First Vanadium Resumes Drilling on its Gold Targethttps://firstvanadium.com/index.php/news/2020/561-irstanadiumesumesrillingonitsoldargetinthe20201106
Vancouver, British Columbia--(Newsfile Corp. - November 6, 2020) - First Vanadium Corp. (TSXV: FVAN) (OTCQX: FVANF) (FSE: 1PY) ("First Vanadium" or the "Company") is pleased to announce that the Company has resumed reverse circulation drilling on its gold target below the vanadium resource on its Carlin Vanadium-Gold Property on the Carlin Gold Trend in Nevada. The gold target was identified by renowned geologist and mine-finder Dave Mathewson, a former Newmont Regional Exploration Manager who is the Company's Geological Advisor and is the Qualified Person spearheading and supervising the gold drilling program.
On November 2, 2020, the Company announced, that from its first reverse circulation drill hole, it had confirmed the presence of a large-scale Carlin-type gold system on the property. On the strength of those results, drilling has resumed with multiple holes planned, now shifting to assess the extent and intensity of the system and to begin vectoring towards its heart. The drilling will apply Mr. Mathewson's gold model shown in the November 2, 2020 press release.