Ken Snyder Minerex-Grande Deposit

Prospect in Elko county in Nevada, United States with commodities Gold, Silver
Sections on this page
  1. Identification information
  2. Geographic coordinates
  3. Site location context
  4. Geographic areas
  5. Public Land Survey System information
  6. Commodities
  7. Nearby scientific data
  8. Economic information about the deposit and operations
  9. Mining district
  10. Mineral rights holdings
  11. Land status
  12. Ownership information
  13. Reserves and resources
  14. Links to other databases
  15. Bibliographic references
  16. General comments
  17. Reporter information

Geologic information

Identification information

Deposit ID 10295401
MAS/MILS ID 0320070203
Record type Site
Current site name Ken Snyder Minerex-Grande Deposit
Alternate or previous names Midas Mine, Midas Project, Midas Joint Venture, Rex Grande Zone, Acme Zone, Reco No. 2 Claim, Gold Circle Group, Rex-Grande Deposit

Geographic coordinates

Point of reference Town
Geographic coordinates: -116.80095, 41.24989 (WGS84)
Elevation 1817
Location accuracy 10(meters)

Site location context

Political divisions (FIPS codes)

Elko(county)

Nevada(state)

United States(country)

North America(continent)

Land(continent)

USGS map quadrangles

Midas(quadrangle 1:24,000 scale)

Tuscarora(quadrangle 1:100,000 scale)

McDermitt(quadrangle 1:250,000 scale)

Hydrologic units (watersheds)

Rock(hydrologic unit)

Humboldt(hydrologic accounting unit)

Black Rock Desert-Humboldt(hydrologic subregion)

Great Basin(hydrologic region)

Geographic areas

Country State County
United States Nevada Elko

Public Land Survey System information

Meridian Township Range Section Fraction State
Mount Diablo 039 N 046 E 21 C NESW Nevada

Commodities

Commodity Importance
Gold Primary
Silver Primary

Nearby scientific data

Town (1) -116.80095, 41.24989

Economic information

Economic information about the deposit and operations

Operation type Underground
Development status Prospect
Commodity type Metallic
Significant Yes
Discovery year 1994
Year of first production 1997

Mining district

District name Midas

Mineral rights holdings

Type of mineral rights Located Claim
Type of mineral rights Patented
Type of mineral rights Fee Ownership

Land status

Ownership category Mixed

Ownership information

  • Type Owner-Operator
    Owner Franco-Nevada Mining Corp.
    Interest 50
    Home office Canada
    Year 1996
    First year 1992
  • Type Owner-Operator
    Owner Euro-Nevada Mining Corp.
    Interest 50
    Home office Canada
    Year 1996
    First year 1992

Reserves and resources

  • Type In-situ
    Estimate year 1995
    Inferred 11794000mt ore
    Total resources 11794000mt ore
    Commodity Subtype Grade units Group Importance Year
    Gold Au 5.49 g/mt Gold Major 1995
    Silver Ag 92.57 g/mt Silver Major 1995
  • Type In-situ
    Estimate year 1996
    Indicated 1900000mt ore
    Demonstrated 1900000mt ore
    Total resources 1900000mt ore
    Commodity Subtype Grade units Group Importance Year
    Gold Au 26.4 g/mt Gold Major 1996
    Silver Ag 398 g/mt Silver Major 1996
  • Type In-situ
    Estimate year 1997
    Demonstrated 997900mt ore
    Total resources 997900mt ore
    Commodity Subtype Grade units Group Importance Year
    Gold Au 45.26 g/mt Gold Major 1997
    Silver Ag 512.57 g/mt Silver Major 1997
  • Type In-situ
    Estimate year 1997
    Inferred 1632900mt ore
    Total resources 1632900mt ore
    Commodity Subtype Grade units Group Importance Year
    Gold Au 46.97 g/mt Gold Major 1997
    Silver Ag 596.57 g/mt Silver Major 1997

Comments on the reserve resource information

  • 7-7-97: PROVEN AND PROBABLE RESERVES ARE 2.1 MILLION CONTAINED OZ OF AU-EQUIVALENT @ GRADES OF 1.4 OZ AU AND 16.5 OZ AG. THE INDICATED RESOURCE INCREASED TO 3.4 MILLION OZ AU-EQUIV. FROM 3 MILLION OZ AT YR-END. TOTAL INDICATED RESOURCES ARE 4.5 MILLION CONTAINED OZ OF AU-EQUIVALENT.

Reference information

Bibliographic references

  • Ownership

    AMERICAN MINES HANDBOOK'S 1996, PP. 95, 96, 104; 1997, PP.

  • Ownership

    106, 107, 108, 116, 117.

  • Reserve-Resource

    THE MINING RECORD, VOL 106, #45, 11/08/95, P3.

  • Reserve-Resource

    RANDOL MINING DIRECTORY, 1996/97, U.S. MINES & MINING

  • Reserve-Resource

    COMPANIES, P258.

  • Reserve-Resource

    THE DAILY PROSPECTOR, JANUARY 23, 1997, NORTH AMERICA,

  • Reserve-Resource

    "FRANCO-NEVADA, P1.

  • Reserve-Resource

    THE NORTHERN MINER, VOL. 82, #48, 1/27/97, PP. 1, 2.

  • Deposit

    NEVADA BUREAU OF MINES, BUL. 12, 1931, PP. 16-18, PL1.

  • Deposit

    NEVADA BUREAU OF MINES, BUL. 54, 1957, P71.

  • Deposit

    NEVADA BUREAU OF MINES, BUL. 81, 1973, P45.

  • Deposit

    FRANCO-NEVADA MINING CORP. LTD. 1995 ANNUAL REPORT, PP.7, 8.

  • Deposit

    THE MINING RECORD, VOL., 106, #45, 11/08/95, P3.

  • Deposit

    THE MINING JOURNAL, JULY 5, 1996, P5.

  • Deposit

    THE MINING RECORD, VOL., 107, #36, 09/04/96, P3.

  • Deposit

    THE MINING RECORD, VOL., 107, #49, 12/04/96, P3.

  • Deposit

    THE NORTHERN MINER, JUNE 3, 1996, P B9.

  • Deposit

    FRANCO-NEVADA MINING CORP. LTD., 1996, ANNUAL REPORT, PP. 7-

  • Deposit

    9, & CENTER MAP.

  • Deposit

    EURO-NEVADA MINING CORP. LTD., 1996, ANNUAL REPORT, PP. 7,

  • Deposit

    26-28, CENTER SECTION MAPS, PP. 23, 24, 25.

  • Deposit

    THE NORTHERN MINER, VOL., 82, #48, 1/27/97, PP 1, 2.

  • Deposit

    THE MINING RECORD, VOL., 108, #5, 1/29/97, PP. 10, 11.

  • Deposit

    THE NORTHERN MINER, 6-2-97, P.C5-6.

  • Deposit

    THE NORTHERN MINER, 7-7-97, P.1,14.

General comments

Subject category Comment text
Deposit PROPERTY COVERS 24,400 ACRES & IS NEAR THE TOWN OF MIDAS, ELKO CT. NEVADA. IT SURROUNDS THE MIDAS MINE (ROMARCO NEVADA INC.) MAS SEQ #0320071138; MAY INCLUDE THE PAST PRODUCER, ELKO PRINCE MINE MAS SEQ #0320070900; AND POSSIBLY THE REX MINE MAS SEQ #0320070197 IT IS IN THE HISTORIC MIDAS MINING DISTRIC, WHICH HAS PRODUCED 300,000 OZ OF GOLD AND 3 MILLION OZ SILVER. THE MIDAS MINING DISTRIC IS AT THE JUNCTION OF NORTH CARLIN & GETCHELL GOLD TRENDS. MAY 1999 IS THE PRODUCTION START DATE. 6-2-97: DEVELOPMENT HAS BEGUN ON THE PROPERTY AND COMMERCIAL PRODUCTION IS 2 YRS AWAY. MINING WILL BE CARRIED OUT BY BOTH LONGHOLE AND SHRINKAGE STOPING, FOLLOWED BY ROCKFILLING. ANNUAL PRODUCTION FORECAST IS 232,558 OZ AU AND 2.9 MILLION OZ AG. MOREOVER,EXPLORATION AND INFILL DRILLING CONTINUE.

Reporter information

Type Date Name Affiliation Comment
Reporter 22-JUL-97 Buckingham, David A. U.S. Bureau of Mines

Beyond USGS

Supplemental information added by qvyshift.com. Not part of the original USGS MRDS record.

Authoritative Nevada resources

These are landing pages for further research — the state agencies don't currently expose per-mine deep links.