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Nevada Sunrise Update on Kinsley Mountain Gold Project Drilling Program in Nevada
VANCOUVER, BC, Oct. 7, 2020 /CNW/ - Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSXV: NEV) is pleased to announce that its joint ventur
About this update from Nevada Sunrise Metals Corporation
[{"type":"text","content":" VANCOUVER, BC, Oct. 7, 2020 /CNW/ - Nevada Sunrise Gold Corporation (\"Nevada Sunrise\" or the \"Company\") (TSXV: NEV) is pleased to announce that its joint venture partner New Placer Dome Gold Corp. (\"New Placer Dome\", TSXV: NGLD) has provided an update on drilling progress at the Kinsley Mountain Gold Project (\"Kinsley Mountain\"), located near Wendover, Nevada, USA. Nevada Sunrise holds a 20.01% interest in Kinsley Mountain, with New Placer Dome, as operator, holding a 79.99% interest. As of October 1, 2020, New Placer Dome reports a total of 17 reverse circulation (\"RC\") drill holes totaling 6,767 metres (22,200 feet) and five diamond drill core holes totaling 2,217 metres (7,274 feet) have been completed at Kinsley Mountain. Over 2,500 samples from nine RC drill holes (KMR20-004 through KMR 20-009, and KMR20-015 through KMR20-017) totaling 4,824 metres of drilling have recently arrived at the ALS Geochemistry laboratory in North Vancouver, BC. These samples represent RC holes from the high-grade Western Flank Gold Zone and the Kinsley Northwest Fault Big Bend areas. About Kinsley Mountain Kinsley Mountain is a Carlin-style gold project hosting a N.I. 43-1010 compliant gold resource consisting of 418,000 indicated ounces of gold grading 2.63 grams/tonne (\"g/t\") gold (4.95 million tonnes), and 117,000 inferred ounces of gold averaging 1.51 g/t Au (2.44 million tonnes), at cut-off grades ranging from 0.2 to 2.0 g/t gold1. 1 Technical Report and updated estimate of mineral resources on the Kinsley Project, Elko County, Nevada, U.S.A., effective January 15, 2020 and prepared by Michael M. Gustin, Ph.D., CPG, Moira Smith, Ph.D., P.Geo. and Gary L. Simmons, MMSA under New Placer Dome Gold Corp.'s Issuer Profile on SEDAR (www.sedar.com). Robert M. Allender, Jr., CPG, RG, SME is the Company's designated Qualified Person for this news release within the meaning of National Instrument 43-101 and has reviewed and approved the technical information contained herein. About Nevada Sunrise Nevada Sunrise is a junior mineral exploration company with a strong technical team based in Vancouver, BC, Canada, that holds interests in gold, copper, cobalt and lithium exploration projects located in the State of Nevada, USA. The Company's key gold asset is a 20% interest in a joint venture with New Placer Dome Gold Corp. (...