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Highway 50 Gold Corp. Expands Quito North Land Position and Advances Exploration at Nevada Projects
Vancouver, British Columbia--(Newsfile Corp. - October 20, 2025) - HIGHWAY 50 GOLD CORP. (TSXV: ...
About this update from Highway 50 Gold Corp.
[{"type":"text","content":"Highway 50 Gold Corp. Expands Quito North Land Position and Advances Exploration at Nevada ProjectsVancouver, British Columbia--(Newsfile Corp. - October 20, 2025) - HIGHWAY 50 GOLD CORP. (TSXV: HWY) (the \"Company\") is pleased to provide an update on its ongoing exploration activities at the Quito North and Gold Knob projects in north-central Nevada. Figures and MapsHigh-resolution project maps and figures are available at the following links:Figure 1 - Quito North and Gold Knob Location MapFigure 2 - Geological Comparison: Quito North vs Cortez DistrictFigure 3 - Tectonic Elements of North-Central NevadaFigure 4 - Gold Knob Project - Mineralized Zones Quito North Project An additional 93 claims have been staked at the Company's Quito North project to cover an area of known pathfinder and gold mineralization on surface within both Upper- and Lower-plate rocks. The new claims more than double the size of the existing tenure. The Quito Lower-plate window has had former high-grade gold production and shows strong similarities to the world-class Cortez Mining District (Figure 1).The orientation of mineralization within the recently acquired claims is N10°W, consistent with the dominant direction of mineralization at the majority of major Carlin-type gold districts in Nevada. The N10°W orientation records the direction of extension during the Carlin mineralizing event in north-central Nevada. A gravity survey has been commissioned with an imminent start date. Refer to Figure 2, which compares the geology of Quito North to Cortez. Gold Knob ProjectGold Knob is situated at the intersection of the Caetano Trough (east-west crustal structure present at Cortez) and the Western Nevada Rift (major crustal structure) - two major crustal structures also associated with mineralization in the Cortez District (Figure 3). The Company has recently completed four lines of biogeochemical sampling over the northern and southern extremities of the Wildhorse target area, 1.5 km south of Gold Knob, where previous shallow drilling outlined a small gold resource over a 1 km2 area under shallow pediment cover in Upper-plate rocks (Figure 4). Much of the project area exhibits shallow pediment cover, suggesting biogeochemical surveys could be successful in extending sub-cropping gold mineralization. Subsequent drilling will focus on connecti...