Business
NV Gold Corporation Announces Intended Plans for its 2022-2023 Exploration Program and the Commencement of Drilling at its Sandy Project
VANCOUVER, BC / ACCESSWIRE / September 8, 2022 / NV Gold Corporation (TSXV:NVX) (OTC PINK:...
About this update from Nv Gold Corporation
[{"type":"text","content":"NV Gold Corporation Announces Intended Plans for its 2022-2023 Exploration Program and the Commencement of Drilling at its Sandy ProjectVANCOUVER, BC / ACCESSWIRE / September 8, 2022 / NV Gold Corporation (TSXV:NVX) (OTC PINK:NVGLF) (\"NV Gold\" or the \"Company\") is pleased to announce its intended plans for the 2022-2023 exploration and drilling program for its six highest priority projects in Nevada. The Company has secured a drill rig and has initiated drilling at its Sandy Project.Additionally the Company is in the process of completing a detailed strategic analysis and field investigation of the 31 targets identified by Goldspot Discoveries Corp's (\"Goldspot\") review of NV Gold's Data Library using its proprietary AI technology (see press release dated August 11, 2022 on the Company's website at www.nvgoldcorp.com). This review is intended to identify longer term prospective projects to continuously add to NV Gold's project pipeline. NV Gold holds one of the largest, most prolific land packages in Nevada, arguably the best gold mining jurisdiction in the World.Highlights of the exploration programs by project are as follows:Sandy:2-4 Reverse Circulation holes for a total of ~600 metersTest significant IP anomaly on strike with successful drill hole interceptsStart Date: Early September 2022Triple T:10 Reverse Circulation holes for a total of ~1,000 metersTest for high-grade vein mineralization and disseminated oxidesStart Date: Early/Mid- October 2022Pickhandle:3 Reverse Circulation holes for a total of ~350 metersTest for sediment/carbonate mineralizationStart Date: Late October 2022Spanish Canyon:3 Reverse Circulation holes for a total of ~350 metersTest for sediment/carbonate mineralizationStart Date: Mid-November 2022Discovery Bay:2 Reverse Circulation holes for a total of ~600 metersTest Southern two targets (high chargeability and Hg anomalies)Start Date: ~Q1 2023Slumber:2 Diamond Core holes for a total of ~500 meters2 Reverse Circulation holes for a total of ~400 metersConfirm Reverse Circulation bias (if any); test system depth and northern high-grade potentialStart Date: Q1 2023Thomas Klein, VP Exploration commented, \"I am excited about the exploration program we have in front of us. For the past two years, it has been challenging to engage drill rigs in Nevada with qualified teams. We are fortunate to have re...