NV Gold Identifies Large Carlin-type Soil Anomaly at the SW Pipe Gold Project at Crescent Valley, North-Central Nevada

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[{"type":"text","content":"NV Gold Identifies Large Carlin-type Soil Anomaly at the SW Pipe Gold Project at Crescent Valley, North-Central NevadaVANCOUVER, BC / ACCESSWIRE / October 26, 2022 / NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) (\"NV Gold\" or the \"Company\") is pleased to announce it has identified a strong geochemical anomaly from a recent soil sampling program at its 100% owned SW Pipe Gold Project in Lander County, Nevada. (\"SW Pipe\").About the SW Pipe Gold Property:Comprised of 84 unpatented mining claims covering a sediment-hosted gold system 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. Disseminated, Carlin-type gold mineralization covers at least 1.3 by 0.6 km (see Figure 1 to 3).The Company's rock-chip assays reach 1.47 ppm Au, and historic shallow drilling in 1989 yielded intersections that include 0.442 g/t over 16.8 min 89-1, 0.654 g/t over 15.2 m in 89-2, 0.794 g/t over 9.2 m in 89-9, and 0.580 g/t over 18.3 m in 89-11 (see Figure 3).A total of 567 soil samples were collected on the Property and later modeled in MapInfo. The modeling shows a large and comprehensive zone of overlapping Carlin-type geochemical anomalies including Au, As, Sb, Hg, Tl, and Se, in the neighborhood and merging with a Magmatic Plume, which is defined by strong Pb, W, and Te (see Figure 3). (Note:The geochemical interpretation is referring to the \"Geology and Geochemistry of the Deep Star Gold Deposit Model, Carlin Trend, Nevada,\" published in Economic Geology by Robert Jackson and Co-writers in 2003.)The Property has undergone various phases of historical drilling, but drill depths have been kept short in the past, mostly in the 100 m to 200 m range, and all historical reverse circulation (\"RC\") holes were drilled outside of the newly defined target area. The historical drilling defined a decent-sized zone of near-surface, oxide-gold mineralization, possibly related and representing leakage of a deeper-seated gold system.The New Target is an interpreted dilational zone, at least half a kilometer wide and one kilometer long. The dilational zone is defined by two intersecting faults, the Filippini and Magmatic Plume Faults, which could have functioned as a fluid pathway allowing an uprising gold-rich metal brine to create the extensive g...

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