Business
GoldRidge Arizona Update
GoldRidge Arizona Update.
About this update from Atlas Metals Group Plc
[{"type":"text","content":"\n\n \n4 May 2023\n MetalNRG plc\n \n GoldRidge Arizona update \n \nMetalNRG plc (\"MetalNRG\" or the \"Company\") announces that its consultants, Burges Mining Consultants, will be on site for the Phase 2 geochemical campaign at its Gold Ridge Gold mine property in Arizona, following the very encouraging results from phase 1 that paved a pathway to further exploration work which is now progressing.\nThe results from phase 1 showed the largest gold anomalies were found in historical areas mined for gold; however, a secondary zone of gold anomalies was found in an area previously unexplored and a new linear zone of gold mineralization was delineated in the Southern Precambrian block. The Company will now complete further Soil Geochemistry sampling on the remaining untested areas.\nThe Company's strategy, following results from phase 1 which confirmed MetalNRG's belief that there is a real possibility of a larger un-discovered gold/base metal system at Gold Ridge; is to more fully understand the interconnectivity of the geological system which is likely to control the previously producing gold mines in the area and progress work towards a drilling program.\nHighlights from phase 1 include:\n· Soil Geochemistry provi...