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Overview
The Spruce Mountain Molybdenum Porphyry Project is situated forty miles (65 kilometres) south of the town of Wells, Nevada, 25 miles north of Currie and 8 miles east of Highway 93 and is accessible year-round by good quality gravel roads. Rail lines are located within 25 miles of the property to the north, northeast and south.
Spruce Mountain is well known for its significant lead-silver mineralization, and was mined for lead-silver on and off between 1869 and the late 1930s'. In 1977, during renewed lead-silver exploration, Freeport Exploration Company discovered molybdenum-silver mineralization associated with a large intrusion known as the Spence porphyry. Several significant intersections were obtained between 1977 and 1982, most significantly, during a small diamond and rotary hole drilling program undertaken by AMAX. The property laid dormant for many years before Mosquito Consolidated purchased the patent claims covering the main portion of the mineralized zones in 2006. The claims include both the mineral and surface rights.
Spruce Mountain's primary target is a +200 million ton molybdenum porphyry deposit with potential gold, silver and rhenium by-products
As evidenced by select large in-production molybdenum mines, Mosquito Consolidated predicts that high-value Spruce Mountain by-product elements like gold, silver, rhenium, and copper could underwrite all of the productions costs for molybdenum - making Spruce Mountain a potentially outstanding molybdenum resource in North America.
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