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Nevada Sunrise Begins Geochemical Survey at Coronado VMS Project in Nevada
VANCOUVER, BC, Aug. 6, 2020 /CNW/ - Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSXV: NEV) is pleased to announce that a geochemical sa
About this update from Nevada Sunrise Metals Corporation
[{"type":"text","content":" VANCOUVER, BC, Aug. 6, 2020 /CNW/ - Nevada Sunrise Gold Corporation (\"Nevada Sunrise\" or the \"Company\") (TSXV: NEV) is pleased to announce that a geochemical sampling program is underway at the Coronado VMS property (\"Coronado\", or the \"Project\"), located in the Tobin and Sonoma Range of Pershing County, Nevada, approximately 48 kilometers (30 miles) southeast of Winnemucca. Coronado is located on a geological trend that includes the past-producing Big Mike open pit mine, where high-grade copper was discovered in the 1960s resulting in copper production into the 1970s. Nevada Sunrise plans to collect approximately 160 soil samples from a grid established across the surface trace of the Coronado South conductor, a strong airborne electromagnetic (\"EM\") anomaly detected by the Company's helicopter-borne geophysical survey commissioned in 2018 (see Nevada Sunrise news release dated September 26, 2018). Samples will be submitted to Activation Laboratories Ltd. in Ancaster, Ontario for Spatiotemporal Geochemical Hydrocarbons (\"SGH\") analysis. This initial soil survey program represents the Company's first test of the SGH process, which has been reported to detect buried sulphide mineralization at depths up to 500 metres. Results from the survey will be integrated into the Coronado target matrix for a future drilling program. A map of the 2020 geochemical sampling program, and additional maps and photos of the Company's previous work at Coronado can be viewed at: http://www.nevadasunrise.ca/projects/coronado-vms-project/ About Coronado Coronado currently consists of 133 located unpatented claims totaling approximately 2,748 acres (1,113 hectares) located over an interpreted trend adjacent to the historic Big Mike open pit copper mine that lies within the Middle Pennsylvanian to Late Permian-age Havallah volcanic-sedimentary sequence. The Company's land position controls an important seven mile-long (11.3 kilometres) regional trend along which several volcanogenic massive sulphide (\"VMS\") showings, one high-grade copper deposit (Big Mike mine) and at least two high priority airborne Versatile Time Domain Electromagnetic (\"VTEMTM\") anomalies have been identified within the Early Pennsylvanian – early Late Permian Pumpernickel Formation of the Havallah sequence. The Havallah sequence in general...