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Nubian Begins Maiden Drilling Program at Its Yandoit Gold Project, Victoria, Australia
Nubian Begins Maiden Drilling Program at Its Yandoit Gold Project, Victoria, Australia ...
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[{"type":"text","content":"\n \n \n \n Nubian Begins Maiden Drilling Program at Its Yandoit Gold Project, Victoria, Australia\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TORONTO\n \n ,\n \n June 8, 2021\n \n /CNW/ - Nubian Resources Ltd. (TSXV: NBR) (\"Nubian\" or the \"Company\") is pleased to announce the commencement of diamond drilling at its Yandoit Gold Project (the \"Project\") within the Central Victorian Goldfields, Australia.  This maiden drilling program will target seven locations within the Project area along a north south trending gold mineralized corridor defined by historical mine shafts and workings.  Targets have been defined by a combination of recent geophysical surveys, soil geochemistry and geological mapping alongside past mine production records.\n \n \n \n \n \n \n \n \n \n Drilling shall begin at the North Sardinia Prospect which consists of at least four major gold bearing reefs that were exploited and last mined around the 1860's.  Drilling is planned to test these reefs at depth and to expand on known gold mineralization in the area.  Mapping and sampling by Nubian has highlighted the prospectivity of\n \n North Sardinia\n \n , and revealed significant quantities of gold within sulphide that was not recoverable when mining previously occurred (see press release dated 29\n \n th\n \n \n April 2021\n \n ).\n \n \n \"This is very good news for Nubian and its shareholders and congratulations go to our very experienced geological team working at Yandoit.  The Yandoit Gold Project lies within the heart of the Central Victorian Goldfields, surrounded by multi-million-ounce gold producers like Bendigo, Ballarat and Fosterville.  We are testing numerous gold targets at our\n \n Sardinia\n \n and Golconda prospects, and look forward to advising shareholders of the drilling results over coming months,\" stated\n \n Martin Walter\n \n , Nubian's President and CEO.\n \n \n In other news, the Company announces the appointment of Venture North Capital Inc. of\n \n Toronto\n \n for investor relations s...