% interest through recurrent periodic cash and stock payments to Mexivada throughout the term of the option, and by spending $3,000,000 on exploration on the property. This property was staked to surround the Bambolla Mine, a high-grade gold-tellurium prospect and former producing gold-silver-tellurium mine controlled by TelOro, which is believed to be a Mexican company offshoot from First Solar Corporation. Old mine maps of the Bambolla Mine property, purchased by Mexivada, show local high-grade rock chip mine sample assay values of gold and tellurium in the old Bambolla mine workings. Nine separate vein systems are shown on these old maps, which occur along structures of the Mojave-Sonora Megashear fault system, which extends for many hundreds of kilometres of length in northern Mexico, containing many gold systems along its length, including the Mina San Francisco of Timmins Gold, and the El Chanate Mine of AuRico further west. Tellurium is a critical, expensive, rare metal component in First Solar's and general Electric's photovoltaic solar panels, selling for up to more than US$300/kg in 2008.
The AuroTellurio property controls part of the eastern lateral extension of the main Bambolla vein system, and also controls the outcropping La Viuda Au-Ag vein system that lies parallel to the Bambolla gold-tellurium mine system, in a down-thrown fault block on the south flank of the uplifted and eroded Bambolla Mine block. Mexivada has executed an option of up to 80% of the AuroTellurio property to California Gold (CLGL) over a 4-year period. Calgold has been conducting geological and geophysical work on the AuroTellurio property, and would like to conduct drilling in 2013. CalGold made a new discovery of an intrusive-related exploration target through geophysics, on the LaViuda-1 mineral concession.
The Company's President and CEO, Richard R. Redfern, M.Sc. and Certified Professional Geologist, a 'qualified person' for the purposes on National Instrument 43-101 Standards of Disclosure for Mineral Properties, has approved the information contained in this website, and evaluated the interpretations contained therein.