Mineralized veins at the Gold Prince consist of coarse-textured white quartz with scattered small masses and disseminations of galena, pyrite, and chalcopyrite. High-grade gold mineralization (up to 10+ ounces per ton) occurs within areas where these sulphide minerals are located. Spanning up to three-miles in length, the principal controls for mineralized veins are structures located within the Apache Pass fault zone. The Gold Prince ore lens occurs at a cymoid of one major fault splay, coincidental with favorable sedimentary wall rock. Underground workings included five adits with a total of more than 5,900 feet of tunnels within a vertical range of 750 feet. Research indicates approximately 22,000 ounces of gold have been produced from the property between 1880 and 1996. However, actual historic production records are incomplete and unavailable.  Recent estimates include unmined gold reserves of 30,000 to 40,000 ounces as Measured and Indicated mineral resources, with an additional 100,000 ounces categorized as Proven and Probable mineral reserves.

This mineral potential report was prepared in accordance with classification systems developed by the United States Forest Service, Bureau of Land Management, and United States Geological Survey by a Certified Professional Geologist registered with the American Institute of Professional Geologists (AIPG).