London BTC Company has staked a 2,190-acre gold-silver project in Nevada's Walker Lane trend, reporting rock chip assay results of up to 36.9 grams per tonne (g/t) gold and 1,332 g/t silver from surface samples at the Teep project in Esmeralda County.
The company, which acquires and explores early-stage precious metals projects in the United States, had its geological consultant Schiehallion Consulting collect 16 rock chip samples across historical workings in May 2026, with six samples exceeding 2 g/t gold and all returning meaningful silver grades.
The 106-claim project covers stockwork quartz-vein networks within a low-sulphidation epithermal system and sits between the historic Goldfield district, which produced approximately 3.9 million ounces of gold, and the Tonopah district, which yielded over 174 million ounces of silver historically.
Teep is London BTC's third Nevada project, alongside the previously announced Huntington-Whitman and Amonett-Frank assets in the north of the state.
Eleven high-priority vein targets have been identified across a 3.4-mile trend defined by seven shafts, three adits and 21 prospect pits, most dating to the 1930s before wartime closure halted activity in 1942.
"This new gold and silver project sits in the +40 million gold ounce corridor on the Walker Trend," Chairman David Lenigas, adding that field observations, confirmed quartz-vein structures "with the potential for real scale."
Forward work includes comprehensive rock-chip sampling, geological mapping and compilation of drill-ready targets, with further project staking in Nevada and Arizona actively progressing.