Soil Geochemistry Confirms Round Mountain Analogue Gold Target At Meadow Canyon Within Spanish Moon District

VANCOUVER - Eminent Gold Corp. reported that soil sampling results from orientation studies confirms the existence of a Round Mountain style - epithermal target at the Meadow Canyon area of the Spanish Moon property. The Meadow Canyon target area is largely covered by post mineral volcanic cover with the soil results containing both gold and associated pathfinder elements that are elevated several times above background values, demonstrating the potential for a large epithermal mineralized system under cover. The Company considers these limited initial test soil lines an important step in the development of a Round Mountain analogue and will expand the survey in conjunction with structural mapping to develop drill targets.

Paul Sun, President and CEO, said, "It is exciting to see a conceptual model come to fruition as a potential target by results, which again speaks to the strength of our technical team. These new results support the team's model of a potential epithermal system at the Meadow Canyon target. We are seeing the geochemical indications of a Round Mountain type mineral system at Spanish Moon that has never been explored. This is becoming a substantial gold exploration target and we are anxious to expand on these results with continued soil sampling and geophysical surveys.”

Eminent's technical team did not expect to find any gold in soils values above 10 ppb (background is 0.01 to 1 ppb) as a result of the post mineral cover at Meadow Canyon. Given that the soil survey returned multiple samples >10 ppb and up to 232 ppb so far, the technical team believes that there is the potential for a significant gold system underneath the volcanic cover. In addition, three out of five of the samples occurred immediately adjacent to one of the two targeted feeder faults suggesting where gold leakage from where potential gold mineralization would occur demonstrating the importance of structures to identifying a mineralized system.