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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

Comment by Backspace0001on Feb 05, 2020 9:31am
84 Views
Post# 30645152

RE:RE:RE:RE:Market manipulation

RE:RE:RE:RE:Market manipulationWhy is Kelly Creek a failure?  Its current status is "ready to drill."  The Scorpion survey is complete and provided more data than they were able to obtain at SGV.  At one point they were considering drilling SGV and Kelly Creek simultaneously.  

My read is that SGV became far larger and more complex than they imagined, so they focused their effort there.

Kelly Creek has a minimum of 3 distinct targets.  It is very much a viable future site. 

North Grass Valley is not yet ready to drill.  It still needs Scorpion drilling.  But, it has the same type of granite intrusions as Carlin and South Grass Valley.  I have high hopes for NGV, but more work needs to be done.  

I don't mind contrary opinions.  I do object to intentional misinformation.  
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