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NV Gold Highlights Portfolio of 15 Gold Projects, Geological Data Library in Nevada, and Identifies Properties for Option
VANCOUVER, BC / ACCESSWIRE / January 30, 2020 / NV Gold Corporation (TSXV:NVX)(OTCPINK:NVG...
About this update from Nv Gold Corporation
[{"type":"text","content":"NV Gold Highlights Portfolio of 15 Gold Projects, Geological Data Library in Nevada, and Identifies Properties for OptionVANCOUVER, BC / ACCESSWIRE / January 30, 2020 / NV Gold Corporation (TSXV:NVX)(OTCPINK:NVGLF) (\"NV Gold\" or the \"Company\") is pleased to review the Company's portfolio of 15 gold projects in Nevada, and its expansive data library comprised of over 40 years of geological information by U.S. Minerals Exploration (USMX - during 1970s and 1980s) and AngloGold-Ashanti (\"AngloGold\" during 1990s and 2000s).\"In 2020, we will prioritize our exploration and drilling plans on our Slumber and Sandy Gold Projects and continue to evaluate the Silver District Project. In addition, a focused effort is underway to option projects from our strategic portfolio to maximize the potential for a new precious metal discovery in 2020. NV Gold's Team consists of some of Nevada's leading technical consultants in the industry, including Dr. Quinton Hennigh, Dr. Odin Christensen and John Watson, M.Sc., with collectively over 120 years of focused exploration experience directly in Nevada,\" commented Peter A. Ball, CEO of NV Gold. \"There have never been better fundamentals, with gold at $US1575 per ounce, and to be exploring in one of the best locations in the world - Nevada. With a share structure of less than 47 million shares outstanding, strong management ownership of approximately 20%, and low burn rate, our dollars are focused in the ground, and we look forward to an exciting 2020.\"The Data Library / DatabaseThe data library consists of two geological databases, which covers Nevada, and includes extensive proprietary exploration files created by AngloGold and USMX and their predecessors. Multiple significant regional geological, geochemical and geophysical exploration programs generated the data, over nearly 40 years of effort, and at a cost of over US$20 million. Our team continues to filter and locate interesting prospects within the library.The Nevada Gold ProjectsThe 15 projects NV Gold controls in Nevada include both sedimentary rock-hosted and volcanic rock-hosted gold systems on important mineralized trends, including the Carlin Trend, the Cortez Trend and the Walker Lane. Each of projects have yielded significant results to date, and excluding the Slumber and Sandy Gold Projects, are AVAILABLE FOR OPTION.Slumber (55 ...