49 Metals Ltd

49 Metals Limited is an Australia-based gold focused explorer company with three prospective projects in the Walker Lane trend of Nevada. The Company's projects include Gold Mountain, Sinter, and Buffalo Canyon. The Gold Mountain Project comprises a leasehold interest in over 64 patented lode mining claims and 97 unpatented lode mining claims. The project is classified as a low-sulphidation epithermal gold-silver system. Its mineralization covers over 40 square kilometers (km2) and displays a range of gold–silver styles, from disseminated to structurally controlled systems. The Sinter Project comprises 40 unpatented mining claims. The project is located in Esmeralda County, Nevada, 11.5 km southeast of the town of Gold Mountain and only four km south of the Gold Mountain Project. The Buffalo Canyon Project comprises 61 unpatented lode mining claims located in Nye County, Nevada, 35 km east of Gabbs, and 110 km north-northwest of Tonopah.