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Crestview Exploration Inc. Acquires a Lease with Option to Purchase on the Divide Mine in Elko, County - Nevada
Calgary, Alberta--(Newsfile Corp. - April 14, 2020) - Crestview Exploration Inc. (CSE: CRS) (FSE: CE7) ("Crestview" or "the Company") is pleased to announce it
About this update from Gold Runner Exploration Inc.
[{"type":"text","content":" Calgary, Alberta--(Newsfile Corp. - April 14, 2020) - Crestview Exploration Inc. (CSE: CRS) (FSE: CE7) (\"Crestview\" or \"the Company\") is pleased to announce it has entered into a lease with an option to purchase a 100% interest in the Divide Mine, a high-grade precious metal vein target located in Elko County, north central Nevada. This property is comprised of 12 unpatented lode claims covering 247 acres (110ha). The claims cover the majority of the old workings and potential strike extension of the Divide Mine. Location map See the following hyperlink to view our news release video. https://www.youtube.com/watch?v=Itr4OOc9hqs [Apr. 14, 2020 NEWS RELEASE] CRESTVIEW EXPLORATION INC. - YouTubeTap to unmute[Apr. 14, 2020 NEWS RELEASE] CRESTVIEW EXPLORATION INC.Crestview ExplorationCrestview Exploration14 subscribersWatch on The Divide Mine is located in the northwest portion of the Tuscarora Mining District which is centered 7 miles to the southeast of the Divide Mine. Historic mining from underground and surface placer mines produced 200,000 ounces of gold and 7.27 million ounces of silver as reported in Nevada Bureau Mines and Geology Bulletin 106, Mineral Resources of Elko County, Nevada. In more recent times (1989-1991) 39,976 ounces of gold and 254,000 ounces of silver were produced from the Dexter open pit by Horizon Gold Corporation and Chevron, as reported in \"Technical Report Describing the Tuscarora Project, Centered on 565568E/4573240N, UTM WGS84 Zone 11 N in Elko County, Nevada USA, Prepared for American Pacific Mining Corp. by E.L. (Buster) Hunsaker III, CPG 8137, Effective date January 15, 2018. Currently American Pacific Mining Corp. is exploring for high-grade gold on their claims located in the central portion of the Tuscarora district. The Carlin Trend lies about 22 miles south-southwest of the property and the mines of the Jerritt Canyon Mining District lie about 18 miles to the east of the property. The Divide Mine sits on the eastern flank of a prominent upthrown block exposing sedimentary rocks surrounded by 40-million-year-old volcanic rocks. The sedimentary rocks exposed here are known to closely overlie favourable sedimentary gold mineralization host rocks in the region. Further, the age of the volcanic rocks is important because the age rocks is coincident with the age of gold and silver miner...