Dawson comprises 57 unpatented lode claims, eight patented lode claims and two patented placer claims over about 505 hectares. Zephyr owns or leases the relevant interests for 100% control and has surface rights supporting its development concept, subject to sliding-scale royalties on part of the tenure. The Dawson and Windy Gulch zones host NI 43-101 resources, while Sentinel, Copper King and Windy Point are exploration targets. The 2017 PEA modeled a five-year underground mine at the Dawson zone, but construction requires a revised Colorado mining permit, a county conditional-use permit and financing.
- Country
- United States
- Commodity
- Au
- Stage
- PEA