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Eminent Completes Final Celts Payment - Strengthens Strategic Position in Nevada
Eminent Completes Final Celts Payment - Strengthens Strategic Position in Nevada Canada...
About this update from Eminent Gold Corp.
[{"type":"text","content":"\n\n\n\n Eminent Completes Final Celts Payment - Strengthens Strategic Position 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 VANCOUVER, BC\n \n\n ,\n \n\n Aug. 25, 2025\n \n\n /CNW/ - Eminent Gold Corp. (TSXV: EMNT) (OTCQB: EMGDF) (FSE: 7AB) is pleased to announce it has made the final payment on its acquisition of the\n \n Celts Project\n \n , totaling 560 hectares within the prolific\n \n\n Walker Lane Trend\n \n\n of southwestern\n \n Nevada\n \n (see Figures 1 to 3). The project shares key geological features with the\n \n Silicon-Merlin\n \n 1\n \n\n hydrothermal system—including host lithology, alteration style, and structural setting—making it a compelling analogue in terms of exploration potential. The Silicon-Merlin system was originally identified and optioned by Orogen Royalties Inc. to AngloGold Ashanti and is now recognized as one of\n \n Nevada's\n \n most significant recent gold discoveries.\n \n\n Notably,\n \n\n Barrick Gold\n \n\n has recently staked ground adjacent to Celts (see Figure 4), further highlighting the strategic significance of the area. Finalizing ownership of the Celts Project aligns with Eminent's strategy to maintain majority ownership across its portfolio and positions the Company in a highly prospective region with analogues to world-class gold systems.\n \n\n This milestone follows Eminent's previously announced news releases dated\n \n December 12, 2024\n \n , and\n \n February 12, 2025\n \n , and underscores the Company's intent to aggressively advance the Celts Project—now recognized as a high-potential asset within its\n \n Nevada\n \n portfolio. With Celts joining\n \n Hot Springs Range\n \n (drilling to resume shortly) and\n \n\n Gilbert South\n \n\n , Eminent holds three 100%-owned, drill-ready projects across multiple prolific gold trends in\n \n Nevada\n \n . Celts is distinguished by its geological similarities to other high-sulfidation epithermal systems and is rapidly emerging as a priority target with near-term discovery potential. With increasin...