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ECC Ventures 2 Corp. Qualifying Transaction Target Infield Minerals Acquires the Desperado Property in Nevada
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. ...
About this update from Infield Minerals Corp
[{"type":"text","content":"ECC Ventures 2 Corp. Qualifying Transaction Target Infield Minerals Acquires the Desperado Property in NevadaNOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES.VANCOUVER, BC / ACCESSWIRE / January 5, 2021 / ECC Ventures 2 Corp. (\"ECC2\" or the \"Company\") (TSXV:ETWO.P) is pleased to announce that its Qualifying Transaction (\"QT\") target, Infield Minerals Corp. (\"Infield\"), has acquired the Desperado property (\"Desperado\") in Nevada through ground staking of 172 lode mining claims. Infield identified, investigated, and acquired the prospective open ground in Q4 2020. Desperado is 100% owned by Infield and is not subject to any royalties.Highlights from the 2020 evaluation program include:High grade gold and silver rock grab samples up to 4.99 g/t gold and 50 g/t silverSeveral historical workings throughout the propertyLarge clay alteration areas associated with mineralization and historical workingsDesperado is located in Nye County within the Ellendale mining district, approximately 40 kilometres east of the town of Tonopah, 8 kilometres east of Infield's Bandit property and 2 kilometres south of Highway 6 (Figure 1). Desperado is readily accessed by a series of local dirt roads. It covers an area of 1,410 hectares (3,480 acres) surrounding the historical Ellendale mine property owned by a third party and lies at an altitude of 1,830 metres (6,000 feet) in the foothills at the southern end of the Monitor Range overlooking the Ralston Valley to the southwest.The Ellendale mining district was discovered in 1909 by Ellen Clifford Nay when she found high-grade gold in a large rock float. Most of the work in the area was conducted between 1909 and 1915 and is noted by several abandoned adits, shafts and trenches. The district remains underexplored with no indication of modern exploration work having been conducted within the property area during at least the past 30 years.Most of the historical workings are found in rhyolite near the contact with andesite porphyry. The rhyolite is fine grained and rather siliceous and carries small phenocrysts of quartz and feldspar. Based on field observations, epithermal-style gold and silver mineralization appears to be associated with silicified-sericitized rhyolite breccia and quartz veins proximal to the rhyolite-andesite contact. The USGS Mineral R...