Drilling Has Commenced At The Bolo Gold-Silver Project

VANCOUVER, BC - New Placer Dome Gold Corp. reported that drilling at the Bolo gold-silver project has commenced with a 3,500m reverse circulation (RC) discovery drill program now underway. The Bolo drill program is focused on expansion of existing at surface, Carlin style, high-grade gold-silver oxide, mineralized zones. The Bolo Gold-Silver Project is located in the proven and prolific mining area of Nevada.

For 2020 New Placer Dome has planned an initial 12 high-priority RC drill holes at Bolo totaling approximately 3,500m targeting the Mine Fault and other mineralized structures that host the South Mine Fault, Uncle Sam, and Northern Extension mineralized gold zones.

Maximilian Sali, CEO and Founder said, "Our first order of business is to drill our high-priority deeper targets, below the 2019 new discovery of 12.2 meters of 3.32 g/t gold oxide at 188 meters depth. We also feel there is significant potential to connect the South Mine Fault zone with the Uncle Sam zone and show continuity across strike length."