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Technical Reports
February 08, 2012
Red Elephant NI 43-101 Technical ReportNovember 30, 2011
Assessment Report on the Red Elephant PropertyGMR News and Reports
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Press Release - January 06, 2020
Private Mining Company FOR SALE with 40 Grams Per Tonne Gold and 95 Ounces Per Tonne Silver
Press Release December 09, 2019
Two Gold Mines Available
Press Release - November 21, 2019
World-Class Gold Mines Seeking Collective Merger or Acquisition for Cash and Stock
Press Release - November 05, 2019
Precious Metals Private Mining Company With Over 40 G/T Gold & 43-101 Is Seeking Merger Or Acquisition For Cash & Stock
Press Release - October 02, 2013
GMR Receives Acme Laboratory Results Averaging 22.6 Grams per Tonne Gold for Rock
Samples Recovered from Red Elephant Property
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North Fork and King Midas Gold and Silver Mineral Claims (Tenures 1024440 and 1024441)
GMR Global Mineral Resources Corp. has acquired 100% of mineral tenures 1024440 and 1024441, situated along the Zeballos River Valley in the Alberni Mining Division on Vancouver Island, British Columbia.Four of the six mineral claims; The North Fork, King Midas No. 1 Vein, King Midas Lynch, and Goldspring, have had previous exploration.
The two remaining mineral claims are the King Midas Contact and King Midas Copper. They are slated for future exploration.
GMR Global Mineral Resources Corp. purchased 100% of the 6 mineral claims that overlay the North Fork and King Midas Minfiles. (British Columbia Mineral Titles # 1024440 and 1024441)
North Fork
The North Fork occurrence is located north of the Zeballos gold camp, an area underlain by Lower Jurassic Bonanza Group basaltic to rhyolitic volcanic rocks. The Eocene Zeballos stock, a quartz diorite phase of the Catface Intrusions, is spatially related to gold- quartz veining in the area.The North Fork occurrence consists of a 2.5 to 14 centimetre lensy quartz vein that follows a 010 degree striking, vertically dipping 15 to 25 centimetres wide shear zone.
The vein has been traced over 100 metres and is thought to be an extension of the King Midas Trial vein.
King Midas Lynch
The King Midas Lynch is located in the Zeballos gold camp, in an area underlain by the Lower Jurassic Bonanza Group.The King Midas Lynch vein adit is located 50 metres from the mouth of Fault Creek. A 0.8 to 5.0 centimetre calcite vein, striking north and dipping vertically. Fifteen metres uphill, a silicified quartz-shear zone has been explored by several open cuts.
On the south bank of Fault Creek, a 7.5 to 15 centimetre shear zone striking 020 degrees and dipping 45 degrees south, contains banded quartz.
The Goldspring
The Goldspring occurrence is comprised of three veins which are hosted by porphyritic to amygdaloidal andesitic flows of the Upper Triassic Vancouver Group, Karmutsen Formation.The first vein lies in Fault Creek. It has been traced for 8 metres along a 303 degree strike. The vein dips 46 degrees north.
The second vein (the "Western vein") is at an elevation of 442 metres and 46 metres above Fault Creek. The shear zone containing the vein dips 70 degrees east and is 2.5 to 13 centimetres wide.
The third vein (the "Eastern Vein") has been explored by two audits from the 469 and 536 metre levels. The vein strikes 355 degrees and dips 90 to 55 degrees east and is 2.5 to 20 centimetres wide.
Gold has outperformed the Dow, NASDAQ, and S&P 500 over the past decade. With the price of gold soaring beyond records, now is the time to develop the King Midas mineral claims.