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Emgold Releases Positive Soil Sampling Results Defining Two New Exploration Targets At Its Golden Arrow Property, NV
VANCOUVER, BC / ACCESSWIRE / December 13, 2021 / Emgold Mining Corporation (TSX-V:EMR) ( " Em...
About this update from Emergent Metals Corp
[{"type":"text","content":"Emgold Releases Positive Soil Sampling Results Defining Two New Exploration Targets At Its Golden Arrow Property, NVVANCOUVER, BC / ACCESSWIRE / December 13, 2021 / Emgold Mining Corporation (TSX-V:EMR) (\"Emgold\" or the \"Company\") is pleased to report results of a soil sampling program at its Golden Arrow Property, NV (\"Golden Arrow\" or the \"Property\"). A total of 1,109 soil samples were collected from two areas located in the southern part of the Property. Based on the results of the sampling, two new exploration targets have been discovered. These targets have been named the Big Hope Prospect and Kawich Prospect. Current resource areas at Golden Arrow are named Gold Coin and Hidden Hill.David Watkinson, President and CEO of Emgold stated, \"Emgold is excited by the discovery of these two new target areas to the south of the Gold Coin and Hidden Hill. Golden Arrow currently has a measured and indicated mineral resource of approximately 300,000 gold equivalent ounces and the Company's goals are twofold: the first is to expand the Gold Coin and Hidden Hill mineral resources and the second is to develop additional mineral resources from new exploration targets. The discovery of the Big Hope and Kawich prospects is a successful first step in identifying potential new mineral resources at Golden Arrow, subject to exploration success\".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. The Property consists of 511 patented and unpatented mineral claims totaling about 10,000 acres in size. It is situated adjacent to the western side of the Kawich Caldera, a large volcanic caldera that is eight miles in diameter. Golden Arrow is a volcanic-hosted property and has four volcanic vents on or adjacent to the claims. Those volcanoes or vents were part of the Central Nevada volcanic field, which was active between 36 to 18.4 Ma.Golden Arrow has a comprehensive exploration database including geochemical sampling, geophysics, and over 201,000 feet of reverse circulation and diamond core drilling. To date, two main resource areas have been drilled on the Property focusing on bulk disseminated gold and silver mineralization - the Gold Coin and Hidden Hill deposits. Numerous other exploration tar...