Valterra is exploring for mineral deposits in British Columbia, Canada and Esmeralda County, Nevada USA. The company is well-structured with an experienced geologic team, management group, and Board of Directors.
Valterra's recently acquired Weepah project in Nevada adds a high-grade, past producing gold property located in the prolific Walker Lane Gold Belt.
Confirmation sampling by Valterra in the open pit yielded results similar to those reported by others. Highlighted Valterra sampling includes:
- South Pit face - Chip-channel samples up to 3m of 9.01 g/t Au and 7m of 5.67 g/t Au in two adjacent samples,
- North Pit face - Chip-channel samples up to 8m of 3.50 g/t Au and 1.2m of 2.81 g/t Au in two adjacent samples, and
- Center of Pit - A float sample returned 16.2g/t Au and 10.6g/t Ag.
Valterra is also active in south-eastern BC at Salmo and controls the >8,300 hectare ‘Swift Katie’ bulk-tonnage and high-grade porphyry/epithermal Au-Cu-Ag property.
The ‘Swift’ target was drilled in Q3/Q4 of 2016 with 6 NQ2 holes totalling 1,954m. 1980s to 2016 Drill Highlights*:
- 6.6m averaging 0.96g/t Au in hole SK16-011
- 3.5m grading 13.3g/t Au, 201g/t Ag & 0.33% Cu from SK14-002
- 10m averaging 1.83g/t Au from hole 87-6, including 2.0m grading 5.15g/t Au;
- 1.5m grading 1.43g/t Au from hole 87-7; and
- 3.6m averaging 1.27g/t Au from hole 87-8.
* Historical assay results have not been verified by Valterra and should not be relied upon as such.
The ‘Katie’ deposit is an alkaline Cu-Au-Ag porphyry system. The potassic core has elevated Cu and Au values and is surrounded by a broad propylitic zone. Sulphide minerals include pyrite, chalcopyrite with minor sphalerite, tetrahedrite, bornite and molybdenum.
The project has excellent infrastructure with major highways nearby, established forestry access routes on-site, proximal high capacity power network nearby and a skilled regional workforce (pop. >25,000 in the district). Moreover, BC/Canada provides many generous investment and tax advantages in a politically stable jurisdiction.