Sagebrush Gold Provides Update On Relief Canyon
WALNUT CREEK, CA - Sagebrush Gold, Ltd. and Continental Resources Group, Inc. reported that Sagebrush Gold has successfully obtained the approval of BLM and the Nevada Division of Environmental Protection ("NDEP") to the transfer of permits to Gold Acquisition Corp, a wholly owned subsidiary of the Company, for activities at the Company's Relief Canyon Gold Project.The transferred permits include the BLM Plan of Operations and related bond, the NDEP Reclamation Permit, and the NDEP Water Pollution Control Permit.Additionally, BLM and NDEP have authorized exploration drilling to begin on approved sites in the Plan of Operations/Reclamation Permit.
The Relief Canyon Gold Project is in Packard Flat, which is located in the Antelope Springs mining district, Pershing County, 15 miles Northeast of Lovelock Nevada."While significant work has been completed by past operators, Sagebrush Gold believes that Relief Canyon provides the Company with dual opportunities consisting of excellent new exploration targets in under-explored areas of the property and drilling to increase and upgrade existing resources," said Sagebrush Chairman Barry Honig.The Company is currently planning an aggressive exploration program aimed at growing the current NI43-101 compliant gold resource at Relief Canyon. Barry Honig stated, "We are pleased to have these permits transferred to Sagebrush Gold and we are very excited about the prospect of drilling at Relief Canyon. We believe that we will be able to increase the number of ounces estimated in the ground and therefore add shareholder value in the near-term." The company's address is 1640 Terrace Way, Walnut Creek, CA 94597, 877-705-9357, email: [email protected].