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Nevada Sunrise Reports Geophysical Surveys Continue to Identify New Drill Targets at Kinsley Mountain Gold Project, Nevada
Nevada Sunrise Reports Geophysical Surveys Continue to Identify New Drill Targets at Kins...
About this update from Nevada Sunrise Metals Corporation
[{"type":"text","content":"\n \n \n \n Nevada Sunrise Reports Geophysical Surveys Continue to Identify New Drill Targets at Kinsley Mountain Gold Project, Nevada\n \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.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TSXV: NEV\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n Nov. 23, 2021\n \n /CNW/ -\n \n \n Nevada Sunrise Gold Corp. (\"Nevada Sunrise\",\n \n \n \n or the \"\n \n Company\n \n \") (TSXV: NEV) is pleased to announce that its joint venture partner, New Placer Dome Gold Corp. (\"New Placer Dome\") (TSXV: NGLD) has completed the first half of the 2021 induced polarization (IP)/resistivity geophysical surveys currently underway at the Kinsley Mountain Gold Project (\"Kinsley Mountain\") in\n \n Nevada\n \n .\n \n \n Nevada Sunrise\n \n \n holds a 20.01% interest in the Kinsley Mountain joint venture\n \n \n , with\n \n \n New Placer Dome, as operator, holding a 79.99% interest.\n \n \n \n \n The first phase of the 2021 IP/resistivity geophysical surveys infilled the area between the Western Flank Zone (\"WFZ\") and Shale Saddle 2020 survey grids. There is a correlation between enhanced chargeability and drill-confirmed high-grade gold sulphide mineralization at the WFZ. At Shale Saddle, anomalous gold values were discovered on the periphery of a 500 by 250 metre untested chargeability anomaly.\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Seven lines, totaling 30 line-kilometres, were completed during the first phase of surveying, extending the existing 2020 Shale Saddle grid north to connect and overlap with the south end of the WFZ grid (see Figure 1). Chargeability anomalies were detected on all lines, coincident with modelled Secret Canyon shale rocks, the main host of high-grade sulphide gold mineralization at the WFZ and Secret Spot. Drilling in 2020 by the Kinsley Mountain joint venture yielded high-grade gold sulphide intercepts from the Secret Canyon shale including:\n \n 10.2 g/t gold (Au) over 6.1 metres\n \n within a broader zone averaging\n \n 2.63 g/t Au over 38.1 metres\n...