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NV Gold Highlights Its Surselva Gold Project in Switzerland for Potential Strategic Partners
VANCOUVER, BC / ACCESSWIRE / February 13, 2020 / NV Gold Corporation (TSXV:NVX)(OTCPINK:...
About this update from Nv Gold Corporation
[{"type":"text","content":"NV Gold Highlights Its Surselva Gold Project in Switzerland for Potential Strategic PartnersVANCOUVER, BC / ACCESSWIRE / February 13, 2020 / NV Gold Corporation (TSXV:NVX)(OTCPINK:NVGLF) (\"NV Gold\" or the \"Company\") is pleased to review the Company's Surselva Gold Project located in the Surselva district of the Graubunden (also called Grisons) Canton, Switzerland. NV Gold holds 100% of the project through its wholly owned subsidiary, SwissGold Exploration AG (\"SwissGold\"), a private Swiss corporation.Surselva Gold Project Highlights:Identified an underexplored district scale gold system in SE Switzerland (1981 - by David Knopf and Karl Naert), with informal placer gold production over hundreds of years.Drilling (1986-1991) by David Bell (co-discoverer of Hemlo Gold Camp) yielded significant intercepts.SwissGold recently received 5-year exploration permit and drill permits in 2019 in the community of Medel/Lucmagn.NI43-101 Technical Report completed by Mine Development Associates (\"MDA\") in 2014.17 holes totaling 3,865 meters drilled near Lukmanier in 1986-87. Micham drilled two holes totaling 403.5 meters in Val Plattas in 1991, with one of the holes intersecting 1.13 g/t Au over 75 meters.MinAlp conducted surface exploration during 2006-2008, creating an exceptional technical database.Exploration programs by SwissGold highlighted three priority exploration targets, which are drill-ready.All modern exploration data has been compiled to a solid Geographic Information System database to support ongoing exploration.\"The Surselva Gold Project is an exciting gold project and represents a significant opportunity for a strategic partner focused on exploration opportunities in Europe. We are now preparing for our upcoming exploration program at the Slumber Gold Project, and continue to focus our energy and capital in Nevada,\" commented John Watson, Chairman of NV Gold.The Surselva project is comprised of an exploration permit that lies in contiguous portions in the community of Medel-Lucmagn, largely south of the Vorderrhein River. The exploration permit grants SwissGold the exclusive right to carry out geological, geophysical, and geochemical surveys, drilling, and excavation on public lands within the exploration territory for the location and evaluation of mineral resources for five years.Surselva Gold Project Geology and M...