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Emgold Announces Initiation of an Airborne Magnetic-Radiometric Geophysics Survey at Its Koegel Rawhide Property, NV
VANCOUVER, BC / ACCESSWIRE / January 21, 2021 / Emgold Mining Corporation (TSXV:EMR)(OTC PINK...
About this update from Emergent Metals Corp
[{"type":"text","content":"Emgold Announces Initiation of an Airborne Magnetic-Radiometric Geophysics Survey at Its Koegel Rawhide Property, NVVANCOUVER, BC / ACCESSWIRE / January 21, 2021 / Emgold Mining Corporation (TSXV:EMR)(OTC PINK:EGMCF)(FRA:EMLM) (\"Emgold\" or the \"Company\") announces that it has contracted with Precision GeoSurveys Inc. to perform an airborne magnetic-radiometric survey at its Koegel Rawhide Property, NV (the \"Property\"). Plans are to conduct an 87 line-km survey, covering an area of about 3.9 square kilometers, consisting of the entire claim block of 36 unpatented claims.The goal of the survey is to apply modern geophysics to the Property with the goal of identifying gold and silver exploration targets. Once specific goal of the program is to better define a known exploration target called the T-10 Zone and an associated alteration zone identified by mapping and sampling that is about 6,000 feet long by 500 feet long (see below). Results from the survey are expected in first quarter 2021.About the Koegel Rawhide Property The Property is a volcanic-hosted, structurally controlled, epithermal gold-silver prospect in the Walker Lane gold belt of western Nevada. The Walker Lane is a regional shear zone and known gold trend that hosts large and small historic and currently operating gold-silver mines, including in the Comstock Lode, Tonopah District and Rawhide District. The Property is located approximately 45 miles southeast of Fallon, NV and is four miles south of the operating Rawhide Mine (aka Denton Rawhide Mine). The Rawhide Mine has produced 1.8 million ounces of gold and 14.9 million ounces of silver from 1990 through 2019.The Property's geology and mineralization are associated with lithologic units and structures of the Rawhide volcanic center, as well as structures from the Walker Lane and Basin and Range. Gold and silver mineralization is present at the Property based on historic randomly spaced surface sampling. A total of 464 samples were taken in geologically derived locations in the years 1991-1992. The results of the historic grab samples ranged from non-detectable to 2 ounces per ton gold, and from non-detectable to 11 ounces per ton silver. The methods and quality control from the historic sampling are unknown and cannot be verified to comply with NI 43-101 Standards of Disclosure for Mineral Projects (\"NI 43...