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Nevada Sunrise Metals Enters into Earn-in Option Agreement for the Fivemile Gold Project, Cortez Mining District, Nevada
Vancouver, British Columbia--(Newsfile Corp. - May 26, 2026) - Nevada Sunrise Metals Corporation (TSXV: NEV) (OTC Pink: NVSGF)("Nevada Sunrise" or the
About this update from Nevada Sunrise Metals Corporation
[{"type":"text","content":"\n \nVancouver, British Columbia--(Newsfile Corp. - May 26, 2026) - Nevada Sunrise Metals Corporation (TSXV: NEV) (OTC Pink: NVSGF)(\"Nevada Sunrise\" or the \"Company\") is pleased to announce an earn-in option agreement (the \"Agreement\") whereby the Company can earn up to a 79% working interest in the Fivemile Gold Project (\"Fivemile\", or the \"Property\"), located within the Battle Mountain-Eureka-Cortez gold trend in Lander County, Nevada. Fivemile consists of 266 unpatented mineral claims on Bureau of Land Management land totaling approximately 5,496 acres (2,224 ha) situated approximately 5 miles (8 kilometres) southwest of the Fourmile gold deposit owned 100% by Barrick Mining Corporation (\"Barrick\") and 4 miles (6.4 kilometres) south-southwest of the Cortez Hills mine operated by Nevada Gold Mines LLC (\"NGM\"), a joint venture between Barrick (61.5%) and Newmont Mining Corporation (38.5%).\nThe exploration targets at Fivemile are two-fold: epithermal gold/silver mineralization related to the Caetano Caldera, possibly superimposed on an earlier Carlin-type gold deposit(s), similar to the Fourmile, Goldrush and Cortez Hills deposits (Figure 1).\n\"Fivemile is an excellent greenfields exploration opportunity for Nevada Sunrise in one of the world's richest gold districts,\" said Warren Stanyer, President and CEO of the Company. \"The lessons learned from the 2015 discovery of the high-grade Fourmile deposit as it steadily developed to its current status as the premiere Nevada gold deposit, has galvanized a new exploration model for deeper and higher grade Carlin-type gold deposits. The hunt by several major and junior companies for another Fourmile-type deposit is on. Nevada Sunrise is eager to begin exploration at Fivemile, which contains favourable interpreted geological, geophysical and structural features similar to those observed at the Fourmile deposit - the greatest gold discovery made in Nevada in generations.\"\nFigure 1: Location of Fivemile Gold Project in the Cortez Trend \nAbout Fivemile\nThe majority of the Fivemile claims, staked in 2025 and 2026, cover an area of alluvium-covered shallow pediment, referred to by the Company as \"Fivemile Flats\" (see Figure 2), which has no outcrop, inhibiting previous surface exploration. The Fivemile gold exploration target was generated by reprocessi...