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Emgold Expands Its Flagship Golden Arrow Property, NV
VANCOUVER, BC / ACCESSWIRE / January 12, 2021 / Emgold Mining Corporation (TSXV:EMR) ( " Emgo...
About this update from Emergent Metals Corp
[{"type":"text","content":"Emgold Expands Its Flagship Golden Arrow Property, NVVANCOUVER, BC / ACCESSWIRE / January 12, 2021 / Emgold Mining Corporation (TSXV:EMR) (\"Emgold\" or the \"Company\") is pleased to announce it has staked an additional 137 unpatented mining claims at its Golden Arrow Property, NV (the \"Property\"). This increases the Property size to 17 patented claims and 494 unpatented claims controlled by the Company, or about 10,000 acres (4,050 hectares) in total area. The new claims extend the current property to the south covering an area of historic mine workings.About the Golden Arrow Property The Property is located approximately 40 miles east of Tonopah in Nye County, Nevada. It is an advanced-stage exploration property with a comprehensive exploration database including geochemical sampling, geophysics, and over 201,000 feet of reverse circulation and diamond core drillingTo date, two main exploration targets have been drilled on the Property focusing on bulk disseminated mineralization - the Gold Coin and Hidden Hill deposits. Numerous other targets have been identified for exploration. Emgold's management believes there is potential to expand both the Hidden Hill and Gold Coin resources and for discovery of other bulk disseminated mineralization on the Property. In addition, historic underground mine workings lie along the Page Fault and other structures on the Property indicating potential for vein style mineralization that has been subject to limited modern exploration to evaluate its potential.A Technical Report, entitled \"Amended 2018 Updated Technical Report on the Golden Arrow Project, Nye County, Nevada, U.S.A.\" (the \"Technical Report\") was prepared by Mine Development Associates in Reno, Nevada, and has an effective date of August 28, 2018 and a report date of September 24, 2018. The Technical Report was prepared by qualified persons Steven Ristorcelli, CPG, Odin D. Christensen, PhD, CPG, and Jack S. McPartland, MMSA (collectively, the \"Authors\") and is available under Emgold's corporate filings on SEDAR at www.sedar.com.The Technical Report discloses a mineral resource, which particulars are set out in Table 1 below. The mineral resource was modeled for the Property and estimated by evaluating the drill data statistically and utilizing a three‐dimensional geological solid model. Mineral domains were interpr...