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Nevada Sunrise samples up to 1.81% cobalt, 3.05% nickel and 5.99% copper at Lovelock Cobalt Mine in Nevada and identifies deep geophysical target
VANCOUVER, Jan. 18, 2018 /CNW/ - Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSXV: NEV) is pleased to announce it has received the resu
About this update from Nevada Sunrise Metals Corporation
[{"type":"text","content":" VANCOUVER, Jan. 18, 2018 /CNW/ - Nevada Sunrise Gold Corporation (\"Nevada Sunrise\" or the \"Company\") (TSXV: NEV) is pleased to announce it has received the results of an initial geochemical rock sampling program and a reconnaissance geophysical survey at the historic Lovelock Cobalt Mine (the \"Lovelock Mine\", or the \"Property\"), located in Churchill and Pershing Counties, approximately 100 miles (150 kilometres) east of Reno, Nevada. Nevada Sunrise has an option to earn a 100% interest in the Lovelock Mine (see Nevada Sunrise news release dated December 29, 2017). Geochemical Sampling Nevada Sunrise carried out two site visits to the Lovelock Mine in November and December 2017 and collected representative grab rock samples of historical mine waste, and various bedrock samples at the Lovelock Mine and in the areas of other nearby historical adits. The analytical results of several of the rock samples show strong enrichment in cobalt, nickel and copper, and other metals, as shown in the highlights below: Sample No. Location Cobalt (%) Nickel (%) Copper (%) Zinc (%) Silver (g/t) Gold (g/t) LCoR-5 Lovelock Mine adit 1.81 3.05 0.65 0.03 32 0.01 LCoR-7 Lovelock Mine waste 0.41 0.22 4.91 0.10 48 trace LCoR-4 Lovelock Mine waste 0.21 1.64 5.99 0.04 68 0.52 LBP-06 Lovelock Mine waste 0.12 0.32 1.46 0.22 379 0.98 LBP-05 Lovelock Mine waste 0.10 0.35 trace 0.03 trace trace LCoR-6 Lovelock Mine waste 0.09 0.14 1.76 0.04 15 trace LL-004 Lovelock Mine waste 0.08 0.09 1.26 0.03 16 trace Geophysical Survey In December 2017, an initial 4.2 kilometre (2.6 miles) reconnaissance DC resistivity/induced polarization (\"DC-IP\") survey by SJ Geophysics of Delta, BC, consisting of stations spaced 25 to 50 metres (80-160 feet) apart on five lines was completed across the Lovelock Mine area. This DC-IP survey is projected to have a depth of investigation deeper than the mining to the 100-foot level reported in the 1880s. To view a 3-D figure of the survey results with proposed drill holes click here. The results of the survey not only detected the historic, near-surface mine workings and interpreted alteration (red areas on figure), but also show chargeability features (green areas on figure) related to structure and possible mineralization to a depth from surface of approximately 200 metres (656 feet). \"Our initial work at the ...