As of January 12, 2011, published ore resources at Long Canyon were 1,396,000 oz. of gold at an average grade of 2.36 grams per gold per ton contained in 18,371,000 tons of ore. Inferred resources were 803,000 oz. of gold at average grade of 2.24 grams gold per ton contained in 11,170,000 tons of rock.
The Spruce Ridge, Nevada project is on the next range west of the recent Pequop Mountains, Long Canyon Trend major discovery by Fronteer Gold of a very large “Carlin Trend” type gold deposit. The Long Canyon deposit was acquired in February 2011 by Newmont Mining Corp. NEM.NYE for $2.3 billion.
Newmont Mining Corp. NEM.NYE and Barrick Gold Corp.ABX.NYE operate several large mines on the prolific "Carlin Trend" or Carlin Unconformity, which is one of the worlds richest mining districts. Gold Standard Ventures is currently exploring the Railroad project on the southern portion of the Carlin Trend, within the historic Bullion Mining District. CGCC CanyonGold plans to explore its claims for a large tonnage “Carlin” type of gold deposit.