Video - CEO Clips: Eminent Gold: Nevada Discovery Strategy Targets Untapped Carlin-Style Gold

Rhea-AI Summary

Eminent Gold (OTCQB: EMGDF / TSXV: EMNT) plans Phase 2 drilling at its Hot Springs Range project, Nevada, after initial drilling intersected gold in all four holes. Work is defining a new 10-km Carlin-style trend parallel to the Getchell Trend, with gold-in-soil anomalies at both corridor ends. The company highlights a tightly held share structure and a Nevada technical team with prior experience, including a 5-million-ounce gold discovery, as it accelerates follow-up exploration.

Positive

• New 10-km Carlin-style trend defined parallel to Getchell Trend
• All four initial drill holes intersected gold mineralization
• Tightly held share structure potentially limits public dilution
• Nevada technical team with prior 5-million-ounce discovery experience

Negative

• No maiden resource or tonnage disclosed yet for Hot Springs Range
• Phase 2 drilling is planned but results remain uncertain and pending
• No financing or capex details provided for accelerated follow-up work

News Market Reaction – EMGDF

-6.66%

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-6.66% News Effect

On the day this news was published, EMGDF declined 6.66%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, British Columbia--(Newsfile Corp. - March 18, 2026) - Eminent Gold Corp. (TSXV: EMNT) (OTCQB: EMGDF) (FSE: 7AB) is planning to begin Phase 2 drilling at its Hot Springs Range project in Nevada, a previously undrilled property where the Company intersected gold mineralization in all four of its initial drill holes. The work is defining a new 10-km Carlin-style trend parallel to the Getchell Trend, supported by gold-in-soil anomalies at both ends of the corridor. Eminent maintains a tightly held share structure and is supported by a Nevada-based technical team with a track record including a 5-million-ounce gold discovery and global exploration experience as it accelerates follow-up work.

Eminent Gold (TSXV: EMNT) (OTCQB: EMGDF)

https://eminentgoldcorp.com/

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288969

FAQ

What did Eminent Gold (EMGDF) announce about Phase 2 drilling at Hot Springs Range on March 18, 2026?

They announced a planned Phase 2 drilling campaign to follow up initial results. According to the company, Phase 2 targets a newly defined 10-km Carlin-style trend after four holes intersected gold.

How significant is the 10-km Carlin-style trend reported by Eminent Gold (EMGDF)?

The 10-km trend suggests a large exploration corridor with Carlin-style potential. According to the company, gold-in-soil anomalies bookend the corridor, supporting follow-up drilling along the trend.

What do initial drill results mean for Eminent Gold (EMGDF) investors?

Initial results show gold in all four first holes, indicating exploration upside. According to the company, these early intersections justify accelerated Phase 2 drilling to test the corridor continuity.

Does Eminent Gold (EMGDF) have a resource estimate for Hot Springs Range now?

No, there is no maiden resource estimate yet for Hot Springs Range. According to the company, the project is still in early-stage drilling with Phase 2 planned to provide more data.

What experience does the Eminent Gold (EMGDF) technical team bring to the Nevada program?

The Nevada-based technical team has prior global exploration experience and a 5-million-ounce discovery record. According to the company, that track record supports accelerated follow-up at Hot Springs Range.