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Nevada Sunrise announces drilling program at the Coronado VMS property
VANCOUVER, Nov. 8, 2018 /CNW/ - Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSXV: NEV) is pleased to announce that a drilling permit ha
About this update from Nevada Sunrise Metals Corporation
[{"type":"text","content":" VANCOUVER, Nov. 8, 2018 /CNW/ - Nevada Sunrise Gold Corporation (\"Nevada Sunrise\" or the \"Company\") (TSXV: NEV) is pleased to announce that a drilling permit has been received from the U.S. Bureau of Land Management (the \"BLM\") for the Coronado VMS property (\"Coronado\", or the \"Project\"), located in the Tobin and Sonoma Range of Pershing County, Nevada, approximately 30 miles (48 kilometers) southeast of Winnemucca. In July 2018, Nevada Sunrise pioneered the use of a Versatile Time Domain Electromagnetic (VTEM™) helicopter-borne survey at Coronado, which is a leading-edge airborne survey method developed by Geotech Ltd. of Aurora, Ontario, Canada. Interpretation of the survey results has outlined the presence of several strong electromagnetic (\"EM\") anomalies that display the geophysical hallmarks of volcanogenic massive sulphide (\"VMS\") deposits located along trend to the historic, past-producing Big Mike copper mine (\"Big Mike\"). Primary drill targets at the Coronado North and South anomalies were developed from the integration of the VTEM™ results with geological observations and geochemical data obtained from a site visit carried out in September 2018. 2018 Diamond Drilling Program The BLM has approved nine drill hole locations at Coronado, where each location can host multiple holes. The drilling plan for the Coronado South anomaly calls for up to six holes totaling 5,225 feet (1,608 metres), and at the Coronado North anomaly an additional six holes are planned, totaling 4,750 feet (1,462 metres). Nevada Sunrise has engaged Idea Drilling of Virginia, MN for a preliminary test consisting of three diamond drill holes totaling approximately 2,500 feet, and the program is expected to commence in the first week of December 2018. A map of the proposed drill holes can be viewed at: Click Here \"Our drilling program at Coronado is imminent, and a successful test would provide a considerable benefit to our Company and its shareholders,\" said Warren Stanyer, President and CEO of the Company. \"Nevada Sunrise has received a rare opportunity because of the lack of modern mineral exploration in the area.\" About the Coronado North and South targets Ground geological investigations carried out by Nevada Sunrise at Coronado in September 2018 within the areas of the best VTEM™ conductive anomalies confirmed the pres...