NevGold Corp V.NAU

Alternate Symbol(s): NAUFF

Metals & Mining Industrial Metals & Minerals

NevGold Corp. is a Canada-based exploration and development company targeting large-scale mineral systems in the districts of Nevada and Idaho. The Company owns a 100% interest in the Limousine Butte and Cedar Wash gold projects in Nevada, and the Nutmeg Mountain gold project and Zeus copper project in Idaho. The Limousine Butte Project is located within the Basin and Range physiographic province of east-central Nevada. The deposits of the Limousine Butte Project are Carlin-type deposits, sediment-hosted, with disseminated gold. The Nutmeg property consists of approximately 1,724 hectares and comprises 210 federal unpatented lode mining claims, 12 patented claims, and two leases of private land. Its Cedar Wash project is a high-potential, advanced exploration prospect located in Lincoln County, 75 kilometers southeast of Pioche, on the southern flank of the Clover Mountains. Zeus copper project is approximately 40 kilometers northwest of the Nutmeg Mountain gold project.

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NevGold Corp > Identifies Multiple Potential High-Grade Vein Structures

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Post by Betteryear2on Feb 23, 2022 4:02pm

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Post# 34455362

Identifies Multiple Potential High-Grade Vein Structures

VANCOUVER, British Columbia, Feb. 23, 2022 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQB:NAUFF) (Frankfurt:5E50) is pleased to provide the following update on the 100%-owned Ptarmigan Project, British Columbia (the “Project”). After recent completion of the historical data compilation and interpretation, the Company has identified possible extensions spanning over 4 kilometers to the known high-grade parallel vein structures based on historical drilling, soil and rock chip sampling, and geophysics. Historical drilling intercepted grades up to 22,945 g/t Ag, 37 g/t Au, 8.24% Cu, and 3.70% Pb. The Project also has indications of Carbonate Replacement style mineralization (“CRD”) with elevated levels of silver, lead, and zinc seen in historical drilling, underground workings, and sampling. NevGold will advance the project to an active field program including drilling starting in Q2-2022.

NevGold Identifies Multiple Potential High-Grade Vein Structures Over 4 Km At Ptarmigan And Provides 2022 Exploration Plans

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