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Long Valley Property
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Long Valley, Nevada
New World Resource Corp. recently has staked 327 claims in the Bald Mountain region of northeastern Nevada. These claims, known as the Long Valley project, encompass a total 6756 acres and cover approximately 8.8 miles of what is believed to be the projected extension of an important north-northwest trending structure on the edge of the pediment. Initial prospecting has revealed outcrops of silicified breccias similar to those found in the nearby Alligator Ridge area. The Bald Mountain, Alligator Ridge area is an established gold producing region of Eastern Nevada currently being actively explored by Placer Dome Inc. The company continues to review property submissions for potential acquisition - from grassroots to advanced exploration.
Mag Survey
New World Resource Corp has completed a 113 line kilometre, reconnaissance, ground magnetic survey of its Long Valley project. The object of this magnetic survey is to identify the projected southern extension of northwest- and north-northeast-trending structural features that are thought to control high-grade gold mineralization found in the Bald Mountain mining district. The area of the claims was previously thought to be covered by younger, postmineralization volcanics. However, New World's initial prospecting has revealed outcrops of silicified breccia similar to those found in the nearby Alligator Ridge gold deposit.
The survey results indicate a strong northwesterly trending structure interested by at least two northerly striking structures. The intersection of these orientated structures is well known to be the gold mineralizing control within the Bald Mountain property immediately to the north. The Company is proceeding with a second phase of geochemical and geophysical surveys.
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