Eminent Initiates Gravity Survey at HSRP to Enhance Drill Targeting | EMGDF Stock News

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4 days ago
  • Eminent Gold Corp. (EMGDF, Financial) has commenced a high-resolution gravity survey at its Hot Springs Range Project (HSRP) in Nevada.
  • The survey aims to enhance drill targeting by identifying structural features controlling mineralization.
  • Eminent plans to resume drilling in August after data interpretation, with potential new exploration opportunities along the 15 km Hot Springs Range trend.

Eminent Gold Corp. (OTCQB: EMGDF) has announced the launch of a high-resolution gravity geophysical survey at the Otis target within its Hot Springs Range Project (HSRP) in Humboldt County, Nevada. This project is strategically positioned adjacent to the prolific 50-million-ounce Au Getchell Trend, and the survey aims to refine drill targeting by identifying structural features that could control mineralization.

Conducted in collaboration with Kinross Gold Corporation, a 9.9% shareholder, the gravity survey is designed to provide enhanced imaging of the subsurface. This will help delineate subtle structural features such as faults and fluid conduits, which are key to improving the targeting model and increasing the likelihood of intersecting higher-grade zones. Eminent plans to resume drilling in August following the completion and interpretation of the gravity data.

The program also includes examining the entire 15 km Hot Springs Range trend, encompassing additional targets such as Eden and Sitka, which may open up new exploration opportunities. Early drilling at the Otis target has verified a robust gold-bearing system within the NE trending Otis structure, believed to be part of a larger mineralized system.

Paul Sun, President and CEO of Eminent, expressed confidence in the significant gold system being uncovered at the HSRP property, with Kinross Gold's involvement enhancing exploration efforts. Eminent Gold has three major gold opportunities in Nevada, with all projects coming online with drill permits this year, supported by optimistic gold performance projections.

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