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Nevergiveup9on Nov 23, 2021 9:37am
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ORIGINAL: Nevada Sunrise Reports Geophysical Surveys Continue to Identify New Drill Targets at Kinsley Mountain Gold Project, Nevada
2021-11-23 07:30 ET - News Release
Nevada Sunrise Reports Geophysical Surveys Continue to Identify New Drill Targets at Kinsley Mountain Gold Project, Nevada
Canada NewsWire
VANCOUVER, BC, Nov. 23, 2021
TSXV: NEV
VANCOUVER, BC, Nov. 23, 2021 /CNW/ - Nevada Sunrise Gold Corp. ("Nevada Sunrise", or the "Company") (TSXV: NEV) is pleased to announce that its joint venture partner, New Placer Dome Gold Corp. ("New Placer Dome") (TSXV: NGLD) has completed the first half of the 2021 induced polarization (IP)/resistivity geophysical surveys currently underway at the Kinsley Mountain Gold Project ("Kinsley Mountain") in Nevada.Nevada Sunrise holds a 20.01% interest in the Kinsley Mountain joint venture, with New Placer Dome, as operator, holding a 79.99% interest.
The first phase of the 2021 IP/resistivity geophysical surveys infilled the area between the Western Flank Zone ("WFZ") and Shale Saddle 2020 survey grids. There is a correlation between enhanced chargeability and drill-confirmed high-grade gold sulphide mineralization at the WFZ. At Shale Saddle, anomalous gold values were discovered on the periphery of a 500 by 250 metre untested chargeability anomaly.