Professional Documents
Culture Documents
Sands Of The
Yellow Jacket
Placer Mine
To Gold At
The Refinery
1
NATIONAL INSTRUMENT 43-101 GEOLOGIC REPORT ON THE YELLOW
JACKET GROUP OF MINES
Prepared for
David Pierce, Managing Partner of the
Yellow Jacket Partners and Associates
1905 Betsy Ross Dr.
Las Vegas, Nv., 89108
BY Dr. Abe Beagles , PhD Hydro Geology, Masters Degree
Mining Engineering and a BS of Quantum Physics.
1. Dr .Abe Beagles, residing at 10235 Franklin Blvd., Elk Grove Ca. 95757,
2. do hereby certify that:
I am a Principal Geologist and Owner of Mother Lode Mining, LTD.
3. I am a Professional Geophysicist, a Certified Engineering Geologist and Certified Hydro-geologist.
4. Furthermore, I am a Diplomat of the American Environmental Society, a member of the
SME, and a member of the California Water Quality Control Board and a certified member of
the Russian Geological Society, installed in 1972.
5. As of the date of this certificate, to the best of my knowledge, information and
belief, the Technical Report for which I am responsible contains all scientific and technical
information that is required to be disclosed to make the Technical Report for which I am
responsible not misleading.
6. I have read National Instrument 43-101 and Form 43-101F1 and by reason of my
education and past relevant work experience, I fulfill the requirements to be a “Qualified
Person” for the purposes of NI 43-101. This technical report has been prepared in compliance
with National Instrument 43-101 and Form 43-101F1;
7. As a qualified person, I am independent of the issuer as defined in Section 1.4 of
National Instrument 43-101;
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8. I am the author of all sections of this report;
9. I have had no involvement, prior to this current work, with the Placer Project
Partners and Associates.;
10. I first visited the Site September 21, 2022
10 Mother Lode Mining, Ltd. was retained by the Yellow Jacket Placer Project Partners and
Associates to complete a NI 43-101 Geologic Report in order to determine a Proven Reserve
for this mining property.
Because of the length and amount of documentation that was compiled over the past 120
years on this entire set of claims, (over 12 square miles) in order to establish a proven reserve
we have decided to give you an Executive Summary here at the start of the report that will give
you the meat of this extensive work so that you can read the important technical parts of it at
your leisure. Because this is an immense acreage, and we are only sampling a minute portion
of the total acreage available to me I had to take a different approach to establishing a value
for this claim
Since the property is so immense (The total acreage is OVER 8,000 Acres) we have decided to
use only YJ #73A that we have personally tested along with the historic assays of the past.
Our total testing started in the farthest corner of the claims on YJ #73A which would be the
farthest north and the farthest east. We are going to concentrate on only one 40 acres claim
YJ #73 for this NI 43-101 Geologic Report for the entire 8,000 acres is basically the same
geology. Since this is a Placer property of 40 acres ( YJ#73A) I decided to use the assays from
past sampling, on this same 40 acres, since all of it was done over the years with reputable
labs across the US. Some of the past Geologists were some of the most famous and well
recognized at the time they did the work on these claims. I have personally tested and had
assayed samples from all over the 8,000 acres but I am only going to use the assays from the
first 40 acre claim that we will do this N I43-101 Geologic Report on, and the name of this
claim is the Yellow Jacket #73A. I have used my assays and the work of the past Geologists to
compile one of the most comprehensive NI 43-101 Geological Reports that I have ever written
on such a small piece of land and this one makes my 65th NI 43-101 Geologic Report over a
period of 60 years.
This is a placer claim that sits almost exactly in the middle of the valley which is created by the
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mountains to the west and to the east of it. THAT IS AN IMPORTANT POINT IN
UNDERSTANDING THIS PROPERTY. Nevada has mountains that were created by uplifting in the
plates. This happened billions of years ago, and it is the reason why the valley where this claim
sits looks like the stream bed of a local river rather than the DESERT. By this I mean that the
entire valley has over 90% round water washed rock instead of the sharp jagged edged rock
you find in other parts of the west that would have come from sources close to where they lay.
This valley between the mountains was filled with material broken off from mountains far to
the North of this valley. When material is carried by water a long distance it has a tendency to
become round and water washed so that it appears like it came from a riverbed. This valley
was the ocean’s riverbed for the currents of the oceans at that time had a velocity of around
35 knots and that is fast for water and the currents flowed from the north to the south. As the
earth was rising from the ocean, mountains created by the uplift were subjected to the ocean’s
currents and the ocean started tearing apart these mountains one rock at a time. As this
happened these rocks moved farther and farther from where they came from and eventually,
they became the round rocks and boulders and pebbles and sand that occupy this valley today.
Contained in those degraded mountains was veins of gold and they too got dislodged from
their source and like the rocks were strewn throughout this valley. Much of the material in this
valley came from places as far away as Alaska, Canada, Montana and other states to the north.
This is also true of the gold found here. This alluvial fan that today covers the floor of the
valley to a depth of over 3,000 feet(USGS drilled survey statistics) and in that knowledge
comes the understanding that no set of samples taken from the surface to the depth of
bedrock, which, as of today has never been established, can guarantee a proven value for
this small section of this immense valley, so a Geologist has to use the information that is
presented to him by the assay’s and the past history of the area which would go to prove that
there is value in the sands of this property. Therefore my valuation of this property is going to
take such a conservative approach that many of you who may read this report will disagree
with me but this report will definitely establish a PROVEN VALUE for this one claim that no
one will dispute, because if you were to mine ALL OF THE MATERIAL AVAILABLE UNDER THIS
40 ACRE SITE YOU WOULD BE YEARS IN DOING SO BECAUSE OF THE IMMENSE DEPTH OF THE
GRAVELS OF THIS VALLEY BUT YOU WOULD RECOVER THE PROVEN VALUE IN GOLD THAT
THIS REPORT WILL ESTABLISH. Since this report has been commissioned for the purpose of
establishing an in-ground asset value I am only going to show the PROVEN VALUE FOR THE
GOLD, I am not going to address or report on any other noble metal, although they do exist in
this valley.
The math follows.
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the company and was drilled to a depth of 620 feet. Even though the claim has been drilled
and assayed to this depth it is not practical to try and mine this entire depth so I have decided
to use only the first 100 feet of this claim to establish the available ore. This is the depth of the
ore that will be used to set the standards we call a PROVEN VALUE.
4. The assay technology that was used at the time that these historic assays were done is called a
Fire Assay Technique and is one of the best technologies of the past. These figures represent
the averages of all of the assay’s that have been done up to the 21 st day of September 2022.
Additional assays using more current and more sophisticated methods of assay will be
presented further down in the report.
THE PROVEN GOLD RESERVE FOR THE YELLOW JACKET CLAIM #73A AS OF April 14,2023
Since all things are not equal in nature and since this is an alluvial fan I am going to use a value
per ton of this ore as a conservative 0.173 (50% of the historic value) ounces of gold to the ton
of this aggregate. Since this is only 40 acres the minable depth would be to only 100 foot and
with this depth considered and at that value the PROVEN RESERVE THAT I AM ASSIGNING TO
THIS CLAIM IS A TOTAL RECOVERABLE NUMBER OF OUNCES OF GOLD IS 1,119,527 AT TODAY’S
PRICE OF GOLD WHICH IS $2,010.00 EQUALS $2,250,249,270.00 PROVEN RESERVE
(Note on the math, 1 acre equals 209’x209’, total number of acres is 40. This gives us 1,747,240 square feet in the 40 acres. Total depth is
100’ which equals 174,724,000 cubic feet of material. To arrive at tons we divide by 27 which give us 6,471,259 tons of material. We take this
figure times the value per ton which is 0.173, which is only 50% of the old reports gold value per ton, equals 1,119,527 ounces of gold at a
value of $2,010 equals a Proven Value of $2,250,249,270.00 ( As of April 14, 2023).
The science of determining a Probable Reserve in a Placer Property really has no one method
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that should be used in determining the future possible values that are contained in a given
amount of aggregate. We know that it had been drilled to a depth of 620 feet in sections of
the property and that on other parts the depth of drilling was only 300 feet give or take a foot
or so. Some of the old assays from the Fire Assay method shows that there were hot spots of
very heavy concentrations of very fine gold, up to as much as 20 ounces to the ton of this
gravel, so small that it was not possible to see the individual particles without a jeweler’s loop
or a microscope. With these type of values being present I felt like I should investigate and
either prove or disprove these values for if they were actually present then they presented a
problem as to how to recover them for gravity methods of recovering these microscopic
particles of gold is just not possible with ancient technologies such as sluice boxes, and jigs and
shaker tables for all of these devices uses water as a medium of transporting the lighter
particles off and separating these fine pieces of gold. But these pieces of gold are so small and
light that they will travel into the tailings pile with the lighter material if water is s the primary
way to separate the noble metals from the gang or lighter particles in the separation
technology.
With this understanding of the possibility that these fine particles of gold existed I wanted to
use an assay method that would prove their existence, so I took samples that were sent to
specific labs that use the newest technologies in gold analyzation that is called I.C.P.-M.S.,
which, is an induced plasma technology that does not lose any gold because it is all digested in
an acid prior to being counted with the plasma beam and the Mass Spectrometer. In the case
of these two assays, they were both sifted by screening the sample to a mesh size of 125. This
is the equivalent of face powder. By doing the assay in this manner we are able to establish
not only the size of the gold in question, but the amount of gold held in only one gram of this
finely sifted material. By doing the assay in this manner we are also able to prove how much
gold is in a ton of this material by extrapolating the assay from one gram to a ton. Below are
actual copies of the labs report that was done on these two samples and will prove that this
fine gold not only exists but is available in large amounts but only if a method of recovery is
used that can capture these microscopic particles.
The first sample below is titled HOTSPOT because it is where the owner of the mine said he
had gotten a very distinct indication that a high concentration of gold existed under that spot.
This was determined by previous testing and assaying of the area. NOW LET ME ADDRESS THE
ACTURAL ASSAY. As you can see only 220 Mg of the ore was used. THE ASSAY RESULT SHOW A
VALUE OF 1113 Parts Per Million or
33 OUNCES OF GOLD TO THE METRIC TON OF THIS AGGREGATE.
This assay only proves that the gold in this mine is of the Nano Particle Size category and will
require a special recovery circuit in order to get it all out of the aggregate.
The second sample that is shown in the assay below is entitled Wash 1 and it came from a spot
on the far west side of this claim. This assay showed that there were 950 PPM of gold in this
sample which is EQUAL TO 28 OUNCES OF GOLD THE METRIC TON OF AGGRAGATE. This
sample was also screened down to 125 mesh in size and prepared the same way as the first
assay.
These two samples dictate that a different way of processing this very fine gold is going to be
required in order to recover it from the aggregate. In light of this knowledge, I had this same
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sample assayed by another Plasma Extractor System which is a proprietary system of the Lori Jane
Foundation, Inc. which is housed in Ghana West Africa and ran by highly qualified refiners from
the US. This assay will appear further down in this report.
The next 3 assays will show how the size of the gold is an important fact in understand why the
Probable Reserves could play a much more important part in the valuation of this mine than the
Proven Reserves, because even though this assay is one 40 acre claim and the Proven Reserves are
impressive, it is going to be the Probable Reserves that will ultimately determine the bottom line for
this mine and in that respect it is very important to utilize technologies that can capture this size of
gold.
Gerrybeagles@aol.com
Notes:
i) Two distinct samples were sampled (~220 mg), digested, filtered, diluted, and
analyzed.
ii) For the digestion, we used [1 mL HF: 4.5 mL Nitric Acid: 4.5 mL HCl].
The samples were digested in a microwave in sealed PTFE tubes, where the temperature reached
200 C with a total cycle time of 40 minutes. Bismuth (Bi) was used the internal standard. A three-
point calibration, plotted through zero was used with excellent linear correlation for each element.
Thus, an internal and external standard (instrument calibration) was used.
7
David Luttrull, Ph.D. Lab Director
2328 E. Van Buren Street Unit#102
8
Notes:
iii) Two distinct samples were sampled (~220 mg), digested, filtered,
diluted, and analyzed.
iv) For the digestion, we used [1 mL HF: 4.5 mL Nitric Acid: 4.5 mL HCl].
The samples were digested in a microwave in sealed PTFE tubes,
where the temperature reached 200 C with a total cycle time
of 40 minutes. (
9
IN SUMMATION OF THE PROBABLE RESERVES
What I have shown you in the above paragraphs and assays is that the gold on this claim is not
your usual nugget gold that is found elsewhere in Nevada but that this claim #73A is a shining
example of what is so often overlooked in mining, and by that I am referring to the microscopic
gold that is passed over and not considered in many of the small and medium sized mines in this
country. The first two assays shows that there is more gold in the fine particles than there is in
the overall aggregate by as much as 30 times more for when you consider that the average value
of the ground when done under Fire Assay Technologies is only .346 ounces of gold to the ton
of this aggregate and the samples were gathered and processed by old time techniques which has
no way of recovering the microscopic pieces of gold. The ICP-MS assay uses the newest in
technologies in assaying these samples and the results are unquestionable.
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THIS IS THE START OF THE HISTORIC NI 43-101 COMPLETED IN
OCTOBER OF 2013
I AM RELYING ON THIS EXISTING NI 43-101 TO SUPPLY THE BASICS FOR
THE CURRENT NI 43-101 GEOLOGICAL REPORT BEING PREPARED BY
DR. ABE BEAGLES
Nl 43-101:
Prepared for: Texas Wyoming Drilling, Inc. 12010 76th Ave South Seattle, Washington 98178
Zivkovic Geophysical Investigations, LLC 2005 9th Street Suite 6 Greeley, CO 80631
303-219-3238 www.zivkovicgeophysical.com
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Zivkovic Geophysical Investigations Yellow jacket Nl 43-101 Report
Table of Contents
Table of Contents........................................................................................................................................ ii
1. Summary ........................................................................................................................................ 1
2. Introduction ..................................................................................................................................... 1
6. History........................................................................................................................................... 10
9. Exploration .................................................................................................................................... 18
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Zivkovic Geophysical Investigations Yellow jacket Nl 43-101 Report
List of Figures
Fig. 4.1. Site location with respect to Las Vegas, October, 2013.
Fig. 4.2 Property with mining claims, October, 2013.
Fig. 5.1. Site photo depicting typical terrain, August 2012.
Fig. 5.2. Gas Line (yellow) and railway (black), October 2013.
Fig. 7.1. Geologic map of the Yellow Jacket exploration property.
Fig. 8.1. Badland area facing directly east from the Yellow Jacket property.
Fig. 8.2. Typical terrain encountered on the Yellow Jacket property.
Fig. 8.3. Quatarnernary alluvial deposits juxtaposed on top of silty lake deposits.
Fig. 8.4. Occasional outcrop of dolostone and mudstone.
Fig. 8.5. Typical terrain encountered within the paleostream channel.
Fig. 8.6. Road access along a paleostream channel.
Fig. 9.1 Yellow Jacket Mining Claim with magnetic data locations acquired by V. B.
Zivkovic, October 2013.
Fig. 9.2 Magnetic anomaly map of mining claim, October 2013.
Fig. 9.3 Magnetic anomaly overlay of mining claim, October 2013.
Fig. 9.4 Magnetic anomaly cross-sections of mining claim, October 2013.
Fig. 9.5 A-A’ magnetic anomaly profile October 2013.
Fig. 9.6 B-B’ magnetic anomaly profile, October 2013.
Fig. 9.7 Surface samples location, October 2013.
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Zivkovic Geophysical Investigations Yellow jacket Nl 43-101 Report
List of Tables
List of Appendices
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43 -101 Report
1 .0 Summary
The early stage exploration property consists of six separate public land sites
consisting of 160 acre claims located in the Las Vegas Field Office, Nevada, 45
miles northwest of the city of Las Vegas, Nevada and totals 960 acres. The legal
description of the site is: R65E T14S and R66E T13S.
As with all public land mining sites, the operator is responsible for reclamation of
the site as soon as possible. In regard to endangered or threatened species the
operator of the site must take action to prevent adverse impacts as a result of
their operation.
As of the time of this report, Texas Wyoming Drilling, Inc. does not have in place
the necessary permits to conduct mining operations on the site. However, all
necessary fees related to the site are current The qualified person, Vladimir B.
Zivkovic, Ph.D., recommends getting the necessary permits to conduct more
mining operations as this may potentially lead to more discoveries of silver and
other minerals.
2 .0 Introduction
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43 -101 Report
The author understands that this report has been requested and will be used by
Texas Wyoming Drilling in order to raise capital for mining operations or for a
possible financial transaction.
The secondary purpose of this report on the Yellow Jacket project is to provide
the reader with the basic conceptual exploration target model, a summary of the
exploration activities conducted thus far, and a discussion of the geology of both
the region and the project area. In addition this report will discuss both historical
and current exploration activities.
The site was inspected on October 10-13, 2013 and revealed no mining
operations were being performed.
The early stage exploration property is owned by Texas Wyoming Drilling, Inc.
as indicated on the Bureau of Land Management Mine Claims site.
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43 -101 Report
The site is an early stage exploration project at the resource definition stage
supported by the results of surface and subsurface exploration.
As of the time of this report, Texas Wyoming Drilling does not have in place the
necessary permits to conduct mining operations on the site. However, all
necessary fees related to the site are current.
The attached report has been prepared by the Qualified Person using public
documents acquired personally and private documents given to the Qualified
Person for this purpose.
While reasonable care has been taken in preparing this report, the Qualified
Person cannot guarantee the accuracy or completeness of all supporting
documentation. In particular, the Qualified Person did not attempt to determine
the veracity of geochemical data reported by third parties. However surface
samples were collected to conduct duplicate sampling for comparison with the
geochemical results provided by other parties. The interpretive views expressed
herein are those of the Qualified Person and may or may not reflect the views of
the Texas Wyoming Drilling or the property owners. The Qualified Person has not
relied on historical analytical data and has no reason to believe that any material
facts have been withheld.
Sec. 314. [43 U.S.C. 1744] (a) The owner of an unpatented lode or placer mining
claim located prior to the date of this Act shall, within the three-year period
following the date of the approval of this Act and prior to December 31 of each
year thereafter, file the instruments required by paragraphs (1) and (2) of this
subsection. The owner of an unpatented lode or placer mining claim located after
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43 -101 Report
the date of this Act shall, prior to December 31 of each year following the calendar
year in which the said claim was located, file the instruments required by
paragraphs (1) and (2) of this subsection:
(1) File for record in the office where the location notice or certificate is recorded
either a notice of intention to hold the mining claim (including but not limited to
such notices as are provided by law to be filed when there has been a suspension
or deferment of annual assessment work), an affidavit of assessment work
performed thereon, on a detailed report provided by the Act of September 2, 1958
(72 Stat. 1701; 30 U.S.C. 28-1), relating thereto.
(2) File in the office of the Bureau designated by the Secretary a copy of the
official record of the instrument filed or recorded pursuant to paragraph (1) of this
subsection, including a description of the location of the mining claim sufficient to
locate the claimed lands on the ground.
(b) The owner of an unpatented lode or placer mining claim or mill or tunnel site
located prior to the date of approval of this Act shall, within the three-year period
following the date of approval of this Act, file in the office of the Bureau
designated by the Secretary a copy of the official record of the notice of location
or certificate of location, including a description of the location of the mining claim
or mill or tunnel site sufficient to locate the claimed lands on the ground. The
owner of an unpatented lode or placer mining claim or mill or tunnel site located
after the date of approval of this Act shall, within ninety days after the date of
location of such claim, file in the office of the Bureau designated by the Secretary
a copy of the official record of the notice of location or certificate of location,
including a description of the location of the mining claim or mill or tunnel site
sufficient to locate the claimed lands on the ground.
(c) The failure to file such instruments as required by subsections (a) and (b) shall
be deemed conclusively to constitute an abandonment of the mining claim or mill
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43 -101 Report
or tunnel site by the owner; but it shall not be considered a failure to file if the
instrument is defective or not timely filed for record under other Federal laws
permitting filing or recording thereof, or if the instrument is filed for record by or on
behalf of some but not all of the owners of the mining claim or mill or tunnel site.
(d) Such recordation or application by itself shall not render valid any claim which
would not be otherwise valid under applicable law. Nothing in this section shall be
construed as a waiver of the assessment and other requirements of such law.
Reclamation
According to 43 CFR 3809.420.b3 the operator must reclaim the area disturbed
by the mining operations.
Achieving the objectives stated in this report has required that we arrive at
conclusions based upon the best information available. No investigative method
can completely eliminate the possibility of obtaining imprecise or incomplete
information; it can only reduce the possibility to an acceptable level. Professional
judgment was exercised in gathering and analyzing the information obtained and
in the formulation of the conclusions. Like all professional persons rendering
advice, we do not act as absolute insurers of the conclusions we reach, but we
commit ourselves to care and competence in reaching those conclusions.
The conclusions and recommendations made throughout this report reflect
existing site conditions existing at the time of this assessment. Research into
the compliance of past owners with environmental regulations was not within
the scope of this report.
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43 -101 Report
This report has been prepared in accordance with generally accepted practices
as defined in National Instruments 43-101 "Standards for Disclosure”. No other
warranties, either expressed or implied, are made as to the professional
services provided under the terms of this report.
Reports used in these assumptions are identified in the reference section and
are cited throughout this report.
The Texas Wyoming Drilling early stage exploration property consists of six 160
acre leases for a total of 960 acres and is located in the Las Vegas Field Office,
Nevada.
State claims require annual assessment work of $100 per 40- acre claim and
an annual rental fee that commenced at $35 per 40-acre claim, escalating to
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43 -101 Report
$70 per claim after 5 years and $140 per claim after the 11th year. For quarter-
section claims the rentals commence at $140 per 160-acre claim, escalating to
$280 per claim after 5 years and
$680 per claim after the 11th year. All the State claims at the Texas Wyoming
Drilling project have been held in since 2009.
Under federal law Nevada gold producers pay no federal mineral royalties.
Nevada corporations pay no state corporate income tax.
Mineral rights in this part of Nevada are administered by the BLM and the State of
Nevada. The claims of the Texas Wyoming Drilling have not been surveyed by a
registered land or mineral surveyor and there is no State or federal law or
regulation requiring such surveying.
To the extent known there are no royalties, back-in rights, access or other
payments to which the exploration property is subject, and there are no other
significant factors and risks that may affect access, title, or the right to perform
work on the site.
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43 -101 Report
Fig. 4.1. Site location with respect to Las Vegas, Nevada, October. 2013.
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5.1 Accessibility
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5.2 Climate
The Arrow Canyon Range has a desert climate of hot, dry summers. And
temperatures range from 31 °F to 105°F (-0.5°C to 40.6°C). Precipitation
averages only 5.1 in (130 mm) annually.
The early stage exploration property is located in Moapa, NV with the nearest
city, Las Vegas, Nevada 45 miles southwest of the site. The Las Vegas
metropolitan area (population 1.9 million) is the major sources of labor, supplies,
services, and health facilities for the Texas Wyoming Drilling property. Moapa,
with a population of about 1025 (2010 US Census) and other nearby small
municipalities may provide some of the local laborers for mine operations. No
other resources are nearby.
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43 -101 Report
5.4 Infrastructure
The Yellow Jacket property is accessible via Interstate 15 and from Las Vegas
International, which is served by regular scheduled commercial air service. The
airstrip can handle all of the necessary types of aircraft needed for mining
operations.
A natural gas pipeline passes along the southern border of Highway 168 and
railway passes along the eastern border.
Electricity is easily accessible to the site but would need to be tapped in prior to
operations. Water may be provided via a groundwater well located at Yellow
Jacket 108. At present no other facilities are present on-site.
Fig. 5.2. Gas Line (yellow) and railway (black), October 2013.
5.5 Physiography
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43 -101 Report
The site, situated level desert terrain, is east of Arrow Canyon Range. The local
topography varies greatly and has an elevation of approximately 1730 feet at the
lowest point and a maximum elevation 1860 feet. Joshua trees and Creosote
bushes are present throughout the site. Multiple ephemeral stream beds are
present and flow from west to east.
6 .0 History
Since the Texas Wyoming Drilling has taken possession of the property there has
been no production on the property other than taking assay samples, staking and
trenching on the property.
Paleozoic sedimentary rocks are present in most of the ranges in the area and
although complexly folded and faulted in places, most outcrops display north-
trending strikes and east or west dips. In the Mormon and East Mormon
Mountains the Paleozoic rocks occur as thrust or detachment fault sheets or
gravity slides which have overridden Precambrian rocks. Triassic and Jurassic
sedimentary rocks consisting of the Chinle and Moenkopi Formations and the
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43 -101 Report
Aztec Sandstone crop out along the north-trending Muddy Mountains and the
southern part of Whitney Ridge in the southern Virgin Mountains.
The Muddy Springs are situated at base of the eastern flank of the Arrow Canyon
Range, which is comprised of folded and faulted Paleozoic carbonate rocks.
Spring discharge occurs through recent alluvium deposited along the ensized
valley floor - flood plain of the Muddy River, and through underlying semi-
consolidated alluvial deposits of the Muddy Creek Formation. Mesozoic age
compressional features (primarily folds) are common local structural features in
the bedrock. Unnamed north-south faults are common in the nearby bedrock.
Tertiary and Quaternary normal faults associated with the Basin and Range
Province are also common. Of specific interest to recent mapping was a review of
whether the Muddy Springs area was associated with a fault zone, as is common
for large springs in the valley lowlands within the Basin and Range Province.
The Clark County geologic map (1:250,000 scale, Longwell and others, 1965)
does not indicate a major fault structure in this area or in the adjacent part of the
Arrow Canyon Range, however, the scale of this regional mapping is such that
many faults of significance may not be incorporated. By contrast however,
regional correlations by the LWWD (2001), the detailed bedrock mapping of the
Schmidt and others (1996), and adjacent USGS maps, show this area to be
structurally deformed with a strong northsouth structural orientation caused by
Mesozoic compressional features and Tertiary and Quaternary normal faulting.
Geology mapping Donovan and others (2004) has identified an important north-
south normal fault, located directly west of the Pederson Spring complex, which is
a continuation of the normal faults in adjacent Paleozoic bedrock to the southwest
of the springs as previously mapped by Schmidt and others (1996). Several other
associated minor subparallel faults have been mapped to the east and within the
Pederson Spring complex. Other minor faults have mapped with an orientation of
about N60°W, which is subparallel with Muddy River. Features such as offset and
tilted beds, slickensides, and linear landscape features were used to identify the
structures. At various Stages in the geologic history of these faults, they have
acted as conduits to spring discharge as is indicated by water discharge features
such as tufa, mamillary calcite, cementation zones, and dissolution cavities along
the trace of and immediately down gradient of the faults. Also of interest, is the
character and distribution of the Quaternary (mid-Pleistocene) paleospring
deposits. The paleospring deposits are similar to the younger (Pleistocene-
Holocene) paleo-spring deposits, common in southern Nevada (Quade and
others, 1995)
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43 -101 Report
but lacks the distinctive organic horizons “black mats” and gastropod shells, and
generally have a better developed caliche cap. The older (Miocene) Muddy Creek
Formation is more monotonous texturally and is easily differentiated from the
paleospring deposits. The stratigraphic units used on Figure 7.1 were generalized
from previous published mapping and are described in Table 7.1.
8 .0 Deposit Types
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43 -101 Report
Quatarnernary alluvial deposits and Late Eocene and Late Miocene tuffacious
sedimentary rocks typify the area and are up section of the area south of
Highway 168. Analysis for gold and silver was conducted.
Fig. 8.1. Badland area facing directly east from the Yellow Jacket property.
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43 -101 Report
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43 -101 Report
Quatarnernary alluvial deposits typify the area and are down section of the
area north of Highway 168. Throughout the area outcrops of dolostone and
mudstone are found. Analysis for gold and silver was conducted in this vicinity.
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Fig. 8.3. Quatarnernary alluvial deposits juxtaposed on top of silty lake deposits.
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Yellow jacket Nl 43-101 Report
Zivkovic Geophysical Investigations
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9 .0 Exploration
A total field magnetic exploration survey was conducted on October 11-12, 2013 and
was a part of the scope of work for this project to assist in determining depth to
bedrock. The survey consisted of 29 data points acquired using a Geometries 856
proton precision magnetometer. During the survey magnetic cleanliness was adhered
to as well as recording the diurnal variation. Magnetic cleanliness is the process of
removing all items that are metallic from the surveyors body so as to not corrupt data
acquisition. The diurnal variation is the perturbation of Earth’s magnetic field due to
solar influences and was accounted for in the data reduction process.
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A total field magnetic anomaly map was produced using the data acquired. The
purpose in producing such a map is to illustrate areas containing the magnetic mineral
magnetite to assist in determining features, orientation of the bedrock and depth to
bedrock. Magnetite is not found in sedimentary rocks and is more commonly
associated in both
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igneous and metamorphic rocks. Gold is a non-magnetic mineral and will not be
revealed in this type of survey. What is revealed in the total field magnetic anomaly
map is that from the northern portion of the property towards Highway 168 the values
decrease. This is suggestive of the bedrock dipping towards the south-southeast and
becoming covered with a thicker amount of alluvium.
Elevation Magnetic
Latitude Longitude Elevation (ft) Magnetic (nT) Latitude Longitude (ft) (nT)
36.70449 -114.77568 2335 49298.6 36.75911 -114.67182 2008 49372.8
36.70388 -114.77256 2319 49301.4 36.75323 -114.6733 1984 49353.6
36.70381 -114.76386 2238 49297.2 36.74406 -114.67097 1941 49369.6
36.70244 -114.75711 2196 49314.2 36.73412 -114.66900 1908 49377.8
36.70196 -114.74879 2147 49323.0 36.7276 -114.66544 1884 49378.2
36.70343 -114.73907 2064 49317.0 36.73014 -114.72224 1810 49274.0
36.70255 -114.73348 2033 49333.4 36.71273 -114.68031 1736 21628.0
36.70626 -114.7254 1941 49328.6 36.70802 -114.65965 1820 16414.0
36.70706 -114.71547 1868 49343.2 36.70758 -114.6599 1814 19484.0
36.70992 -114.70973 1791 49350.4 36.72629 -114.63384 1729 49340.0
36.71828 -114.72108 1819 49314.4 36.7193 -114.63685 1756 49334.0
36.77417 -114.68904 2155 49375.2 36.71344 -114.64021 1769 49329.0
36.76647 -114.68212 2107 49372.0 36.70886 -114.6396 1752 51349.0
36.76202 -114.66824 2013 49367.6 36.70599 -114.64259 1759 49313.0
36.75972 -114.65659 1914 49338.6
Table 9.1 Corrected magnetic survey data points. Data collected by V. B. Zivkovic
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Two magnetic anomaly profiles were constructed of the exploration property (Fig.9.5).
Results of this survey do suggest that higher magnetic anomaly values do occur near the
base of streams and towards areas of lower elevation. This is illustrated on the magnetic
anomaly profile A-A1 (Fig. 9.6) that follows a paleostream channel and is a result of
alluvial material becoming less thick thus bringing magnetic susceptible minerals in the
bedrock closer to the surface. Using the half width maximum equation (z=d/1.6) to
determine depth to bedrock, where z equals depth, and d equals distance, we can
estimate approximately 1,456 feet of sediment and sedimentary rock overlying igneous or
metamorphic bedrock. This thickness does not take into account the depth to dolostone,
mudstone, or any other sedimentary rock that appears within Arrow Canyon valley and
may be encountered.
Figure 9.7 profiles B-B’ and illustrates a feature that may be interpreted as a fault at point
3. Using the half width maximum equation (z=d/1.6) to determine depth to bedrock,
where z equals depth, and d equals distance, we can estimate approximately 3,437 feet
of sediment and sedimentary rock overlying igneous or metamorphic bedrock. Generally
magnetic profiles show a smooth slope either increasing or decreasing in value. However
at point 3 a sharp decrease in magnetic susceptibility is observed in the profile. Sharp
features such as this may be associated with faulting which is entirely consistent
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Yellow Jacket Nl 43 -101 Report
since the region is fault block dominated even though a fault does not appear on geologic
maps of the region.
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? 2200 T .....- ... -........-- ... ......... - - ......... -... - --- -------- ----- 49380.0
j 2150 4 -..................... - ... --........ . ....... ------------ ----- ----- --
49375.0
i 2100 4 --- ------- ............ .. - ------ --------- - ---- -- ~ -- - -
49370.0
: 2050 4..... -......... ........................ A ...................................... j
49365.0 Elevation(ft)
? 2000 4 ------- ---- .............. -- ......... .. ----------------------------- j
Magnetic (nT)
49360.0
1950
49355.0
! 1900 4- - ........ - ...- .... — ..... .................... - ....... — . -....
! 1850 4 ------------v— ----- .................................. — ------ -- 49350.0
1 2 3 4 5 6 7
Fig, 9.6 B-B’ magnetic anomaly profile, October 2013.
Sample locations are identified in Fig. 9.5 and analytical results are presented in
Table 9.2. True copies of the chain of custody and results are presented in
Appendix B.
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Yellow Jacket Nl 43 -101 Report
To date the Texas Wyoming Drilling has spent capitol in the following areas: •
Geophysical Survey - $12,000
• Geochemical Analysis-$400.00
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Yellow Jacket Nl 43 -101 Report
10 .0 Drilling Up to 2013
To date, Texas Wyoming Drilling, Inc. has not done any drilling on the Yellow
Jacket property. Recommendations in this report are to initiate an exploratory
drilling program to identify any pay zones that may be present to the 150 foot
level.
12 .0 Data Verification
To ensure the accuracy of laboratory analysis one blank sample was submitted
for a duplicate analysis. The blank sample (YJ-B) was collected at the YJ-3
location. Results of both samples were statistically identical and therefore
confirm the accuracy of the laboratory analysis.
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Yellow Jacket Nl 43 -101 Report
15 .0-22.0
Since the Yellow Jacket exploration property is at an early stage of exploration
these sections do not require to be reported on.
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43 101 Report
23 .0 Adjacent Properties
The Yellow Jacket property is not adjacent to any known gold or silver resource
or production properties.
There are no other relevant data or information known by this author for the
Yellow Jacket property that is not presented in this report.
Texas Wyoming Drilling has acquired a portion of a possible gold placer deposit
that for the most part has not been fully surveyed. The property may hold the
potential to host gold resources of similar character and grade as those
exploited in the region historically. Nevertheless, to date the project is still
deficient in geology, procedures and technology, which should be improved in
the future in order to fully determine the potential of the property.
Placer mining is frequently used for precious metal deposits, particularly gold,
and gemstones, both of which are often found in alluvial deposits. Alluvial
deposits are defined as deposits of sand and gravel in modern or ancient
stream beds, or occasionally glacial deposits. The metal having been moved by
stream flow from an original source such as a vein is typically only a minuscule
portion of the total deposit. Since heavy metals like gold are considerably more
dense than sand, they tend to accumulate at the base of placer deposits.
The ultimate objective of this work was to ascertain if there are sufficient
probable mineral reserves for a future financial transaction or to begin mining
operations by Texas Wyoming Drilling, Inc. Currently Zivkovic Geophysical
Investigations classifies the mineral resources on the early stage exploration
property as inferred. Private parties in the past have suggested significant
amounts of gold on the property ranging from 0.346 opt to 1.833 opt from
surface samples.
Zivkovic Geophysical Investigations Yellow Jacket Nl 43 101 Report
Now and after a review of all available data and information Zivkovic
Geophysical Investigations recommends further in-depth geological and
geochemical analysis to further identify the economic potential of the Yellow
Jacket Claims.
There are no known significant risks and uncertainties that could reasonably be
expected to affect the reliability or confidence in the exploration information
presented because the samples were collected to a high industry standard and
reputable laboratories were used for analysis and the work was carried out by
professional geologists and technicians. There are no known significant risks
and uncertainties regarding mineral resource or mineral reserve estimates, or
projected economic outcomes because this report does not contemplate those
items.
There has been no material work done on the property since the last visit.
A qualified person has not done sufficient work to classify the historical estimate
as current mineral resources and the Texas Wyoming Drilling is not treating the
historical estimate as current mineral resources.
26 .0 Recommendations
The Arrow Canyon Valley, of which the Texas Wyoming Drilling exploration
property is a part of, contains significant amounts of economically viable
Zivkovic Geophysical Investigations Yellow Jacket Nl 43 101 Report
Total $212,000
Table 26.1 Breakdown Phase 1 Costs for the Yellow Jacket Project, Nevada.
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43-101 Report
collected over 3 foot intervals. Samples are to be collected and submitted for
laboratory analysis by contract personnel and not site owners or other
interested parties. Contract geologists and geotechnical personnel can be
utilized for the recommended
work. Limited oversight and ground support will be required from Texas Wyoming Drilling mine
personnel and contractors will be transported, housed and fed using existing mine facilities. The
initial Phase 2 work program is designed to be completed within a 6 month period and is
dependent on the results of Phase 1 magnetics surveys recommended above. Total estimated
cost of this Phase 1 work is approximate cost of $445,000 (Table 26.2).
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43-101 Report
27.0 References
Clark County geologic map (1:250,000 scale, Longwell and others, 1965)
Donovan, D.J., Dixon, G.L., and Rowley, P.D., 2004, Detailed Geologic Mapping in the Muddy
Springs Area, Clark County, Nevada, Abstract and presentation at the 2004 Nevada Water
Resources Association Annual Conference.
Quade, J., Mifflin, M.D., Pratt, W.L, McCoy, W„ and Burckle, L., 1995, Fossil spring deposits in
the southern Great Basin and their implications for changes in water-table near Yucca
Mountain, Nevada, during Quaternary time: Geological Society of America Bulletin, v. 109,
p.219-230.
Schmidt, D. L, Page, W. R., Workman, J. B. 1996, Preliminary geologic map of the Moapa West
quadrangle, Clark County, Nevada, U. S. Geologic Survey Open File Report 96-521, 33p. map
scale 1:24,000
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43-101 Report
This report entitled: "Nl 43-101: Initial Exploration of the Yellow Jacket Mining Claims,
Location: Moapa, Nevada" dated October 31, 2013, with an effective date of October 31, 2013,
was prepared and signed by the author.
i
"Vladimir B. Ziv kb vic"
Greeley, Colorado
October 31, 2013
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43-101 Report
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43-101 Report
12. Neither I, nor any affiliated entity of mine, is at present under an arrangement or
understanding, nor expects to become, an insider, associate, affiliated entity or employee
of Texas Wyoming Drilling, Inc.
13. Neither I, nor any affiliated entity of mine, own either directly or indirectly, nor expect to
receive, any interest in the properties or securities of Texas Wyoming Drilling, Inc., or any
associated or affiliate companies.
14.1 have been an independent consultant since May, 2009.
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Zivkovic Geophysical Investigations Yellow Jacket Nl 43-101 Report
Appendices
35
Yellow Jacket Ml 43-101 Report
Zivkovic Geophysical Investigations
36
DEPARTMENT OF THE INTERIOR
BUREAU OF LAND MANAGEMENT
MINING CLAIMS (MASS) Serial
Register Page
Run Date/Time: 10/21/13 02:05 PM Page 1 <
Line Nr Remarks
0001 POA MARGARET CADENA FOR NAVARRO
IMO WARRANTY IS MADE BY BLM FOR USE OF THE DATA FOR PURPOSES NOT INTENDED BY BLM
DEPARTMENT OF THE INTERIOR BUREAU OF LAND MANAGEMENT MINING CLAIMS
IMO WARRANTY IS MADE BY BLM FOR USE OF THE DATA FOR PURPOSES NOT INTENDED BY BLM
DEPARTMENT OF THE INTERIOR BUREAU OF LAND MANAGEMENT
MINING CLAIMS
Line Nr Remarks
NO WARRANTY IS MADE BY BLM FOR USE OF THE DATA FOR PURPOSES NOT INTENDED BY BLM
DEPARTMENT OF THE INTERIOR
BUREAU OF LAND MANAGEMENT
MINI(NMGAC
SLSA
) ISMeSrial Register Page
Run Date/Time: 07/28/13 11:36 AM Page 1 (
Line Nr Remarks
NO WARRANTY IS MADE BY BLM FOR USE OF THE DATA FOR PURPOSES NOT INTENDED BY BLM
DEPARTMENT OF THE INTERIOR BUREAU OF LAND MANAGEMENT
MINING CLAIMS
(MASS) Serial Register Page
Run Date/Time: 07/28/13 11:37 AM Page 1 <
IMO WARRANTY IS MADE BY BLM FOR USE OF THE DATA FOR PURPOSES NOT INTENDED BY BLM
DEPARTMENT OF THE INTERIOR
BUREAU OF LAND MANAGEMENT
NO WARRANTY IS MADE BY BLM FOR USE OF THE DATA FOR PURPOSES NOT INTENDED BY BLM
DEPARTMENT OF THE INTERIOR
BUREAU OF LAND MANAGEMENT
CLAIMANT
CLAIMANT
BOWER EDWARD J
CLAIMANT
S912 HALIFAX AVE LAS VEGAS, NV 89107-1463 BOWER FRANCES
5912 HALIFAX AVE LAS VEGAS, NV 89107-1463
BOWER WILLIAM D CLAIMANT
PO BOX 1317 SEARCHLIGHT, NV 89046-1317 DUNLAP JACK JR
2911 37TH AVE N SAINT PETERSBURG, FL 33713-1614 LAFFERTY LORI ANN CLAIMANT
4447 29TH AVE SW NAPLES, FL 34116-8207 NAY KIMBERLY C
310 2ND AVE NW RUSKIN, FL 33570-3936 NEWBY JOYCE CLAIMANT
6515 SEAVIEW BLVD HUDSON, FL 34667-1049 ROCCO JOHN M
CLAIMANT
HC 62 BOX 376 SEARCHLIGHT, NV 89046-9508 SMITH WESLEY
105 DOMINO DR N RUSKIN, FL 33570-5615
AGENT
CLAIMANT
NO WARRANTY IS MADE BY BLM FOR USE OF THE DATA FOR PURPOSES NOT INTENDED BY BLM
DEPARTMENT OF THE INTERIOR
BUREAU OF LAND MANAGEMENT
MINING CLAIMS
CLAIMANT
CLAIMANT
CLAIMANT
NO WARRANTY IS MADE BY BLM FOR USE OF THE DATA FOR PURPOSES NOT INTENDED BY BLM
Zivkovic Geophysical Investigations Yellow Jacket N143-101 Report
36
CHAIN OF CUSTODY - Client
Zivkovic Geophysical Investigations
Client: Texas Wyoming Driiling Client Project Name I Number / Site etc (ie report title);
Contact Person: Vladimir 8. Zivkovic Yellow Jacket
jf/tessy ary
Assay Report
Report for Date 10-23-13 Note: One assay ton equals 29.16 grams.
Each milligram of precious metals taken
Zivkovic Geophysical Investigations Attn: from an assay ton equals one troy ounce
Vladimir B. Zivkovic of precious metals per ton of ore. Your
2005 9th St. Ste.6 assay results are based on the sample
Greeley, CO. 80634 you supplied.
1 I
: YJ-1 29.16 g. 0.038 0.021 1
The results of this assay were based solely upon the content of the sample submitted. Any decision to invest
should be made only after the potential investment value of the claim or deposit has been determined based
on the results of assays of multiple samples of geologic materials collected by the prospective investor or by a
qualified person selected by him/her and based on an
evaluation of all engineering data which is available concerning any proposed project.
RayXSrimmer, Assayer
Note: Roasted all samples first. Sulfides
Ray Grimmer Lab Services Mineral Fire Assaying Tel. 775-751-6092
PO BOX #4755 raygrimmerlab@gmail.com
www.assayfast.com
Pahrump, NV 89041-4755
Assay Report
Report for Date 10-23-13 Note: One assay ton equals 29.16 grams. Each milligram of
precious metals taken from an assay ton equals one troy ounce
of precious metals per ton of ore. Your assay results are based
Zivkovic Geophysical Investigations Attn:
on the sample you supplied.
Vladimir B. Zivkovic
i ii
Ra rimmer, Assayer
The results of this assay were based solely upon the content of the sample submitted. Any decision to invest
should be made only after the potential investment value of the claim or deposit has been determined based
on the results of assays of multiple samples of geologic materials collected by the prospective investor or by
a qualified person selected by him/her and based on an evaluation of all engineering data which is available
concerning any proposed project.
SIGNATURE PAGE FOR THE NI 43-101 GEOLOGICAL REPORT
COMPLETED ON OCTOBER 26, 2022
This report is produced for the purpose of establishing a Proven & Probable Reserve.
This report has been completed by the qualified person, Dr. Abe Beagles and members of
and qualified assay labs around the US.