Nv Gold Corp Stock Price, News & Analysis

NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) has appointed John Seaberg as its new Chief Executive Officer. Seaberg brings extensive experience from previous roles including CFO at Condor Gold plc and Senior VP at Calibre Mining. His background in finance and investor relations is expected to drive the company's exploration strategy in Nevada. Along with his CEO appointment, he also joins the Board of Directors, while John Watson remains as Chairman. Additionally, NV Gold has granted 3,100,000 stock options to directors and officers at C$0.10 per share.

NV Gold Corporation has reported positive results from its 2021-22 drilling program at the Slumber Project in Nevada, demonstrating significant widths of low-grade oxide gold mineralization. Key results include 112m at 0.26 gpt from hole SL-27 and 47m at 0.32 gpt from hole SL-25. The mineralized system remains open laterally and at depth, indicating the potential for higher grades. Despite current grades being sub-economic, there is optimism for finding better grades through further exploration.

NV Gold Corporation has launched a four-hole drilling program at the Discovery Bay Gold Project in Nevada, aiming for a potential Carlin-type gold system. The drilling will cover approximately 1500 - 1800 meters and is expected to be completed in about six weeks. This initiative seeks to explore an under-explored area, potentially rich in mineralization, near established gold districts like the McCoy Cove. The project aligns with NV Gold's strategy to develop a comprehensive model of its geological setting while confirming the presence of valuable host lithologies.

NV Gold Corporation (OTCQB:NVGLF) announced the completion of its reverse circulation drill program at the Slumber Project in Nevada. A total of twelve drill holes, approximately 2,350 meters, have been completed, with promising results indicating a low-grade bulk-tonnage oxide gold system. The mineralization is demonstrated over an extensive area, now confirmed to exceed half a kilometer. The company plans further drilling and has high expectations for discovering a million-plus ounce gold deposit. NV Gold remains debt-free with a strong exploration focus.

NV Gold Corporation has provided an update on its Slumber Gold Project in Humboldt County, Nevada. The ongoing drilling program has successfully completed ten reverse circulation drill holes, totaling approximately 2012 meters. Initial results show significant low-grade oxide gold mineralization over an area exceeding 800 by 300 meters, with thicknesses of 100-150 meters. The drilling has confirmed the presence of a significant oxide gold system that remains open in all directions. Encouraging results from cyanide solubility tests revealed recoveries over 95%.

NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF) has confirmed a correlation between a low-resistivity zone and potential gold mineralization at its Slumber Gold Project in Nevada. The Q4-2021 drilling program has completed five holes totaling approximately 900 meters, visually indicating strong alteration over a 500-meter extension. Initial analytical results are expected in January 2022. The company plans to expand geophysical coverage and initiate core drilling. NV Gold aims to explore multiple projects over the next 12-18 months, leveraging its position in the productive Nevada gold province.

NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF) has commenced drilling at the Slumber Gold Project in Humboldt County, Nevada. The initial phase will include up to 1,500 meters across 6-8 RC drill holes, focusing on a potential shallow oxide gold system identified in late 2020. This marks the third phase of drilling at Slumber, with the program expected to extend through Q4 2021 and perhaps into Q2 2022. CEO John Watson emphasizes the new exploration strategy targeting under-explored areas to enhance discovery potential.

NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF) announced the completion of 3 Notices of Intent (NOI) for drilling at its Slumber, Discovery Bay, and Pickhandle projects in Nevada. A 2D seismic survey was also completed at the SW Pipe Project. Upcoming plans include a drill program at Slumber starting later this month, a four-hole program at Discovery Bay in November, and a drilling program at Pickhandle in December. The company is focused on advancing multiple high-potential projects, aiming to deliver shareholder value over the next 18 months.