Discovery And Geology Of Gold Minerauzation At The Rosebud Project Pershing County, Nevada

The Rosebud district is located in the Kamma Mountains, southeast of the townsite of Sulphur, Nevada. Since discovery in 1989, LAC Minerals, in joint venture with Equinox Resources, has delineated a resource containing approximately 570,000 ounces of gold and 5,500,000 ounces of silver. The deposit is of the volcanic-hosted epithermal quartz-sericite type. Mineralization occurs in tabular zones in and along the hanging wall of the South Ridge fault, and in cross-cutting high-angle structures. Multiple stages of discontinuous stockwork gold-and silver-bearing quartz-calcite-clay veins cut variably clay-altered, silicified, and sericitized rhyolitic Miocene volcanic rocks.