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First Vanadium Seeks Tenders to Drill Gold Target in Carlin Gold Trend, Nevada
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2020) -   First Vanadium Corp. (TS...
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[{"type":"text","content":"First Vanadium Seeks Tenders to Drill Gold Target in Carlin Gold Trend, NevadaVancouver, British Columbia--(Newsfile Corp. - May 27, 2020) -  First Vanadium Corp. (TSXV: FVAN) (OTCQX: FVANF) (FSE: 1PY) (\"First Vanadium\" or the \"Company\") is pleased to announce that it is seeking tenders to drill its gold target in the Carlin Gold Trend in Nevada later this summer. The gold target has been identified by Dave Mathewson, a former Newmont Regional Exploration Manager. Key elements of the Carlin-style high-grade gold target are the location, people and supporting science:Property located on the Carlin Gold Trend, tapping into the prolific Carlin Gold Trend gold plumbing system, the most productive gold belt in USA Approximately 9 million ounces of gold in multiple deposits and past producing mines near the FVAN property (5-15km)Credible, successful senior professional people including Dave Mathewson, an Ex-Newmont Regional Manager, and founder and Ex-VP Exploration of Gold Standard Ventures, responsible for discovering six Carlin-style gold deposits near the FVAN property (5-10km)Gold target supported by compelling science: primarily, favourable comparison with several gold deposit settings in the Rain/Railroad Mining district Right kind of structure (N/S) with an associated 2km x 600m alteration system (dolomite, gold, pathfinder metals, silicification) on FVAN property - all very typical for Carlin plumbing system and nearby gold deposits N/S structure on FVAN property is subparallel to structures hosting many of the nearby Gold Standard Venture deposits and Newmont's past producing Emigrant mine N/S Structure and alteration on FVAN property has similar gravity signature as nearby past-producing mines (Rain, Northwest Rain and Emigrant of Newmont)Gold target defined by Dave Mathewson has not been drilled; all drilling to date has been to a depth of only about 60m, mainly for the vanadium resource; the gold target is within a lower stratigraphic unit below the vanadium resource on the same property Dave Mathewson to spearhead the gold opportunity drill testing; hole selection, logging, synthesis; two stages of drilling planned this yearPaul Cowley, President & CEO states, \"We are now ramping up our planning to drill test this exciting target, guided by a proven mine finder, Dave Mathewson.\" The accompanying figure gra...