GNCC Capital, Inc. (GNCP) Taps Arizona Gold
In spite of the fact that precious metals are now often viewed more as traditional commodities than they have been in the past – due in part to the added complexities of a globalized market – there is little question that gold and silver are still considered foundational protectors of wealth in threatening economic times. GNCC Capital has positioned itself in both the gold and silver markets as an exploration stage company with properties in Arizona. In addition, the company intends to pursue value-creating opportunities in other minerals where it can leverage existing assets, skills, and experience. The intent is to focus on exploration versus mining, and building value by proving reserves through geological surveys and drilling programs. Below are three of the company’s current main sites.
• Burnt Well Gold Property – A 160 acre site, comprised of 9 unpatented lode mining claims in the Harcuvar Mining District in southwest Arizona, Burnt Well has gold, silver, and copper mineralization in altered sedimentary rocks. Cordex sampling of gold mineralization along structures at the main Burnt Well shaft and adit reportedly yielded gold values up to 34 g / t (1.0 ounce per ton). Also of interest are disseminated gold values ranging from 0.34 to 1.03 g/t (0.01 to 0.03 ounce per ton) in silicified Tertiary siltstones, over widths of 20 feet or more.
• Ester Basin Gold Exploration Property – A 100 acre site of mining claims in western Arizona, Ester Basin Gold has shown gold mineralization in silicified quartz breccia zones throughout the property. Samples have shown gold of up to 0.412 oz per ton, silver of up to 1.1 oz per ton, and copper of up to 1.94 oz per ton.
• Clara Gold Project – A 480 acre site of mining claims in the Santa Maria Mining District in southwest Arizona, the Clara Gold Project has exposures of both gold and copper, and mineralization of dominantly free gold and micron gold, along with massive or fracture filling specular hematite, chrysacolla, malachite, barite, fluorite, quartz, calcite, chlorite, and manganese oxides. The high angle structures appear to have served as conduits, tapping a large deep seated copper/gold system.
For more information, see the company website at www.GNCC-Capital.com
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