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Crestview Exploration Inc C.CRS

Crestview Exploration Inc. is a Canada-based exploration company. The Company is focused on the exploration and development of its portfolio of gold and silver properties located in prolific mining districts of Nevada. Its assets include Rock Creek, Divide Mine, Castile Mountain, Cimarron, Falcon. The Company’s Rock Creek, Divide, Falcon and Castile Mountain properties are situated in the Tuscarora Mountains of northern Elko County, Nevada. The Rock Creek property consists of 74 unpatented lode mining claims. The Divide property consists of 19 unpatented lode mining claims around the historic Divide Mine. Its Tuscarora properties total six patented and 198 unpatented lode mining claims and comprise areas with local production and limited modern exploration. Its Cimarron project is located in the San Antonio Mountains of Nye County, Nevada, and is comprised of approximately 31 unpatented lode mining claims, including control of six producing claims associated with the San Antonio mine.


CSE:CRS - Post by User

Post by alphaflighton Mar 16, 2021 1:52pm
470 Views
Post# 32808728

Crestview Expands Land Cimarron Gold, Nye County - Nevada

Crestview Expands Land Cimarron Gold, Nye County - Nevada

Crestview Exploration Inc. Announces Land Expansion at the Cimarron Gold Prospect in Nye County – Nevada

Calgary, Canada March 16, 2021– Crestview Exploration Inc. (CSE: CRS, Frankfurt: CE7) (“Crestview” or “the Company”) is pleased to announce it has staked an additional 40 claims at the recently acquired Cimarron gold prospect (“Cimarron” or the “Property”). For details of the Cimarron property acquisition and/or for a more detailed description of the Cimarron gold prospect, the reader is referred to the news release titled “Crestview Exploration Inc. Acquires a Lease with Option to Purchase on the Cimarron Gold Prospect in Nye County – Nevada” and dated February 24, 2021. 

The Cimarron gold prospect is a high-grade epithermal gold target associated with the historic San Antonio mine. The prospect is located in Nye County, Nevada approximately 30 kilometers North of the mining town Tonopah, NV (see Map 1 below).

The property was acquired with 13 unpatented lode claims which overlap and control the 6 historically-producing claims around the San Antonio mine. These six historical claims represent the core of the property. In addition to the San Antonio mine which was active in the early 1900’s, these core claims had approximately 190 holes and 54,000’ drilled in the 1980’s. 

With the additional 40 claims staked, Crestview now holds 53 claims at the Cimarron project. The new claims were staked on the nearest open ground to the North, East, and South of the core claims (see Map 2 below). 

J.A. Lowe, Crestview’s Vice-President Exploration, commented “These 40 new claims represent a significant increase to our land position at the Cimarron gold prospect. The data we have reviewed at our core claims suggests that mineralization is strongly associated with North-South structures, and we believe there is opportunity to find extensions of these or parallel structures on the newly staked claims.” 

Crestview plans to begin conducting mapping, surface sampling, and geophysical surveys on the expanded Cimarron claims this Fall (2021). 

This News Release was prepared by J.A. Lowe, M.Sc. Geology, and has been approved by Brian T. Brewer, M.Sc., CPG #11508. 

Brian T. Brewer is a Qualified Person as defined by NI 43-101 and has reviewed the scientific and technical disclosure included in this news release

About Crestview Exploration Inc:

Crestview Exploration is a technology driven, well-funded and experienced exploration company focused on finding gold and silver deposits in mining friendly jurisdictions. The Crestview’s projects Rock Creek, Divide, and Castile Mountain are situated in the Tuscarora Mountains of northern Elko County, Nevada. The company’s Tuscarora properties combined comprise a total of 101 unpatented lode mining claims, with 74 claims at Rock Creek, 19 claims at Divide, and 8 claims at Castile Mountain. 

The Cimarron project is located in the San Antonio Mountains of Nye County, Nevada, and is comprised of 53 unpatented lode mining claims, including control of 6 historically producing claims associated with the historic San Antonio mine. 

Glen Watson, Chief Executive Officer

Tel: 1-604-803-5229

Email: Glen@crestviewexploration.com


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