Historic gold–scheelite exploration and validation property · Nye County (between Ely and Tonopah)

The Nye/Myer Gold–Scheelite Property is a historic gold–scheelite property in Nye County, Nevada, with documented historical tungsten occurrences and legacy workings. Unlike other portfolio assets where tungsten is regional or conceptual, the Nye/Myer historical narrative centers on scheelite — with references to scheelite in fault gouge, disseminated occurrences, veinlets, and structurally controlled zones. A 1951 Nevada State Bureau of Mines bulletin documents scheelite and polymetallic mineralization in multiple Nye County settings; the company is working to reconcile the historic mine entry, sample locations, and current claim boundaries. The property was reportedly worked for scheelite in 1981, and a referenced 2018 exploration program included drilling and sampling — those records have not yet been recovered. Reported buildings, equipment, and vehicles are present on the property; ownership of improvements must be confirmed independently of the mining claim. The presence of scheelite establishes tungsten mineralization, not commercial grade.
Current work priorities: recover original 1951 assay data, recover 2018 JV drilling and sampling records, establish coordinate control, conduct UV-assisted scheelite mapping, perform channel sampling with multi-element assay including WO₃, and complete mineralogical characterization with gravity and flotation testwork.
The Nye/Myer property is within a Nye County, Nevada, region documented in the 1951 Mineral Resources of Nye County bulletin (Kral). The county contains numerous structurally, intrusive- and contact-controlled tungsten and polymetallic occurrences. Scheelite occurs in disseminations, quartz veins, shear zones, altered intrusive rock, and contact-metamorphic settings. The bulletin repeatedly documents the historical problem of discontinuous or 'bunchy' tungsten mineralization — visible scheelite did not automatically translate into a sustainable mine. This bulletin also emphasizes that geological mapping and properly directed exploration are prerequisites to determining whether old occurrences warrant renewed work. Property-specific scheelite grade, continuity, and geometry remain unestablished.
1951 Nevada bulletin documents scheelite in fault gouge, disseminations, veinlets, and structurally controlled zones across Nye County
Source: Mineral Resources of Nye County, 1951
Earlier summaries reference bulletin samples 50–65 as property-specific; spatial reconciliation with current claim boundary is in progress
Reportedly worked for scheelite in 1981 — operator records, production data, and maps not yet recovered
Referenced drilling and sampling program — technical package (drill logs, collar coordinates, assay certificates) not yet recovered
NV105793482 recorded with BLM
Historical production, assay, tonnage, mineralization, appraisal, and development references are drawn from records of varying age, provenance, and technical quality. Unless explicitly identified as current independent work, they have not been verified by Sovereign Resource Holdings or a Qualified Person and should not be interpreted as a current mineral resource, mineral reserve, economic project, recoverable inventory, or property valuation.
Source discrepancies being reconciled:
Unresolved technical questions: