Eminent Gold Corp Stock Price, News & Analysis

CEO.CA, a leading investor social network for junior resource and venture stocks, has featured an exclusive interview with Eminent Gold Corporation (EMGDF) CEO Paul Sun. The interview focuses on the company's exploration activities in Nevada's gold belt, where Eminent Gold has secured two high-potential projects. The company, which has backing from Kinross, is positioned as a notable player in the region's mining landscape for 2025.

The interview is part of CEO.CA's 'Inside the Boardroom' series, which provides coverage of companies shaping the mining industry's future. CEO.CA, a subsidiary of EarthLabs, Inc., serves millions of visitors annually as one of Canada's most popular financial websites and apps, known for its investor networking and mobile functionality.

Eminent Gold Corp (TSXV: EMNT) (OTCQB: EMGDF) has exercised its option to acquire 100% ownership of 168 optioned claims at the Hot Springs Range Project (HSRP) in Humboldt County, Nevada. The project now comprises 419 unpatented lode mining claims, covering approximately 3,500 hectares across Eden Valley.

The company fulfilled all obligations under the March 2020 Option Agreement with Milliard Geological Consulting, which included:

• USD $136,140 in cash payments
• 1,650,000 common shares issuance
• Final USD $1,500,000 payment (satisfied through 5,832,941 common shares)

The Optionor retains a 2% Net Smelter Royalty (NSR), which Eminent can purchase in 0.1% increments for USD $100,000 each, up to 1%. The final share issuance was made at CDN$0.3604 per share, with a hold period until August 12, 2025. The project shows geological similarities to the 50-million-ounce Getchell Trend, with first drill hole results supporting the company's exploration thesis.

Eminent Gold Corp (TSXV: EMNT) (OTCQB: EMGDF) has announced significant resistivity results from two Induced Polarization (IP) lines at its Celts project in Nevada. The survey revealed a large west-dipping fault beneath steam-heated cap rocks, showing structural similarities to the Silicon deposit, which hosts 3.40 million ounces of indicated and 800,000 ounces of inferred gold resources.

The geophysical results identified a fault with normal displacement under high-resistivity steam-heated cap rocks rich in silica. This structural configuration mirrors the Silicon deposit's characteristics, where mineralized fluids historically moved up similar faults above the paleo water table. The company plans to initiate permitting for drill roads and pads to test this geological model.

Eminent Gold Corp (TSXV: EMNT) (OTCQB: EMGDF) has initiated a test geophysical program at its Celts project in Nevada, consisting of two Induced Polarization (IP) lines. The company believes Celts is analogous to the Silicon discovery, which has 3.40 million ounces of indicated and 800,000 ounces of inferred gold resources.

The IP program, conducted by Zonge International from Reno, will cover the high-grade historical vein on the property's east side and potential precious metal mineralization under the steam-heated alteration cap. If significant chargeability-resistivity signals are detected, additional lines will be added to better define potential gold-bearing structures. This technique was successfully used by AngloGold Ashanti at Silicon to identify gold-bearing zones under similar conditions.

Eminent Gold Corp. (EMGDF) has completed the acquisition of the Celts Project in Nevada for US$400,000. The transaction includes an initial payment of US$30,000 in cash and 145,384 common shares valued at US$45,000. The remaining US$325,000 will be paid within six months either in cash or shares.

The company now holds 100% interest in the Celts Project through its subsidiary Hot Springs, subject to a 3% net smelter returns (NSR) royalty. The project is located approximately 100 km northwest of the Silicon multimillion-ounce mining complex. Eminent can reduce the NSR royalty by one-third (to 2%) for US$1,500,000.

The company plans to initiate a geophysical survey followed by a maiden drill program. Currently, drilling operations at Hot Springs Range have reached approximately 1,400 feet of an estimated 1,600-foot target in the second hole.

Eminent Gold Corp (TSXV: EMNT) (OTCQB: EMGDF) has announced significant gold assay results from its first completed drill hole (HSC002) at the Hot Springs Range Project in Nevada. The hole, located near the Getchell Trend, revealed multiple gold-bearing intercepts including:

- 3.9m of 2.4 g/t Au (including 0.5m of 8 g/t Au)
- 4.6m of 1.4 g/t Au (including 0.9m of 4.4 g/t Au)
- 1.4m of 2.4 g/t Au

The mineralization occurred over a 427-meter interval, with sixteen additional samples ranging from 0.1 g/t Au to 1.3 g/t Au. The presence of significant arsenic mineralization suggests a Carlin-type system. A second hole (HSC003) is currently in progress, showing significant alteration with pending assays.

Eminent Gold Corp (TSXV: EMNT) (OTCQB: EMGDF) has announced significant results from its first core hole (HSC002) at the Hot Springs Range Project in Nevada. The drill hole, targeting the Otis target, revealed notable gold-arsenic mineralization with the best intercept showing 2.9 meters of 2.2 g/t gold and 2,107 ppm arsenic, including 3.9 g/t Au over 0.91m starting at 272.8m downhole.

The project is being explored as a potential analogue to the prolific Getchell Trend, which has a 50-million-ounce gold endowment and is located 15 km across the Eden Valley. The company has already commenced its second drill hole (HSC003), which will target the intersection of NE faults with the NW Eden Valley fault and the thrust fault bounding the lower contact of the Home Ranch Terrane.

Currently, only select samples from the top 300 meters have been assayed, with results from the remaining 390 meters still pending. Several samples showed values above 100 ppb Au and/or 1,000 ppm As between 225m and 295m depth.

Eminent Gold Corp. (TSXV: EMNT) (OTCQB: EMGDF) announces its participation in the Vancouver Resource Investment Conference (VRIC) at Booth #118. The event will take place at the Vancouver Convention Centre West on January 19-20, 2025.

The VRIC 2025 will feature over 120 expert speakers, including economists, money managers, and investors. The conference will offer networking opportunities with more than 5,000 industry professionals and investors, along with exhibits showcasing innovations in the resource sector. Attendees will gain insights into commodities, precious metals, energy, and critical minerals trends.