First Completed Hole Hot Springs Range Project

VANCOVUER - Eminent Gold Corp. reported on remaining core assays for its first complete hole (HSC002) at the Hot Springs Range Project in Nevada and to update progress on its current drill hole (HSC003). Eminent completed the first core hole HSC002 in its maiden drill program at the Otis target within the Hot Springs Range Project (HSRP). The objective of the drill hole was to look for geologic and geochemical indicators that HSRP is an analogue to the prolific Getchell Trend (50-million-ounce gold endowment1) 15 km across the Eden Valley. The hole encountered significant alteration in the form of silica and hematite replacement of volcanic rocks and limestone.

The results released prior only included select samples from HSC002 gold rush assays, such as the reported 2.9 meters (m) of 2.2 g/t gold (Au) and 2,107 ppm arsenic (As), starting at 272.8 m downhole. Now, all of the remaining assays have returned. Three significant new intercepts include: 1) 3.9 m of 2.4 g/t Au, including 0.5 m of 8 g/t Au and 807 ppm As, starting at 310.4 m. 2) 4.6 m of 1.4 g/t Au including 0.9 m of 4.4 g/t Au and 2,252 ppm As, starting at 347.1 m. 3) 1.4 m of 2.4 g/t Au and 724 ppm As, starting at 358.2 m.


Dan McCoy, Chief Geologist and Director, said, "We are very pleased with the gold and arsenic mineralization occurring over a 427-meter interval in our first completed hole, which was drilled parallel to a key target structure into a blind target. The four significant intercepts are a great validation for our model and suggest that we are in the unveiling of a strong gold-mineralizing system. The presence of strong arsenic mineralization provides evidence that we are exploring a Carlin-type system. Our second hole is also encountering some interesting alteration, as well as some major faults, which are supporting our geologic model."