First Drill Results Show Thick High Grade Oxide Gold Intercepts

The preliminary drill outcomes from NevGold Corp.’s (NAU:TSX; NAUFF:OTC; 5E50:FSE) Limousine Butte mission spotlight the near-surface oxide gold nature of mineralization there.

Consultant assays embrace 1.3 grams per ton oxide gold (1.3 g/t oxide Au) over 44.4 meters (44.4m), together with 3.11 g/t oxide gold over 11.1m.

Mineralization stays open alongside strike and at depth. Thus, with its present 10,000-hole program, underway, NevGold is drill testing the boundaries of the mineralization, focusing first on the Resurrection Ridge and Cadillac Valley targets. Two rigs, one core and one reverse circulation rig, are actually lively.  

1) Doresa Banning compiled this text for Streetwise Stories LLC and gives companies to Streetwise Stories as an impartial contractor. She or members of her family personal securities of the next firms talked about within the article: None. She or members of her family are paid by the next firms talked about on this article: None.
2) The next firms talked about on this article are billboard sponsors of Streetwise Stories: NevGold Corp. Click on right here for essential disclosures about sponsor charges. 
3) Feedback and opinions expressed are these of the particular specialists and never of Streetwise Stories or its officers. The knowledge supplied above is for informational functions solely and isn’t a suggestion to purchase or promote any safety.
4) The article doesn’t represent funding recommendation. Every reader is inspired to seek the advice of along with his or her particular person monetary skilled and any motion a reader takes on account of info offered right here is his or her personal duty. By opening this web page, every reader accepts and agrees to Streetwise Stories’ phrases of use and full authorized disclaimer. This text isn’t a solicitation for funding. Streetwise Stories doesn’t render normal or particular funding recommendation and the data on Streetwise Stories shouldn’t be thought of a suggestion to purchase or promote any safety. Streetwise Stories doesn’t endorse or suggest the enterprise, merchandise, companies or securities of any firm talked about on Streetwise Stories.
5) Every now and then, Streetwise Stories LLC and its administrators, officers, staff or members of their households, in addition to individuals interviewed for articles and interviews on the positioning, could have a protracted or brief place in securities talked about. Administrators, officers, staff or members of their instant households are prohibited from making purchases and/or gross sales of these securities within the open market or in any other case from the time of the choice to publish an article till three enterprise days after the publication of the article. The foregoing prohibition doesn’t apply to articles that in substance solely restate beforehand revealed firm releases. As of the date of this text, officers and/or staff of Streetwise Stories LLC (together with members of their family) personal securities of NevGold Corp., an organization talked about on this article.



Leave a Reply

GIPHY App Key not set. Please check settings