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Eminent Gold Corp (EMGDF) is a mining company focused on acquiring and developing high-quality gold projects. Recently, they acquired the Gilbert South Property in Nevada, demonstrating their commitment to expanding their portfolio in prolific mining regions. With a strong management team led by CEO and Director Paul Sun, Eminent Gold is poised for growth and success in the mining industry.
Eminent Gold Corp (TSXV: EMNT) (OTCQB: EMGDF) has announced significant results from its first core hole (HSC002) at the Hot Springs Range Project in Nevada. The drill hole, targeting the Otis target, revealed notable gold-arsenic mineralization with the best intercept showing 2.9 meters of 2.2 g/t gold and 2,107 ppm arsenic, including 3.9 g/t Au over 0.91m starting at 272.8m downhole.
The project is being explored as a potential analogue to the prolific Getchell Trend, which has a 50-million-ounce gold endowment and is located 15 km across the Eden Valley. The company has already commenced its second drill hole (HSC003), which will target the intersection of NE faults with the NW Eden Valley fault and the thrust fault bounding the lower contact of the Home Ranch Terrane.
Currently, only select samples from the top 300 meters have been assayed, with results from the remaining 390 meters still pending. Several samples showed values above 100 ppb Au and/or 1,000 ppm As between 225m and 295m depth.
Eminent Gold Corp. (TSXV: EMNT) (OTCQB: EMGDF) announces its participation in the Vancouver Resource Investment Conference (VRIC) at Booth #118. The event will take place at the Vancouver Convention Centre West on January 19-20, 2025.
The VRIC 2025 will feature over 120 expert speakers, including economists, money managers, and investors. The conference will offer networking opportunities with more than 5,000 industry professionals and investors, along with exhibits showcasing innovations in the resource sector. Attendees will gain insights into commodities, precious metals, energy, and critical minerals trends.
Eminent Gold Corp (TSXV: EMNT, OTCQB: EMGDF) has completed its first core hole at the Hot Springs Range Project (HSRP) in Nevada, reaching approximately 500 meters depth. The drilling aims to test if HSRP is analogous to the Getchell Trend, which has a ~50-million-ounce gold endowment.
Visual inspection revealed extensive alteration in volcanic-dominated portions, including strong hematite, clay gouge, and silicification. The first hole was parallel to a NE feeder fault, with assays expected in January. A second drillhole is planned to target the intersection of NE faults with the NW Eden Valley fault.
The company raised $2.4 million in 2024, acquired the Celts project, and plans to drill all three key projects (HSRP, Gilbert South, and Celts) in 2025, subject to financing. Additionally, Eminent has engaged Spark Newswire for promotional services at US$100,000 monthly and granted 1,350,000 stock options at $0.45 for 5 years.
Eminent Gold Corp (TSXV: EMNT) (OTCQB: EMGDF) has signed an agreement to acquire 100% interest in the Celts Project in Nevada from Orogen Royalties for USD $400,000, payable in two tranches over six months. The project is considered analogous to the Silicon discovery, located 100 kilometers south, which holds 13.27 million ounces of gold resources.
The Celts project is situated in the Walker Lane Trend, a region that has historically produced 80 million ounces of gold. The company plans to advance Celts to a drill-ready, permitted stage in the first half of 2025, while continuing its ongoing drill program at Hot Springs Range and finalizing permits for Gilbert South.
Eminent Gold has initiated its first core drilling program at the Otis Target Area within its Hot Springs Range Project in Nevada. The Phase 1 program will consist of 1,000 meters targeting a potential parallel structure to the Getchell Trend, located 15-20 km southeast. The program aims to test for a significant gold-bearing system analogous to the nearby Getchell Trend, which has a 42-million-ounce gold endowment. The initial drilling will evaluate the Otis target, focusing on the Eden Valley fault zone where anomalous surface geochemistry including gold has been identified in soil and rock sampling.
Eminent Gold Corp (TSXV: EMNT) (OTCQB: EMGDF) has announced its participation in the 50th Annual New Orleans Investment Conference scheduled for November 22nd at the Hilton New Orleans Riverside. CEO Paul Sun will deliver an investor presentation and conduct one-on-one meetings with investors during the event. The conference brings together leading analysts and investors, with a focus on major asset classes including Gold Exploration.
Eminent Gold has contracted Scout Drilling for an initial 3,000-meter diamond core drilling program at its Hot Springs Range Project's Otis target in Nevada. The drilling equipment and personnel mobilization is scheduled for November 2024. The project is strategically located, mirroring the 42-million-ounce Getchell Trend. Additionally, the company has retained Independent Trading Group (ITG) for market making services at $7,000 monthly to improve stock liquidity on the TSX Venture Exchange.
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