NV Gold Announces Drill Program at the Slumber Gold Project in Nevada
NV Gold Corporation (NVGLF) has announced the commencement of a 4,000-foot Reverse Circulation Drill Program at its wholly-owned Slumber Gold Project in Nevada. The drilling program will consist of 7 holes, each ranging from 500-700 feet in depth, targeting new areas identified through previous geophysical and sampling programs. The project is strategically located 50 miles northwest of Winnemucca and 21.7 miles west of the Sleeper gold deposit in Humboldt County. New Frontier Drilling from Fallon, Nevada, will execute the program, scheduled to begin in June 2025 with an expected duration of 2-3 weeks.
NV Gold Corporation (NVGLF) ha annunciato l'inizio di un programma di perforazione a circolazione inversa di 4.000 piedi presso il suo progetto Slumber Gold, di proprietà totale, situato in Nevada. Il programma di perforazione prevede 7 fori, ciascuno con una profondità compresa tra 500 e 700 piedi, mirati a nuove aree individuate tramite precedenti programmi geofisici e di campionamento. Il progetto si trova strategicamente a 50 miglia a nord-ovest di Winnemucca e a 21,7 miglia a ovest del giacimento aurifero Sleeper nella contea di Humboldt. La società New Frontier Drilling di Fallon, Nevada, eseguirà il programma, che inizierà a giugno 2025 e avrà una durata prevista di 2-3 settimane.
NV Gold Corporation (NVGLF) ha anunciado el inicio de un programa de perforación por circulación inversa de 4,000 pies en su proyecto Slumber Gold, de propiedad total, ubicado en Nevada. El programa de perforación constará de 7 pozos, cada uno con una profundidad de entre 500 y 700 pies, enfocados en nuevas áreas identificadas mediante programas previos de geofísica y muestreo. El proyecto está estratégicamente situado a 50 millas al noroeste de Winnemucca y a 21.7 millas al oeste del depósito de oro Sleeper en el condado de Humboldt. New Frontier Drilling, de Fallon, Nevada, llevará a cabo el programa, que comenzará en junio de 2025 y tendrá una duración estimada de 2 a 3 semanas.
NV Gold Corporation (NVGLF)는 네바다에 위치한 전액 출자 Slumber Gold 프로젝트에서 4,000피트 역순환 시추 프로그램을 시작한다고 발표했습니다. 이번 시추 프로그램은 7개의 구멍으로 구성되며, 각 구멍은 500~700피트 깊이로 이전 지구물리 및 샘플링 프로그램을 통해 확인된 새로운 지역을 목표로 합니다. 이 프로젝트는 험볼트 카운티의 위너무카에서 북서쪽으로 50마일, Sleeper 금광에서 서쪽으로 21.7마일 떨어진 전략적 위치에 있습니다. 네바다 폴런에 위치한 New Frontier Drilling이 프로그램을 수행하며, 2025년 6월에 시작되어 약 2~3주간 진행될 예정입니다.
NV Gold Corporation (NVGLF) a annoncé le lancement d'un programme de forage en circulation inversée de 4 000 pieds sur son projet Slumber Gold, entièrement détenu, situé au Nevada. Le programme de forage comprendra 7 trous, chacun d'une profondeur comprise entre 500 et 700 pieds, ciblant de nouvelles zones identifiées grâce à des programmes géophysiques et d'échantillonnage antérieurs. Le projet est stratégiquement situé à 50 miles au nord-ouest de Winnemucca et à 21,7 miles à l'ouest du gisement aurifère de Sleeper dans le comté de Humboldt. La société New Frontier Drilling, basée à Fallon, Nevada, exécutera le programme, qui doit débuter en juin 2025 pour une durée prévue de 2 à 3 semaines.
NV Gold Corporation (NVGLF) hat den Beginn eines 4.000 Fuß Reverse-Circulation-Bohrprogramms auf ihrem vollständig im Besitz befindlichen Slumber Gold-Projekt in Nevada bekannt gegeben. Das Bohrprogramm umfasst 7 Bohrlöcher, die jeweils eine Tiefe von 500 bis 700 Fuß erreichen und sich auf neue Gebiete konzentrieren, die durch vorherige geophysikalische und Probenahmeprogramme identifiziert wurden. Das Projekt befindet sich strategisch 50 Meilen nordwestlich von Winnemucca und 21,7 Meilen westlich der Sleeper-Goldlagerstätte im Humboldt County. New Frontier Drilling aus Fallon, Nevada, wird das Programm durchführen, das im Juni 2025 beginnt und voraussichtlich 2-3 Wochen dauern wird.
- Company owns 100% of the Slumber Gold Project
- Strategic location near the significant Sleeper gold deposit
- Comprehensive drilling program with 7 holes planned
- New targets identified through previous geophysical and sampling work
- Relatively small drilling program at 4,000 feet total
- Results won't be available for several weeks after completion
VANCOUVER, BC / ACCESS Newswire / May 29, 2025 / NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) ("NV Gold" or the "Company"), is pleased to announce the initiation of a 4,000-foot Reverse Circulation Drill Program at its
New Frontier Drilling, based in Fallon, Nevada, is being retained to carry out a 4,000-foot Reverse Circulation drill program comprised of 7 holes ranging in depth from 500 - 700 feet from surface. Targets for these drill holes have been designed to test new targets derived from previous geophysical, and sampling programs. Drilling is scheduled to begin during the second week of June and is expected to last 2-3 weeks.
About the Slumber Gold Project
The Property, comprising 85 lode mining claims, is also situated in proximity to Integra Resource's Florida Canyon low-grade gold operation. Slumber is volcanic-hosted epithermal gold (and low silver) mineralization found in a structural corridor along the southern Jackson Mountains. It is interpreted as graben-like structures controlling silicification and minor quartz veining in volcanic and sedimentary rocks. The main host rocks are of rhyolitic composition (Trf, Trx & Tra) underlain by fresh to weakly altered Paleozoic Greenstone. Most of the gold mineralization occurs in a well oxidized, hematite breccia (Trf) and the underlying silicified lithic tuff zone (Trx), gold values can increase when intercepted by quartz veining. It is important to know that drilling has also encountered displaced decalcified, gold-bearing carbonate rock in low-angle structures, which suggests additional targets within the area.
John R. Kerr, P.Eng., a director of the Company, is a Qualified Person within the meaning of National Instrument 43-101 and has reviewed and approved the technical information contained in this news release.
About NV Gold Corporation
NV Gold Corporation is a well-organized exploration company with 15.2 million shares issued and outstanding. NV Gold has 21 exploration projects in Nevada comprising 639
Leveraging its expansive property portfolio, its highly experienced in-house technical team, and its extensive geological data library, 2025 promises to be highly productive for NV Gold.
On behalf of the Board of Directors,
John Watson, President, Chairman, CEO and Director
For further information, visit the Company's website at www.nvgoldcorp.com or contact
Freeform Communications at 604.245.0054
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accept responsibility for the adequacy or accuracy of this release.
Cautionary Statements Regarding Forward-Looking Information
"Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including statements regarding the start date of the drilling program, exploration targets, possible exploration results, and management's outlook on the Company's operations in 2025. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connation thereof.
Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company's planned exploration activities will be carried out as currently anticipated and that the Company's operations will be productive in 2025. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.
There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include the risk that the Company will not be able to carry out its drilling program on the anticipated timing or at all, risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.
The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.
SOURCE: NV Gold Corporation
View the original press release on ACCESS Newswire
FAQ
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