Project Summary:

Silver Reserve Corp., a wholly owned subsidiary of Infrastructure Materials Corp., holds 10 precious metals projects in the State of Nevada for a total of 620 claims (600 lode claims and 20 patented claims).

We initially evaluate the mineral potential of our projects through research, review of historical literature, mapping and sampling. Then a decision is made whether drilling is warranted to verify findings generated by the surface previous work.

In October 2012 the Company completed a 7,500+ foot drill program on its Clay Peters Project to further delineate gold, silver and copper and conductive anomalies identified during previous mapping and sampling and during Time Domain Electro-Magnetic ("TDEM") surveys conducted in spring 2012. A review of the assay and geochemical data from that drill program indicates a new copper-gold discovery at the Clay Peters Project (see below and our press release dated January 16, 2013 ).

Silver Reserve Corp. also owns a custom mill approximately 185 miles south east of Reno, Nevada. The mill is currently idle but has operated under various configurations to meet specific requirements of prior operators. The mill is nominally designed to process 200 tons of ore per day.

Below is a brief review of the Company’s precious metals projects and mill.


Clay Peters Project
Nevada, USA

In January 2013 the Company announced a new copper-gold discovery at its Clay Peters Project. (See our press release dated January 16, 2013.) The Company completed a comprehensive review of assay and geochemical data from reverse circulation drilling on the Project to assess the potential of gold, copper, silver, zinc and lead mineralization on the Project from previous surface work and historical data packages.

Geologic mapping completed in 2007 indicated strong NW/SE bearing mineralized trends running across the property. Additional detailed mapping and sampling verified strong gold, silver and copper mineralization along NW/SE bearing structures. Time Domain Electro-Magnetic (“TDEM”) surveys conducted in spring 2012 offered further evidence of the presence of conductive structures on the Project with potential mineralization present within an intrusive porphyry.

During September and October 2012 the Company conducted 7,578 feet of drilling in 19 reverse circulation holes on the Project. Holes were located to test various geological, geochemical and geophysical targets identified by the Company from the previous work. The drilling identified substantial zones of sulfide- and oxide-copper mineralization in intrusive porphyry, and gold mineralization in the gossans/skarns in the Luning Formation carbonate units as well as low-grade gold in the porphyritic unit located northeast of the Clay Peters pit.

These results have presented the Company with multiple target areas. Phase II drilling conducted both step out and infill drilling to more clearly define these zones. The Mag grid was extended to the south to identify potential new target areas. This geophysical work should lead to a better understanding of the area. Phase II drilling took place in the fall of 2013.

The Clay Peters Project consists of 263 mineral claims and 3 patented claims (for a total of 266 claims) located in Mineral County, Nevada, approximately 11 miles north east of Mina, Nevada. The elevations of the project area range from 6,800 feet to 7,000 feet. The Clay Peters Project is located on the southernmost part of the Gabbs Valley Range in the Walker Lane, a structural belt which hosts several significant deposits. The workings on the Project consist of numerous shafts and prospects.

In the past the Federal government permitted private parties to obtain title to a claim known as a "patent claim" if certain conditions were met. Patents for claims are no longer issued. Staked claims are created by physically inserting a stake in the ground at each corner of the claim and filing the location of the claim as so demarcated with a government BLM recording office.


Top of Page


Pansy Lee Project
Nevada, USA

The Pansy Lee Project consists of 30 mineral claims located in Humboldt County, Nevada, approximately eight miles northwest of Winnemucca, Nevada.

The Pansy Lee Project is accessible by road from Winnemucca, Nevada. A graded dirt road runs northwesterly for a distance of 12 miles to the property which lies at elevations ranging from 4600 feet to 5200 feet.

A substantial amount of underground work has been done on the Pansy Lee Project, as much as 910 feet below surface with over 6000 feet of horizontal tunneling on several levels. A mine was operated at the Pansy Lee claim site from 1937 to 1942. Further production occurred in 1964 and 1974. Work was undertaken again in 1981 and 1982. Much of our information about the Pansy Lee Project was obtained from publicly available reports and articles concerning prior exploration of the site by other parties. A public report prepared in 1986, estimated that approximately 73,800 tons of average grades of 0.218 ounces gold per ton and 17.48 ounces silver per ton for recoverable ounces of 14,480 gold and 1,159,700 silver remained in the mine.

The Nevada Bureau of Mines Bulletin 59 (1964) reported the following production figures:


Date Action Tons Au Ag
1936-37 Shipped 205 - -
1939-40 Shipped 1,677 - -
1939-42 Milled 39,598 0.134 11.5
1941 Shipped 407 0.385 32.5
Total   41,887    


Three core holes were drilled and completed to depths of 800 feet on angle below the existing workings. It appears the 'Swede' vein was encountered in all three holes. Work to date indicates the mineralized zone should extend to depth and along strike on the 2 main veins in the mine. Further drilling of these extensions is warranted.



Top of Page

Quailey Project
Nevada, USA

The Quailey Project consists of 27 lode claims and 12 patented claims (for a total of 39 claims) located in Mineral County, Nevada approximately 16 miles southeast of Hawthorne, Nevada on the northwest side of Excelsior Mountains.

In the past the Federal government permitted private parties to obtain title to a claim known as a "patent claim" if certain conditions were met. Patents for claims are no longer issued. Staked claims are created by physically inserting a stake in the ground at each corner of the claim and filing the location of the claim as so demarcated with a government BLM recording office.

The Quailey Project is accessible from the city of Hawthorne, Nevada. A number of dirt roads provide accesses to the main workings of the former mine. Most of the information for the Quailey Project was obtained from a 1975 report by J. McLaren Forbes. The early work on the property was done in 1882 when copper ores with silver and gold values were mined and smelted on the property. Later, between 1907 and 1914, Excelsior Enterprises Inc. was active on the property. Just prior to this activity, a number of the claims were surveyed and patented. During the period 1975-76 the mine was rehabilitated. This work was done by Ladd Enterprises Inc, of Reno, Nevada. This property appears to be a skarn type deposit. A "skarn" is a metamorphic zone developed in the contact area around igneous rock intrusions when carbonate sedimentary rocks are invaded by and replaced with chemical elements that original from the igneous rock mass nearby. Many skarns also include ore minerals.

Historical records indicate copper, gold and silver ores were mined from 4000 feet of developed mine workings.

During the year 2007 the Company filed a quiet title suit and received clear title to al 10 patented claims.

Top of Page

Santa Fe Project
Nevada, USA

The Santa Fe Project consists of 23 claims located in Mineral County, Nevada, approximately one mile north of Luning, Nevada. The Santa Fe Project is accessible from the town of Luning, Nevada. The Santa Fe district is located in the Gabbs Valley Range northeast of Luning. The Santa Fe property was first located in 1879 and has produced silver and lead, according to public records. Workings consist of a 300 ft incline and several hundred feet of tunnels on different levels. Significant silver and gold values have been obtained from sampling on the vein systems warranting further exploration. The property was mapped in late 2007 and a follow up grid sampling program will be developed to define drill targets.



Top of Page

Red Rock Mill
Nevada, USA

The Red Rock Mill consists of six mill sites located at the town of Mina, Nevada, approximately 185 miles south east of Reno, Nevada on US 95. The mill has operated under various configurations to meet specific requirements of prior operators. Ore from various sources has been custom milled and processed for the production of concentrate or "doré" bars. "Dore" bars are bars of precious metal, in this case silver and gold, poured from molten material recovered in the final processing of the mill.

The mill is nominally designed to process 200 tons of ore per day. Depending on the ore hardness, the crushing circuit will be able to process up to about 250 tons of ore per day. The flotation and leach sections are also capable of running at the 200 tons per day rate. However, other areas of the processing section do not appear to have sufficient capacity to sustain the mill's nominal design rate and some additions may be required.

Top of Page

Dyer Project
Nevada, USA

The Dyer Project consists of six mineral claims located in Esmeralda County, Nevada, approximately five miles east of the town of Dyer, Nevada on Highway 3A. The Dyer Project is accessible from the town of Dyer, Esmeralda County. The property lies at elevations ranging from 4,800 feet to 5,600 feet. The Dyer district consists of several prospects and a few small mines. The deposits consist of black copper-silver sulfide in quartz veins in crushed and decomposed limestone. Surface oxidation has led to the formation of copper carbonate, iron oxide and silver chloride. Mineralization consists of copper-gold sulfides in quartz veins within limestone country rocks.

Top of Page

Silver Queen Project

Gold Point Project

Klondyke Project
Nevada, USA

The Klondyke Project consists of 88 mineral claims and 5 patented claims (for a total of 93 claims) located in Esmeralda County, Nevada. The Klondyke Project is accessible by road from Tonopah, Nevada. The project lies at elevations ranging from 5,400 feet to 5,908 feet.

In the past the Federal government permitted private parties to obtain title to a claim known as a "patent claim" if certain conditions were met. Patents for claims are no longer issued. Staked claims are created by physically inserting a stake in the ground at each corner of the claim and filing the location of the claim as so demarcated with a government BLM recording office.

The Klondyke district, which was discovered in 1899, lies about 10 miles south of Tonopah, Nevada. Most of the deposits occur in veins within limestone carrying both silver and gold. Production up to 1960 was 2,758 tons, according to public records. The project area hosts numerous prospects and mine shafts. The property geology was mapped at a scale of 1:12000 in 2007 and 5 separate sample grids were laid out and sampled to cover what appeared to be anomalous zones outlined during the mapping program. A limited drill program has been proposed but not submitted to the BLM to follow up surface and geologic anomalies.

Mapping and grid sampling to date indicate strong NE/SW bearing anomalous zones to the south of the old mine working where the structure runs NW/SE. Surface sampling in this zone carried grades as high as 42.3 oz silver and 0.1 oz gold per ton.

Grid sampling has identified a large gold-only anomalous zone in the southern portion of the project. A trenching program is recommended.



Top of Page

NL Extension Project

Blue Dick Project
Nevada, USA

The Blue Dick Project consists of 19 mineral claims located in Esmeralda County, Nevada, approximately 2.5 miles west of the town of Lida, Nevada on Highway 3.

The project lies at elevations ranging from 6920 feet 8440 feet. The Blue Dick Project is located in the SE part of the Palmetto District. Production occurred prior to 1960 and the deposits contained silver, gold and lead and occur in veins, according to public records. Most of these veins trend west or northwest. The project area contains numerous prospects, adits, shafts and two small open pit mines. The Blue Dick mine, has two shafts and two adits but no data is available.

Geologic mapping and sampling indicates complex thrust faulting traced from the historic underground mine workings along strike for a length of at least 3000 feet. Rock chip sampling underground carried grades of gold 1.3 opt and silver 69 opt.

Geochemical anomalies have also been located south of the mine workings and grid samples have provided an additional target area. Surface rock chip sampling yielded values up to 25% copper, 1.30 opt gold, 68 opt silver and 7 % lead. There are 5 drill targets currently identified on the property.

Top of Page


   Projects Home
 Silver
  Nevada, USA
  Clay Peters Project
  Pansy Lee Project
  Quailey Mine Project
  Santa Fe Project
  Red Rock Mill
  Dyer Project
  Silver Queen Project
  Gold Point Project
  Klondyke Project
  NL Extension Project
  Blue Dick Project
   Limestone
 
©2010 Infrastructure Materials Corp. l Terms of Use

Site By CoreCreative