Business
NV Gold Corporation Provides Update on 2022 Exploration Activities
VANCOUVER, BC / ACCESSWIRE / November 17, 2022 / NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)...
About this update from Nv Gold Corporation
[{"type":"text","content":"NV Gold Corporation Provides Update on 2022 Exploration ActivitiesVANCOUVER, BC / ACCESSWIRE / November 17, 2022 / NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) (\"NV Gold\" or the \"Company\") is pleased to provide an update on its 2022 exploration activity.John Seaberg, Chief Executive Officer stated, \"We made significant progress on our 2022 exploration goals and objectives. Our \"boots on the ground\" approach to collecting the necessary data to identify our highest priority targets is bearing fruit. We are now well positioned to continue our exploration efforts in 2023 to unlock Nevada's next multi-million-ounce gold discovery.\"Figure 1: Nevada Property PortfolioSW Pipe Gold Project, Lander County, NevadaThe SW Pipe Gold Project (\"SW Pipe\") is in Lander County approximately 6 km (3.7 miles) southwest of the world-class Pipeline gold mine (> 20 million ounces of gold) in the central Cortez gold belt of north-central Nevada. The Property, comprising 84 unpatented mining claims, is 100%-owned by NV Gold. Historical drilling established a near-surface, oxide-gold zone characterized by multiple intercepts of 15 m+ @ 0.5-1.0 g/t Au. The Company has recently conducted an extensive soils sampling program and completed a mercury vapor survey on the Property. The target has disseminated high-grade Carlin-type gold mineralization.ResultsModeling of 567 new soils samples shows a large and comprehensive zone of overlapping Carlin-type geochemical anomalies highlighting a new target area in a previously untested central-western portion of the Property.The New Target is an interpreted Dilational zone, a perfect fluid pathway for gold mineralization, and therefore a prime target location to discover the next multi-million-ounce gold deposit (refer to October 26th, 2022 press release).Next Steps: Waiting for completion of mercury vapor analyses and planning to drill-test established soil target(s).Triple T Gold Project, Pershing County, NevadaThe Triple T Gold Project (\"Triple T\") is located in the Humboldt Range 9 kilometers (5.6 miles) east of the Rochester silver-gold operation and 42 kilometers (26.1 miles) southeast of the Florida Canyon gold mine. The Property, comprising 41 unpatented mining claims, is 100%-owned by NV Gold. The Company has recently received the approval of the Triple T \"Notice of Intent (NOI)\" for ...