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Nevada Sunrise Samples 1.98% Cobalt at Lovelock Cobalt Mine and 41.56% Copper at Treasure Box in Nevada
VANCOUVER, March 22, 2018 /CNW/ - Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSXV: NEV) is pleased to announce exploration results fro
About this update from Nevada Sunrise Metals Corporation
[{"type":"text","content":"VANCOUVER, March 22, 2018 /CNW/ - Nevada Sunrise Gold Corporation (\"Nevada Sunrise\" or the \"Company\") (TSXV: NEV) is pleased to announce exploration results from surface sampling at the historic Lovelock Cobalt Mine (the \"Lovelock Mine\"), and the Treasure Box and Boyer Mine copper properties (the \"Treasure Box\"), located in the Stillwater Range of Churchill County, approximately 100 miles (150 kilometers) east of Reno, Nevada. Nevada Sunrise has the right to purchase a 100% interests in each of the Lovelock Mine, Treasure Box and the Boyer Mine properties, subject to underlying royalties (see Nevada Sunrise news releases dated December 29, 2017 and March 5, 2018). \"Surface sampling at our Stillwater Range properties continues to impress,\" said Warren Stanyer, President and CEO of Nevada Sunrise. \"We have applied to the Bureau of Land Management for a 6-hole drilling permit at the Lovelock Mine and are preparing applications for drilling at the Treasure Box.\" 2018 Geochemical Sampling at Lovelock Cobalt Mine and the Treasure Box During a staking program at the Treasure Box in February 2018, Nevada Sunrise collected grab rock samples at both the Lovelock Cobalt Mine and at the Treasure Box, located approximately 3.6 miles (5.8 kilometres) apart in the northeastern Stillwater Range. The grab samples were taken from historical mine waste, trenches and other bedrock occurrences. Both sets of samples show strong enrichment in cobalt, nickel, copper and silver in certain samples. Three of the eight Lovelock Mine samples exceeded 1,500 parts per million cobalt, and ten of the thirteen Treasure Box samples exceeded 1.0% copper. Analytical highlights are shown below in Table 1 and 2: Table 1. Lovelock Mine Sample No. Location Cobalt (%) Nickel (%) Copper (%) Silver (g/t) LCR-670b Lovelock Mine waste 1.98 3.12 0.22 4.79 LCR-670a Lovelock Mine waste 0.16 0.40 2.06 29.69 LCR-670c Lovelock Mine waste 0.28 0.65 0.58 1.94 Treasure Box and Boyer Mine grab samples were collected at locations along a mineralized trend that extends at least 1.6 miles (2.6 kilometres) across the central part of the claims block. These results confirm the existence of widespread enriched copper-silver mineralization as previously reported by DeMatties (2017). Table 2. Treasure Box Sample No. Location Copper (%) Gold (g/t) Sil...