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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
Comment by Novo2018on Sep 23, 2019 3:43pm
130 Views
Post# 30156014

RE:RE:RE:RE:RE:RE:RE:kaiser

RE:RE:RE:RE:RE:RE:RE:kaiser
I have no intention of selling. To say that it only took 11 holes at Fourmile is to totally ignore the fact that the area had been mined for decades and that hundreds of holes had been drilled in the area. Within a few kms 10s of millions of ozs of gold had been discovered. Whereas at SGV there was one historic hole and the stratigraphy was unknown. Puting 11 holes into a vast unknown area is not comparable to what happened with Fourmile, and it still took Barrick 11 holes.

In late 2015, Barrick was nearing completion of an important exploration drilling program in Nevada—and it wasn’t going well. The program, located in an area known as Fourmile, involved drilling 11 holes. Expectations for the program were high because the site was only about a kilometer away from one of the largest gold discoveries in recent memory, Goldrush.

https://www.barrick.com/news/news-details/2018/fourmile-journey-to-a-high-grade-discovery/default.aspx

Bullboard Posts