Thirty-one claims have been staked by Columbus Gold at the Big Lime Property, located in Lincoln Co., Nevada, 113 km (70 miles) north-northeast of Las Vegas, Nevada.
Columbus Gold's reconnaissance sampling yielded a sample containing 2.8 g/t gold in silicified Cambrian limestone bed. The strike length of the silicification appears to exceed 600 meters (2,000 feet). The silicified bed was trenched, and possibly drilled in the 1980's, but no data of past work has been located.
At Big Lime, the target of interest to Columbus Gold is covered by silty and shaly Cambrian rocks, both stratigraphically above and below the silicified horizon. Preliminary reconnaissance sampling of shaly float in covered areas on the claims has yielded values of 0.30 g/t gold. Geologic mapping and further sampling is in progress.
Andy Wallace is a Certified Professional Geologist (CPG) with the American Institute of Professional Geologists and is the Qualified Person under NI 43-101 who has reviewed and approved the technical content of this project description. Mr. Wallace is the President of Columbus Gold and the principal of Cordilleran Exploration Company ("Cordex"), which is conducting exploration and project generation activities for Columbus Gold on an exclusive basis.