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Overview
The Pine Tree Molybdenum Porphyry Project is situated in the Pilot Mountains of western Nevada, five miles east of the town on Mina, half-way between the cities of Reno and Las Vegas. It is accessible year-round by good quality gravel roads.
The Pine Tree Project is located within a 65-mile belt that hosts numerous gold, silver and copper deposits and active mines. Significant historical past producers of gold and silver operated in the immediate vicinity of the property. Pine Tree's primary target is a +500 million ton copper-molybdenum-rhenium porphyry deposit with potential gold, silver, indium and gallium by-products.
The Pine Tree deposit was originally discovered in the 1950's and was owned jointly by Continental Mining and Bear Creek Mining. The property was subsequently re-staked by Nevada geologist, Mr. Tom Evans, and prospector, Mr. Jim Meyers. Mosquito Consolidated Gold Mines Limited entered into an option-to-purchase agreement with Mr. Evans and Mr. Meyers, acquiring 100% interest in the Pine Tree Project in May 2005.
As evidenced by select large in-production copper molybdenum mines, Mosquito Consolidated predicts that high-value Pine Tree by-product elements like gold, silver, rhenium, indium and gallium could reduce production costs for molybdenum - making Pine Tree potentially one of the most valuable copper-molybdenum resources in North America.
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