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Nevada Exploration Inc V.NGE

Alternate Symbol(s):  NVDEF

Nevada Exploration Inc. is a Canada-based exploration company focused on gold exploration in Nevada. The Company is engaged in the acquisition, exploration, and development of resource properties. It owns approximately 35,467 hectares of mineral claims in Saskatchewan. Its projects include South Grass Valley, Kelly Creek, North Grass Valley, Awakening, and others. The South Grass Valley Project is located approximately 50 kilometers (km) south-southwest of Barrick Gold Corp.’s Cortez complex, within the specific region of north-central Nevada known for Carlin-type gold deposits (CTGDs). The Kelly Creek Project is located approximately 40 km north-northwest of Battle Mountain in Humboldt County, Nevada, in the larger Kelly Creek Basin. The Awakening Project is located in Humboldt County, Nevada, 50 km north-northwest of Winnemucca, and approximately 4,000 meters north of the 4.8-million-ounce Sleeper Gold Mine. The North Grass Valley Project is located in Lander County, Nevada.


TSXV:NGE - Post by User

Bullboard Posts
Post by realtyon Oct 07, 2018 10:52pm
51 Views
Post# 28760973

They know they have a deposit

They know they have a depositShells, I think you may be right. I think they know that they have a deposit. What better way to prove their concept than to "fence the deposit in" as they said themselves. Hit gold mineralization on all three edges of the deposit and prove their concept and then tell the world that they are going to infill with drilling. The mining world would be in awe that they nailed it that well and that there was very little guesswork. James and Wade are very scientific and intelligent. Imagine if they hit 200 meters of 1.5 oz gold on all three fencing drill sites. Well, you have to believe that there is significant gold in between all three drill sites. The stock would rocket up and they would complete a nice financing to finish SGV, begin Kelly Creek drilling, and start staking their 10 other locations. The value of the stock would soar because they could have another 12 locations of the same discovery. How much value do you put on the 12 sites? Realty
Bullboard Posts