Cinnamon Whiskey

Gold Project

Executive Summary

The Cinnamon Whiskey Project is a low-sulfidation epithermal gold-silver system in Churchill County, Nevada, where shallow historical drilling outlined approximately 8,250 ounces of gold at about 1 g/t and returned individual intervals of up to 13.9 g/t gold over 5 feet. Surface sampling has produced substantially higher grades, including 67.5 g/t gold with 172.8 g/t silver, demonstrating the system's capacity for high-grade mineralization. Despite these results, most historical drilling was shallow and appears to have inadequately tested the main range-front structure below approximately 100 meters. Nevada Legacy sees strong potential for higher-grade shoots at depth, particularly where veins may widen or coalesce along structural bends and stepovers, as well as for additional mineralization along strike and on parallel structures. The Cinnamon Whiskey Project is available for sale or option.

View of the Cinnamon Whiskey project with mineralized vein outcrops in the foreground.

View of the Cinnamon Whiskey project with mineralized vein outcrops in the foreground.

Location of the Cinnamon Whiskey Gold-Silver Project in Nevada.

Location of the Cinnamon Whiskey Gold-Silver Project in Nevada.

Mineralized epithermal vein breccia at Cinnamon Whiskey.

Mineralized epithermal vein breccia at Cinnamon Whiskey.

Highlights

Commodity: Gold

Deposit Type: Low-Sulfidation Epithermal Veins

Location: Churchill County, Nevada

Historic Grades: 13.9 g/t Au over 5 ft in historical drilling; surface samples up to 67.5 g/t Au with 172.8 g/t Ag

Mineralized Strike Length: Approximately 500 m of outcropping epithermal veining

Status: Available for Sale or Option

Conceptual cross section of the target at Cinnamon Whiskey, in which high-grade vein mineralization may underlie the historically drilled, near-surface zone of low-grade gold mineralization.

Conceptual cross section of the target at Cinnamon Whiskey, in which high-grade vein mineralization may underlie the historically drilled, near-surface zone of low-grade gold mineralization.

Project Overview

The Cinnamon Whiskey Gold Project is located in the Fireball (Truckee) Mining District of western Churchill County, Nevada, approximately 72 km northeast of Reno. The project covers an outcropping low-sulfidation epithermal gold-silver system along the eastern range front of the Truckee Range, where historical drilling outlined a shallow zone of gold mineralization but left the principal structure poorly tested at depth. Historical drilling defined a non-compliant estimate of approximately 258,000 tons grading 1 g/t gold, containing roughly 8,250 ounces of gold, with reported bottle-roll recoveries of 97%.

Location and Access

On BLM ground in Churchill County, Nevada, approximately 10 km north of Interstate 80. The project is accessible by dirt roads from both the east and west and is proximal to a 345 kV transmission line, the Sierra Solar project, and services and accommodations in Fernley.

Geologic Setting

Mineralization occurs along the east-dipping Fireball Fault, a major northeast-striking range-front structural zone developed within Mesozoic metavolcanic and metasedimentary rocks. Gold-silver mineralization is associated with classic low-sulfidation epithermal veins and breccias containing quartz, calcite, adularia, and barite. Boiling-zone textures, including platy calcite and quartz after calcite, are present.
Weak gold mineralization extends upward into the base of an overlying basalt sequence, interpreted to preserve the position of the paleo-water table. This relationship suggests limited post-mineral erosion and that deeper levels of the epithermal system may remain preserved beneath the present exposure.

Exploration History

Systematic exploration began in the early 1980s, followed by several campaigns of predominantly shallow drilling through the remainder of the decade. The 1988 program outlined the historical gold estimate and returned individual five-foot intervals grading as high as 13.9 g/t gold. Newcrest Resources subsequently completed mapping, geochemical sampling, ground magnetics, and additional drilling in 2004–2005.
Despite this work, relatively few drillholes appear to have adequately tested the main fault zone at depths greater than approximately 100 meters. Nevada Legacy has assembled key historical drilling information, relocated nearly all historical drill collars in the field, and collected or acquired more than 100 surface rock samples.

Exploration Potential

The principal target is the undertested down-dip continuation of the known mineralized structure at depths of approximately 100–300 meters. Nevada Legacy interprets potential for higher-grade shoots where veins coalesce or dilate along bends and stepovers in the range-front fault, consistent with the cymoid-loop structural model documented in productive Nevada epithermal systems such as Midas.
Surface sampling demonstrates the system's capacity to produce high grades, with individual samples returning up to 67.5 g/t gold with 172.8 g/t silver, as well as additional samples grading 9.68 g/t gold with 21.7 g/t silver. Additional exploration targets occur along strike of the main mineralized zone and on adjacent parallel structures.

Why Cinnamon Whiskey?

Nevada Legacy believes the Cinnamon Whiskey Gold Project offers an opportunity to test a preserved and only partially explored epithermal gold system with demonstrated near-surface mineralization and evidence for high-grade gold-silver shoots. The combination of a shallow historical mineralized block, favorable metallurgy, boiling-zone textures, high-grade surface and drill results, and an undertested structural target at depth provides a clear basis for modern follow-up exploration and drilling.

References

Vanderburg, W.O. - Reconnaissance of Mining Districts in Churchill County, Nevada. U.S. Bureau of Mines Information Circular 7093, 1940.

Harlan, J.B. - Geology and Mineralization of Fireball Ridge, Churchill County, Nevada. M.S. thesis, Colorado State University, 1984.

Tingley, J.V. - Truckee (Fireball) District, in A Mineral Inventory of the Paradise-Denio and Sonoma-Gerlach Resource Areas, Winnemucca District, Nevada. Nevada Bureau of Mines and Geology Open-File Report 85-3, 1985.

Easdon, M.M. - Geologic Report on the Fireball Ridge Project, Churchill County, Nevada. Interaction Resources Ltd., November 1987 and March 1988.

Wood, J.D., and Fierst, J.S. - The Fireball Ridge Project, Churchill County, Nevada: Final Report for 2005. Newcrest Resources, Inc., 2005.

Marma, J.C., and Vance, R.B. - Importance of Cymoid Loops and Implications for Exploration and Development of Epithermal Gold-Silver Veins in the Gold Circle district, Midas, Nevada: GSN 2010 Symposium Proceedings.

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