Business
NUBIAN REPORTS THAT ATHENA GOLD INTERCEPTS FURTHER HIGH-GRADE OXIDE GOLD AT EXCELSIOR SPRINGS GOLD PROJECT IN NEVADA
NUBIAN REPORTS THAT ATHENA GOLD INTERCEPTS FURTHER HIGH-GRADE OXIDE GOLD AT EXCELSIOR SPRINGS GOL...
About this update from Carlton Precious Inc
[{"type":"text","content":"\n \n \n \n NUBIAN REPORTS THAT ATHENA GOLD INTERCEPTS FURTHER HIGH-GRADE OXIDE GOLD AT EXCELSIOR SPRINGS GOLD PROJECT IN NEVADA\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 \n TORONTO\n \n \n ,\n \n \n Jan. 16, 2023\n \n \n /CNW/ - Nubian Resources Ltd. (TSXV: NBR) (OTCQB: NBRFF) (\"Nubian\" or the \"Company\") is pleased to announce that Athena Gold Corporation (\"Athena\") has intersected further high-grade results from its follow-up drilling program at the Excelsior Springs Gold Project, located in\n \n Esmeralda County, Nevada\n \n (\"Excelsior Springs\"). Reported assay results include 6.05 g/t Au and 17.4 g/t Ag over 27.4 metres, including 10.2 g/t Au and 30.8 g/t Ag over 10.7 metres. These assay results follow up on the high grade drill hole intercept of DB23 reported in\n \n August 2022\n \n and confirm the discovery of a new high grade area at Excelsior Springs.\n \n \n \n \n \n \n \n \n \n Full results are available from Athena's news release at the following link:\n \n \n \n https://www.accesswire.com/734634/Athena-Gold-Confirms-and-Extends-Shallow-High-Grade-Oxide-Gold-Discovery-with-Multiple-Intercepts-Including-1002-Au-GT-Over-107-Meters-at-Its-Excelsior-Springs-Project-in-Nevada\n \n .\n \n \n Nubian became the largest shareholder of Athena by selling Excelsior Springs to Athena in 2021 for 50 million shares and a 1% Net Smelter return Royalty (NSR). Nubian continues to evaluate its options with regard to distribution of all or a portion of the shares it holds.\n \n \n \n QUALIFIED PERSON\n \n \n \n The technical information contained in this news release relating to Excelsior Springs has been reviewed and approved by Dr.\n \n Scott Jobin-Bevans\n \n (P.Geo.), a Director of Nubian, who is a Qualified Person under the definitions established by the National Instrument 43-101.\n \n \n \n ABOUT NUBIAN\n \n \n \n Nubian Resources Ltd. is a publicly traded precious and base metals exploration company listed on the TSX Venture Exchange. The Company is managed by a team of experienced mining and geological professi...