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Nevada Sunrise Announces Commencement of 2016 Drilling Program at Kinsley Mountain Gold Project, Nevada
Nevada Sunrise Announces Commencement of 2016 Drilling Program at Kinsley Mountain Gold Pr...
About this update from Nevada Sunrise Metals Corporation
[{"type":"text","content":"\n\n\n\nNevada Sunrise Announces Commencement of 2016 Drilling Program at Kinsley Mountain Gold Project, Nevada\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\nNevada Sunrise Announces Commencement of 2016 Drilling Program at Kinsley Mountain Gold Project, Nevada\nCanada NewsWire\nVANCOUVER, April 25, 2016\n\n\n\n\n\n\nTSX Venture Exchange: NEV\n\n\n\nVANCOUVER, April 25, 2016 /CNW/ - Nevada Sunrise Gold Corporation (\"Nevada Sunrise\" or the \"Company\") (TSXV: NEV) is pleased to announce that a four-hole drill program has commenced targeting high-grade gold mineralization at the Kinsley Mountain Gold Project (\"Kinsley Mountain\", or the \"Project\") in northeastern Nevada. Kinsley Mountain is a joint venture between Pilot Gold Inc. (\"Pilot Gold\") (TSX:PLG) and Nevada Sunrise, with Pilot Gold holding a 79.1 percent interest, and Nevada Sunrise, through a wholly-owned U.S. subsidiary, holding a 20.9 percent interest. \n\nNew drill targets were developed using 3-D modeling software, including the integration of recent and historical geological, geochemical and geophysical data as detailed below. As a result, a new high-priority target area, immediately southwest of the historic Main Pit and at a lower stratigraphic level, was identified and will be tested in four reverse circulation holes of approximately 425 metres each for a total of 1,700 metres. The drill program commenced April 21, 2016.\n\nThe 2016 Kinsley Mountain program and budget was increased by US$315,000 from US$460,000 for an amended total of US$765,000. If the 2016 drill program successfully intercepts high-grade sulphide mineralization, additional induced polarization (\"IP\") surveys and drilling along the Kinsley Trend may be undertaken.\n\nFor a map showing the 2016 target area, please access Nevada Sunrise’s website under “Exploration - Kinsley Mountain” at: http://www.nevadasunrise.ca/projects/kinsley-mountain/\n\nSecret Canyon Shale Target Area\n\nIn late 2013, Pilot Gold, as operator, discovered the Western Flank gold deposit within the Secret Canyon Shale Formation, previously unr...