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Relevant Gold Doubles its Land Position at the Bradley Peak Gold Camp

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Relevant Gold Corp. (TSXV:RGC)(OTCQB:RGCCF) has doubled its land position at the Bradley Peak Gold Camp in Wyoming, USA. The company added ~2,102 hectares through 38 BLM lode mining claims and 16 Wyoming state mineral leases, bringing the total project area to ~4,391 hectares. Recent assay results, geology mapping, and geophysics highlight high-grade district-scale gold targets with potential for Abitibi-style gold mineralization.

The company's 2023 reconnaissance program identified 3 district-scale target areas with high-grade gold, silver, and copper associated with multi-kilometre shear zone structures. Initial results from the 2024 mapping and sampling program showed high-grade mineralization, including 46.8 g/t Au and 2.44% Cu. Relevant Gold is now defining high-quality drilling targets and anticipates results from its second batch of 2024 samples soon.

Relevant Gold Corp. (TSXV:RGC)(OTCQB:RGCCF) ha doppio il proprio appezzamento di terreno presso il Bradley Peak Gold Camp nel Wyoming, USA. L'azienda ha aggiunto circa 2.102 ettari tramite 38 richieste di estrazione mineraria BLM e 16 contratti minerari statali del Wyoming, portando l'area totale del progetto a circa 4.391 ettari. I recenti risultati di analisi, mappatura geologica e geofisica evidenziano obiettivi d'oro di alta qualità su scala distrettuale con potenziale di mineralizzazione aurifera in stile Abitibi.

Il programma di ricognizione del 2023 dell'azienda ha identificato 3 aree target su scala distrettuale con oro, argento e rame di alta qualità associate a strutture di zona di taglio multi-chilometriche. I risultati iniziali del programma di mappatura e campionamento 2024 hanno mostrato mineralizzazione di alta qualità, compreso 46,8 g/t Au e 2,44% Cu. Relevant Gold sta ora definendo obiettivi di perforazione di alta qualità e si aspetta risultati dal secondo lotto di campioni del 2024 a breve.

Relevant Gold Corp. (TSXV:RGC)(OTCQB:RGCCF) ha duplicado su posición de terreno en el Bradley Peak Gold Camp en Wyoming, EE. UU. La empresa añadió aproximadamente 2.102 hectáreas a través de 38 reclamos mineros de BLM y 16 arrendamientos minerales del estado de Wyoming, llevando el área total del proyecto a aproximadamente 4.391 hectáreas. Los resultados recientes de ensayos, la cartografía geológica y la geofísica destacan objetivos de oro de alta ley a escala distrital con potencial para mineralización de oro al estilo Abitibi.

El programa de reconocimiento de 2023 de la empresa identificó 3 áreas objetivo a escala distrital con oro, plata y cobre de alta ley asociadas a estructuras de zonas de corte de varios kilómetros. Los resultados iniciales del programa de mapeo y muestreo de 2024 mostraron mineralización de alta ley, incluyendo 46,8 g/t Au y 2,44% Cu. Relevant Gold ahora está definiendo objetivos de perforación de alta calidad y anticipa resultados de su segundo lote de muestras de 2024 pronto.

Relevant Gold Corp. (TSXV:RGC)(OTCQB:RGCCF)는 브래들리 피크 금 캠프에서 토지 소유권을 두 배로 늘렸습니다 미국 와이오밍. 이 회사는 38개의 BLM 광산 채굴 청원 및 16개의 와이오밍 주 광물 임대를 통해 약 2,102헥타르를 추가하여 총 프로젝트 면적을 약 4,391헥타르로 늘렸습니다. 최근의 분석 결과, 지질학적 지도 작성 및 지구물리학은 고등급 구역 규모의 금 목표를 강조하며 Abitibi 스타일의 금 광산화 가능성을 보여주고 있습니다.

회사의 2023년 정찰 프로그램은 다중 킬로미터 전단대 구조와 관련된 고등급 금, 은 및 구리가 있는 3개의 구역 규모의 목표 지역를 확인했습니다. 2024년 맵핑 및 샘플링 프로그램의 초기 결과는 46.8 g/t Au 및 2.44% Cu 등 고등급 광화 작용을 보여주었습니다. Relevant Gold는 현재 고품질 시추 목표를 정의하고 있으며 2024년 샘플의 두 번째 배치 결과를 곧 기대하고 있습니다.

Relevant Gold Corp. (TSXV:RGC)(OTCQB:RGCCF) a doubler sa position foncière au Bradley Peak Gold Camp dans le Wyoming, aux États-Unis. L’entreprise a ajouté ~2 102 hectares par le biais de 38 revendications minières des BLM et de 16 baux miniers de l'État du Wyoming, portant la superficie totale du projet à ~4 391 hectares. Les résultats récents des analyses, la cartographie géologique et la géophysique mettent en évidence des cibles d'or de haute qualité à l'échelle du district avec un potentiel de minéralisation aurifère de style Abitibi.

Le programme de reconnaissance 2023 de l'entreprise a identifié 3 zones cibles à l'échelle d'un district avec de l'or, de l'argent et du cuivre de haute qualité associés à des structures de zones de cisaillement de plusieurs kilomètres. Les premiers résultats du programme de cartographie et d'échantillonnage de 2024 ont montré une minéralisation de haute qualité, y compris 46,8 g/t Au et 2,44 % Cu. Relevant Gold définit maintenant des objectifs de forage de haute qualité et prévoit bientôt les résultats de son deuxième lot d'échantillons de 2024.

Relevant Gold Corp. (TSXV:RGC)(OTCQB:RGCCF) hat seine Landeigenschaft verdoppelt im Bradley Peak Gold Camp in Wyoming, USA. Das Unternehmen hat durch 38 BLM-Löschanträge und 16 staatliche Mineralpachtverträge in Wyoming etwa 2.102 Hektar hinzugefügt, wodurch die Gesamtprojektfläche auf etwa 4.391 Hektar steigt. Jüngste Analyseergebnisse, geologische Kartierungen und Geophysik heben hochgradige Goldziele auf Bezirksebene hervor, mit Potenzial für Abitibi-Stil Goldmineralisation.

Das Erkundungsprogramm des Unternehmens aus dem Jahr 2023 identifizierte 3 hochgradige Goldziele auf Bezirksebene, die mit Silber und Kupfer in Verbindung stehen, die mehrkilometerlange Scherzone-Strukturen zugehören. Erste Ergebnisse aus dem Mapping- und Probenahmeprogramm 2024 zeigten hochgradige Mineralisierung, einschließlich 46,8 g/t Au und 2,44% Cu. Relevant Gold definiert nun hochwertige Bohrziele und erwartet bald Ergebnisse aus seiner zweiten Probecharge von 2024.

Positive
  • Doubled land position at Bradley Peak Gold Camp to ~4,391 hectares
  • Identified 3 district-scale target areas with high-grade gold, silver, and copper mineralization
  • Recent sample results showed high-grade mineralization (46.8 g/t Au and 2.44% Cu)
  • Expanding presence in Wyoming, a top global mining jurisdiction
Negative
  • None.

VANCOUVER, BC / ACCESSWIRE / August 29, 2024 / Relevant Gold Corp. (TSXV:RGC)(OTCQB:RGCCF) (the "Company" or "Relevant Gold") is pleased to announce it has added ~2,102 hectares (ha) (5,195 acres) at its 100% owned Bradley Peak Gold Camp located in the Seminoe Mountains, Wyoming, USA. The Company staked 38 BLM lode mining claims and applied for and received 16 Wyoming state mineral leases, nearly doubling the size of the Bradley Peak Gold Camp project to a total of ~4,391 ha (10,800 acres).

The Company's recent assay results, combined with detailed geology mapping and geophysics, highlight the Bradley Peak Gold Camp as a large complex greenstone belt illustrating high-grade district-scale gold targets and has guided the Company's recent acquisitions that meet initial criteria for hosting Abitibi-style gold potential.

"Our first mover advantage in Wyoming, one of the top global mining jurisdictions, continues to benefit Relevant Gold shareholders and allows us to build a belt-scale portfolio of gold targets with a strong connection to the Abitibi during the time of gold mineralization," said Relevant Gold CEO Rob Bergmann. "The high-grade gold, silver, and copper targets we have identified at Bradley Peak show significant potential, and the geophysical data indicates this is an opportunity of scale. These new acquisitions secure additional prospective ground and create a buffer around our highest-priority targets as we focus on expediting drill permitting at Bradley Peak."

Relevant Gold's 2023 reconnaissance program at Bradley Peak identified 3 district-scale target areas illustrating high-grade gold, silver, and copper associated with multi-kilometre (km) shear zone structures (News Release - Nov. 7, 2023) coincident with a 100+ km2 geophysical anomaly (News Release - Mar. 25, 2024). Initial results from the Company's follow-up 2024 mapping and sampling program continue to illustrate high-grade mineralization including 46.8 g/t Au and 2.44% Cu (News Release - Aug. 13, 2024). Detailed geologic mapping identified numerous unmapped shear zones hosting complex quartz/carbonate vein arrays, some with visible gold and copper carbonate mineralization, as well as several historic mine workings that are not identified on previous maps.

The Company is beginning to define high-quality drilling targets at Bradley Peak and is anticipating results for its second batch of samples from the 2024 mapping and sampling program very soon. The work completed to date continues to support expedited exploration at Bradley Peak.

About Relevant Gold Corp.

Relevant Gold Corp. is a North American gold exploration company founded by experienced exploration geologists and operated by a highly respected team with a proven record of significant value creation for shareholders. Relevant Gold is focused on the acquisition, exploration, discovery, and development of district-scale gold projects in the state of Wyoming - one of the most mining-friendly jurisdictions in the United States and globally.

On behalf of Relevant Gold Corp.,

Rob Bergmann, Chief Executive Officer

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Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

For further information about Relevant Gold Corp. or this news release, please visit our website at www.relevantgoldcorp.com or contact Rob Bergmann, President and CEO, or Kristopher Jensen, Manager of Investor Relations, at 763-760-4886 or by email at investorrelations@relevantgoldcorp.com.

Cautionary Note Regarding Forward-Looking Statements and Historical Information

This news release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws. These statements relate to future events of Relevant Gold Corp. ("Relevant" or "Relevant Gold" or "the Company"). Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "forecast", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "outlook" and similar expressions) are not statements of historical fact and may be forward-looking information. Forward-looking information involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company's estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the company's projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law. This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

The scientific and technical contents of this release have been approved by Mr. Brian C. Lentz, CPG #11999, Chief Exploration Officer of the Company, who is a "Qualified Person" as defined by Canadian National Instrument 43-101 (Standards of Disclosure for Mineral Projects). Mr. Lentz is not independent of the Company.

SOURCE: Relevant Gold Corp.



View the original press release on accesswire.com

FAQ

What is the new total land area of Relevant Gold's Bradley Peak Gold Camp after the recent expansion?

After the recent expansion, Relevant Gold's Bradley Peak Gold Camp now covers a total area of approximately 4,391 hectares (10,800 acres).

What were the highest-grade mineralization results from Relevant Gold's 2024 sampling program at Bradley Peak?

The highest-grade mineralization results reported from Relevant Gold's 2024 sampling program at Bradley Peak were 46.8 g/t Au and 2.44% Cu.

How many district-scale target areas has Relevant Gold (RGCCF) identified at Bradley Peak?

Relevant Gold (RGCCF) has identified 3 district-scale target areas at Bradley Peak, showing high-grade gold, silver, and copper associated with multi-kilometre shear zone structures.

When did Relevant Gold announce the results of its 2023 reconnaissance program at Bradley Peak?

Relevant Gold announced the results of its 2023 reconnaissance program at Bradley Peak on November 7, 2023.

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