Acquisition Of The Getchell Trend Analogue-Hot Springs Range Project
VANCOUVER - Eminent Gold Corp. has exercised its option to acquire ownership of the 168 optioned claims that it does not already own on the Hot Springs Range Project (HSRP), located in Humboldt County, Nevada. This achievement represents a defining step forward in the Company's Nevada-focused gold exploration strategy, with HSRP reflecting strong geological parallels to the prolific 50-million-ounce Getchell Trend.
The Hot Springs Range Project in its entirety is comprised of 419 unpatented lode mining claims, covering approximately 3,500 hectares and approximately 15km across the Eden Valley. Eminent has fulfilled all of its obligations under the terms of the March 2020 Option Agreement with Milliard Geological Consulting.
Paul Sun, President and CEO, said, "The acquisition of full ownership of the Hot Springs Range Project represents a pivotal milestone in advancing its early success and unlocking the immense potential we see in this venture. With multiple geological features identified as analogous to deposits within the prolific, parallel Getchell Gold Trend, the project holds significant promise for discovering a new Carlin-style deposit. The results from the first drill hole have validated our thesis, and with the second drill hole pending, ongoing drilling continues to strengthen our confidence in this opportunity."