Ivanhoe Creek property, Ivanhoe Mining District, Elko County, Nevada

The Ivanhoe Creek property comprises two non-contiguous claim blocks - one block of 50 unpatented lode mining claims; and one block consisting of a single claim fraction - totaling 920 acres, located 48 miles northwest of Elko, Nevada.  Access is by paved Highways 225 and 226 for 46 miles, west on the graded dirt Midas-Tuscarora County Road for 36 miles and three miles southeast on the graded dirt Ivanhoe Mining District road.  The Property is in rolling, sagebrush-covered desert.  Climate is favorable for year-round mining, and all supplies and services needed for exploration and mining are available in the area.

The Ivanhoe Creek property is situated along the Northern Nevada Rift (“NNR”), a Miocene-age structural zone that hosts several current and past producing mines - the largest being Newmont’s Mule Canyon and Midas (Ken Snyder) mines.  The Great Basin Gold/Hecla Ivanhoe-Hollister deposit is currently in development immediately to the south of Ivanhoe Creek.

Exploration on the Ivanhoe Creek property has included surface prospecting, geochemical rock sampling, and geophysical surveys consisting of ground magnetics, gravity, and CSAMT.  The observed surface indications are similar to subtle features found above high-grade vein systems in the Ivanhoe and Midas districts, and additional exploration is warranted.

Geophysical surveys carried out on the Ivanhoe Creek property in 2004 indicate north-south oriented deep-seated horst/graben structures controlling both basement topography and alteration in overlying volcanic rocks.  Many volcanic-hosted gold deposits demonstrate spatial and/or genetic relationships to structural variations in the underlying basement.  Recent deep gold-silver discoveries at Ivanhoe-Hollister demonstrate that basement structures, as well as overlying volcanic rocks, can host significant gold deposits.

A C$600,000 drill program is underway (June 2007).  Work is being carried out by Senator Minerals as operator, with Kent Exploration having earned a 50% interest in the project through financing the work up to and including the first round of drilling. 

Senator has also recently staked three placer claims over the original lode claims to cover a potential bentonite deposit.