Target: The Arabia District contains numerous occurrences of mesothermal high-grade, poly-metallic, gold and silver-rich deposits in a fractured intrusive and metasedimentary rock. Targets include replacement deposits, fissure veins, sheeted veins and vein stockwork at or proximal to contact zones beneath impermeable metasedimentary caprock.
Location: The Arabia Project is in the Arabia Mining District in the foothills of the Trinity Mountains, 20 kilometers north of Lovelock, Nevada.
Ownership: AuEx has 100% ownership of 400 hectares of unpatented mining claims
History: Mining in the Arabia District dates back to discovery in 1859. Nevada's first smelter was built nearby at Oreana to treat ore from the Arabia district and began production in 1867. The principal mines in the area include the West Workings, Montezuma, Electric and Jersey. These mines are all located along veins with some having strike lengths in excess of 330 meters mined by traditional underground stoping methods. Production for the district is estimated to be about 1 million historical dollars. Historically, antimony was the most valuable commodity produced from the district followed by silver, lead, and gold with minor copper.
Geology: Within the 4 kilometer long Arabia District, granodiorite stocks intrude the overlying metasediments of slate, quartzose and calcareous slate to meta-carbonates. The metasediments are seen to form an effective caprock to the intrusions and to ore. Mineralization and alteration tends to follow faulting oriented both north to south and east to west within the district. Favorable carbonate stratigraphy in the metasediment package potentially forms interesting replacement targets along faults and marginal to intrusions. After the mineralizing hydrothermal event, erosion occurred thereby exposing parts of the granodiorite intrusions. Tertiary latite and latite tuff then flowed into the area in places as cover-rock followed by more erosion. Younger Tertiary sediments and tuffs fill in low areas peripheral to the district.
AuEx Ventures, Inc. is currently seeking a joint venture partner for the Arabia Property. To learn more about this property and other joint venture opportunities, please contact Eric M Struhsacker, Exploration Manager, US at (775) 337-1545 or .
AuEx Ventures, Inc. is a TSX listed precious metals exploration company that has a current portfolio of over twenty properties in Nevada, two projects in Argentina and one project in Spain. The Company controls over 167,000 acres of unpatented claims and fee land. Eleven of the projects are in joint venture agreements with seven companies providing exploration funding. The Company applies the extensive Nevada exploration experience and high-end technical skills of its founders to search for and acquire new precious metal exploration projects that are then offered for joint venture.
