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Emgold Identifies Multiple New Gold and Silver Exploration Targets at Its Golden Arrow Property, NV
VANCOUVER, BC / ACCESSWIRE / November 23, 2021 / Emgold Mining Corporation (TSXV:EMR) ( " Emg...
About this update from Emergent Metals Corp
[{"type":"text","content":"Emgold Identifies Multiple New Gold and Silver Exploration Targets at Its Golden Arrow Property, NVVANCOUVER, BC / ACCESSWIRE / November 23, 2021 / Emgold Mining Corporation (TSXV:EMR) (\"Emgold\" or the \"Company\") is pleased to provide the following exploration update for its advanced stage Golden Arrow Property, NV (\"Golden Arrow\" or the \"Property\"). The Company has identified 34 new gold and silver exploration targets for follow up, six of which are deemed high priority and 10 of which are deemed medium priority. Two of the high priority targets are in the vicinity of the known resource areas called Hidden Hill and Gold Coin. Four of the high priority targets are on new claims staked by the Company.Specifically, during late 2020 and 2021, Emgold completed:Staking of 137 additional unpatented mineral claims (\"2020 Claim Staking\") by Rangefront Mining Services, increasing the property size to 494 unpatented claims and 17 unpatented claims totaling approximately 10,000 acres;An airborne magnetic-radiometric survey (\"2020/21 Magnetics Survey\") contracted to Precision GeoSurveys Inc. over the new claim block area;An induced polarization and resistivity ground geophysical survey (\"2021 IP-Resistivity Survey\") contracted to Zonge International Inc. over the new claim block area;A three-dimensional geological model (\"2021 3D Geologic Model\") using Hexagon HxGN MinePlan 3D Software over the known resource area of the Property; andRe-processing and analysis of historic and recent geophysics work over the entire Property, conducted by Condor Consulting Inc. \"2021 Condor Geophysics Review\").David Watkinson, President and CEO of Emgold, stated, \"The purpose of the work was two-fold: The first goal was to expand our understanding of the current resource areas on the Property with the plan to eventually expand them through additional drilling; and the second goal was to identify new exploration targets on the Property where we hope to generate new resources through additional drilling in the future. Both these goals were met.\" Note that development of additional resources will be subject to exploration success and other factors.About the Golden Arrow PropertyGolden Arrow is an advanced stage gold and silver property located in the western flank of the Kawich Range, located 40 miles east of Tonopah in Nye County, Nevada. Th...