Mr. Wade Johnston reports:
Privately-owned prospect generator Hightest Resources LLC recently closed a transaction to acquire 100% ownership of the Iron Butte gold project on the Battle Mountain Trend in Lander County, Nevada. This pushes the company's inventory of non-compliant resources to one million ounces of gold between two properties. Hightest is now seeking to farm-out these and all of its available properties to a well-funded company capable of advancing them toward discovery. The available portfolio currently comprises eight precious metals projects and one copper-gold project in the Great Basin and one available uranium project in the Four Corners area. This doesn't include Hightest's properties and royalties currently in agreements.
RENO, NEVADA / ACCESS Newswire / September 9, 2025 / Hightest Resources
Iron Butte (gold) Located near the Cortez District on the Battle Mountain-Eureka Trend in Nevada. The latest resource calculation was in 2010 and totaled 606,186 Oz Au at an average grade of 0.617 g/t Au 1. This resource represents a historic estimate by NI43-101 standards. Over half of those ounces are in oxide material, and the oxide is slightly higher grade, at 0.664 g/t Au. The gold in the oxide material is highly leachable, with cyanide tests yielding 95-100% gold recoveries. Silver content was not included in that resource calculation but prior calculations indicate the presence of over 10 Moz silver 13. The deposit and, importantly, the higher-grade > 0.5 g/t Au portion of the deposit, occur at surface and near surface. The project has 215 historic drillholes. Hightest has all of the historic data.
Gold mineralization is hosted by Late Paleozoic sedimentary rocks and Tertiary rhyolite. During the Sonoma Orogeny, this sedimentary sequence was transported into place by the Golconda Thrust Fault, a tectonic/structural feature closely associated with many gold deposits in Nevada and occurring at a shallow depth here 2 . Another major structural feature is the property's location near the ring-fractured margin of the Caetano Caldera, in a similar position to the Cortez District which is located nearby on the east side of the Shoshone Range and has a total gold endowment of ~65 million ounces.
Highlight intercepts at Iron Butte include 1,7 :
