Commencement Of Drilling On The Getchell Trend Analogue
VANCOUVER - Eminent Gold Corp. announced the commencement of its inaugural core drilling program at the Otis Target Area within its Hot Springs Range Project (HSRP), located in northern Humboldt County, Nevada. The initial phase of the program (“Phase 1”) is expected to consist of 1,000 meters using one drill rig targeting a potential parallel structure to the Getchell Trend which hosts the Turquoise Ridge and Twin Creeks deposits only 15 - 20 km southeast of HSRP.
Paul Sun, President and CEO, said, “The opportunity at Hot Springs is to find the other half or a parallel trend to the world-renowned gold trend in Nevada. We have worked diligently for the past few years developing strong geological concepts and have waited patiently for the opportune time of a strong gold market prior to commencing our first drill program in an effort to maximize returns for shareholders in the event that we are successful.
Eminent is in a great position with two premier gold opportunities in Nevada that offer world class discovery potential with different levels of risk and stage of development. The Company’s goal is to develop and consecutively drill a pipeline of high-quality major gold exploration projects in Nevada during the anticipated outperformance in the price of Gold.”