Eminent Gold Corp. V.EMNT

Eminent Acquires Silicon Analogue, Celts Project

[Betteryear2]

Vancouver, British Columbia--(Newsfile Corp. - December 12, 2024) - Eminent Gold Corp. (TSXV: EMNT) (OTCQB: EMGDF) ("the Company" or "Eminent") is pleased to announce the signing of an agreement to acquire a 100% interest in the Celts Project ("Celts" or "Property") in Nevada, USA, from Orogen Royalties Inc. (TSXV:OGN) ("Orogen"), for a total purchase price of USD $400,000, payable in two tranches over the next six months. Eminent believes the Celts project represents a strong exploration analogue to the recent Silicon discovery, located 100 kilometers south. The Expanded Silicon Project collectively boasts an impressive total mineral resource of 13.27 million ounces of gold, including 4.22 million ounces of indicated and inferred resources from the Silicon deposit and 9.05 million ounces of inferred resources from the Merlin deposit1, underscoring the significant potential of the area. The recent discovery of the Silicon epithermal gold deposit near the Beatty district by AngloGold Ashanti highlights the significant prospects of the Walker Lane Trend, a region renowned for its substantial gold endowment, including 80 million ounces of historically produced gold and extensive estimated gold resources² (Figure 1).

Eminent Acquires Silicon Analogue, Celts Project in Nevada