The Golden Ibex royalty asset was acquired as part of the Bullion Monarch acquisition in 2012. The property is located approximately 10 miles west of Sumpter in the Blue Mountain gold belt. The historic Golden Ibex gold-silver mine has a history of small scale production and development focused on steeply dipping quartz veins in altered country rocks of the Bald Mountain batholith. Mineralization within the veins consists of gold, electrum and minor tetrahedrite and pyrargyrite.
Note: The nearby mines and deposits in the region provide geologic context for the Project, but this is not necessarily indicative that the project hosts similar mineralization.