AgPbZnAuCu
Outlet Group Mineral Property
Historic silver–lead–zinc polymetallic property with gold and copper · Creede Mining District
Project Overview
The Outlet Group Mineral Property is a 100-acre mineral-rights position in the historic Creede mining district of Colorado. The holding covers portions of a documented silver–lead–zinc vein system associated with the Holy Moses–Outlet–Palo Alto–Gormax complex. Historical reports describe more than 7,000 feet of combined workings across the larger former nine-claim configuration; the company is mapping which portions of those workings lie within its current five-claim, 100-acre position. A third-party GRMP report references large surface dumps and historical blocked-tonnage estimates, but modern dump tonnage within the current claim boundaries, representative grade, and metallurgical recovery have not been independently established. The GRMP survey team did not access the underground workings — most portals were collapsed, locked, or not located.
Strategy & Development Path
Current work priorities: legal and spatial reconciliation of claim boundaries, drone/LiDAR dump survey, portal and road-condition assessment, representative dump sampling with multi-element assay, and mineralogical characterization.
What We Know
Historical workingsHistorical Government Record
7,000+ ft reported across nine-claim configuration; multiple adits and levels documented in DMEA maps
Dump tonnage referenceHistorical Third-Party Report
Approximately 1.314 million tons (GRMP estimate across former configuration; irregular geometry, bulk density unconfirmed)
Source: Outlet Group GRMP-43 Report, 2021
Historical metal estimatesHistorical Third-Party Report
Third-party report publishes large gold/silver estimates derived from valuation methodology, not current resources
Claim serialsVerified Official Record
5 active serials (100 acres) recorded with BLM
Technical Notes & Disclosures
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:
- GRMP large metal estimates (~698,000 oz Au, ~8.2M oz Ag) are valuation extrapolations, not current resources
- GRMP large metal estimates (~698,000 oz Au, ~8.2M oz Ag) are valuation extrapolations, not current resources
- Extensive workings documented historically but largely inaccessible during modern survey
- Palo Alto and Carbonate portals not located; Gormax collapsed; Outlet and Holy Moses #2 not entered
Unresolved technical questions:
- Exact owned footage of underground workings within current 100-acre boundary
- Representative grade and current tonnage of dumps within the five-claim position
- Current condition and accessibility of most underground workings
- Whether historic workings cross onto adjacent patented or third-party claims