Exploration Of The Calico Area Walker River Indian Reservation, Mineral County, Nevada

The Calico area lies within the Walker Lane fault zone, six miles north of Schurz, Nevada. The mineralized area is overlain by a thick section of Tertiary tuffs and ash-flows, that have been intruded by a series of andesite plug, dikes, and sills. The pre-Tertiary rocks outcrops only in two areas at one to two miles distance from the drilling areas. Underlying the volcanics are sediments ranging from siltstones, sandstone, calcareous shales, to carbonates of the Luning sequence. These have been intruded by one or more phaneritic intrusives ranging in composition from quartz diorite to quartz monzonite, with the development of a skarn zone on the south flank that contains extensive mineralization consisting of magnetite, pyrrhotite, pyrite, and chalcopytite, with traces of sphalerite, galena, and molybdenite. The magnetite, pyrrhotite, and part of the pyrite appears to be contemporaneous with the skarn, while, part of the chalcopyrite, galena, sphalerite, molybdenite, quartz, and calcite, occurs as minute veinlets cutting the other minerals. This later mineralization may be associated with a late stage of the same sequence, or possibly associated with another intrusive to the southwest. Geophysical work has consisted of aerial magnetics, ground magnetics, gravity, seismic, and induced polarization surveys. Preliminary induced polarization surveys indicated anomalies at depth, both over the magnetic anomaly and to the northwest. Subsequent IP work confirmed this earlier anomaly, and drilling disclosed extensive mineralization at depths of 400 feet on the northwest end and over 1,000 feet to the southeast.