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U.S. Gold Corp. Announces Planned 2019 Drilling Program at the Keystone Project, Cortez Trend, Nevada
ELKO, Nevada, June 6, 2019 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU), a gold exploration and development company, is pleased to announce the
About this update from U.s. Gold Corp.
[{"type":"text","content":" ELKO, Nevada, June 6, 2019 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU), a gold exploration and development company, is pleased to announce the commencement of the 2019 drilling program at its 20 square mile, Keystone project, in Nevada's Cortez Trend. The program will test several drill targets in areas previously inaccessible with a drill because of permitting limitations and follow up on encouraging results from late 2018 drilling. Identification and qualification of these targets has been in progress since the onset of the exploration program almost 3 years ago. This targeting effort has included iterative detailed gravity surveys, detailed geological mapping and associated prospecting, rock sampling and detailed gridded soil surveys, in addition to prior scout hole drilling. 2016-2018 scout-type drill holes, comprised of 34 individual holes drilled from 15 total drill sites, have importantly added to the knowledge of, and geological understandings of the permissive lithologies and favorable stratigraphy of the project. Scout drilling encountered thick sections of permissive host rocks, including Comus, Horse Canyon, Wenban, and Roberts Mountains Formations (similar host rock packages to the sizeable deposits at the north of the Cortez Trend), hosting anomalous to multiple gram gold intervals associated with very anomalous and thick intervals of pathfinder metals. The 2019 drilling program will now provide a first test to some of the most compelling targets on the Keystone project.\nKen Coleman, U.S. Gold Corp.'s Keystone Project Geologist, states: \"We are very pleased to move forward with the assessment of these Keystone drill targets. These targets have been qualified and prioritized by our experienced exploration team and are the culmination of our last three years of exploration efforts at Keystone. Previous scout style drilling over a broad area at Keystone was essential for developing the targets which will be tested in our drilling this year.\" \nTen deep, vertical drill holes, with contingency for an additional four holes, are proposed within ten high potential target areas of Keystone for the 2019 exploration program. Details for each target area are provided below, in order of priority. For those targets with two holes proposed, one hole will be drilled and then drilling will progress to the next target in prio...