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Millie property (4 JV) ASSET
ASSET DESCRIPTION
ASSET DESCRIPTION
Overview
Contained Material
Operations
Fleet
Energy
Economics
Access to Property
ASSET NAME
Millie property (4 JV)
ASSET TYPE
Exploration
Exploration METALS & MINERALS
Gold
DEPOSIT TYPE
Epithermal gold deposits
SPECIFIC LOCATION
Winnemucca, NV 89445, USA
CURRENT ASSET STATUS
  • Available for Option
NAME OF TREND
Kings River Rift trend
CURRENT ASSET STATUS NOTES

The Millie property is situated approximately 40km southwest of the town of Winnemucca in Pershing County, Nevada. It is located on the Kings River Rift trend, which is parallel to the prolific Northern Nevada Rift gold trend. The Kings River Rift is a linear magnetic high associated with several epithermal gold deposits, including Sleeper, Sandman, and Goldbanks. Tertiary volcanic and lacustrine rocks at the Millie property host hot-spring alteration containing anomalous gold mineralization. The target is bonanza-style, low-sulfidation gold mineralization in an area with excellent access and logistical support.

The property consists of 36 unpatented claims and fee land (~490 hectares). No mine workings or mine waste exist on the property and a majority of the property lies beneath shallow gravel and overburden; however, several small patches of altered rock with anomalous gold and pathfinder elements are exposed.  Rock samples of exposed quartz veins on the property contain anomalous gold (up to 0.163g/t Au), Sb (up to 259ppm), Hg (1 to 7.5ppm), and Se (up to 29ppm).

OWNERSHIP STRUCTURE
COMPANY NAMESTAKE %NOTES
Optionee Bravada gold corp. 100
ASSET ACTIVITIES
ACTIVITYSTART DATEEND DATEPROGRESS
HISTORICAL OWNERSHIP
OWNERSHIPFROMTOCOMMENT
MINERAL RESOURCES AND RESERVES
Mineral Resources:
MetalMeasuredIndicatedInferredAttributable interests
TonnageGradeContainedCutOffTonnageGradeContainedCutOffTonnageGradeContainedContained
Gold 0 k mt 0 g/t 0 k oz 0 g/t 0 k mt 0 g/t 0 k oz 0 g/t 0 k mt 0 g/t 0 k oz 0
Mineral Reserves:
MetalProvenProbableAttributable interests
TonnageGradeContainedCutOffTonnageGradeContainedCutOffContained
Gold 0 k mt 0 g/t 0 k oz 0 g/t 0 k mt 0 g/t 0 k oz 0 g/t 0
TOTAL CASH COST PER GOLD OUNCE
Amount in millionsMiningProcessingAdminRoyaltiesTotal%
Fuel000000 %
Maintenance000000 %
Labour000000 %
Insurance000000 %
Royalities000000 %
Reagents000000 %
Explosives000000 %
Contractors/consultants000000 %
Other*000000 %
Total US$ millions000000 %
PRODUCTION
PRODUCTION CYCLE Annual 2026 Experiences Expectations
2025 Q1 Q2 Q3 Q4 2026 5 Year Avg Remaining LOM
00000000Capital Expenditures13
00000000Ore Tons Mined23
00000000Mill Feed - Ore Tons Processed33
00000000Gold (k oz) Produced792
00000000Gold (k oz) Sold791
00000000Gold Recovery (%)794
00000000Cash Operating Cost43
00000000All - in Sustaining Costs53
00000000Strip Ratio – Waste:Ore63
ARTICULATED HAULERS
US METRIC
TRUCKSNo. OF TRUCKSNET POWER (HP)LOAD CAPACITY (tons)
MINING TRUCKS
US METRIC
TRUCKSNo. OF TRUCKSNET POWER (HP)LOAD CAPACITY (tons)
POWER DEMAND
ENERGY SOURCEENERGY TYPEAVAILABLE POWER (MW)US$ PER KWHCONTRACT #EXPIRATION DATE
POWER AND ENGINEERING
Power Usage: total MWh per year
Peak power demand MW
Environmental Impact Assessment, man hours
Engineering firms
Local firms
AFTER TAX & ROYALTY NET PRESENT VALUE
Initial Capital Cost Operating Expenses NVP Discount RatePayback periodAfter tax IRRGold (oz)
Date of Assessment
Jun 6, 2026