Excalibur Metals has expanded its land holdings at the Bellehelen Silver-Gold Project in Nye County, Nevada, US, by staking 58 additional federal lode claims to include the projected extension of the northwest Rangefront Target.
The new claims span 1,198 acres, covering the west-northwest extension of the Bellehelen district trend and the Stone Cabin Valley Pediment.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
This expansion is based on high-resolution Airborne Visible/Infrared Imaging Spectrometer (AVIRIS) data revealing potential zones for gold-silver mineralisation.
The claims include a potential structural zone beneath post-mineral cover, possibly serving as the main fluid pathway for the epithermal system at the Rangefront Target.
This area features the Bellehelen fault, influencing mineralisation and alteration along a trend exceeding 10km.
This acquisition strengthens Excalibur’s control over a multi-kilometre alteration anomaly similar to major Nevada epithermal systems.
The expansion results from AVIRIS hyperspectral processing, geological mapping, and geochemical sampling, which suggest a potentially gold-silver-bearing epithermal system open under cover to the west.
Field reconnaissance identified an intersection between north-south structures and the west-northwest-trending Bellehelen fault.
Excalibur believes this intersection plays a crucial role in the epithermal system at the Rangefront Target.
By acquiring 58 additional claims, the company manages the alteration footprint and its projected extension.
Excalibur Metals CEO John Gilbert said: “The Rangefront target represents a classic Nevada ‘blind’ discovery opportunity.
“While our current drilling is focused on the high-grade outcropping veins at Spyglass Ridge, the AVIRIS data at Rangefront Target reveals another, much larger alteration cell.
“Staking into Stone Cabin ensures we capture the upside potential of this system where it remains preserved under cover.”
The claims were strategically staked to cover an epithermal alteration footprint, connected to local gold-silver mineralisation, making it a priority for follow-up.
AVIRIS data also indicates increasing kaolinite alteration in two areas at the northwest Rangefront, which may signal the top of a mineralised gold-silver system.
