About the
Three drill campaigns have been conducted between
The 2019-2022 exploration program encountered significant thicknesses of near-surface, low-grade-oxide gold distributed over an area of 800+ meters by 300+ meters with thicknesses of 100-150 meters. Notable drill intercepts, including 18.3 m @ 0.52 g/t Au in Hole SL-11, and SL-14, intersected 134.2m @ 0.14 g/t Au starting from the collar and was terminated in gold mineralization; most holes bottomed in gold mineralization.
Drilling confirmed that a zone of 'Resistivity,' reflecting hematite bearing and slightly silicified rocks, correlates well with alteration and gold mineralization. The resistivity zone continues to be open and remains untested to the north and northeast (refer to press release
The Company has now demonstrated that Slumber hosts a low-grade bulk-tonnage, oxide-gold system, which remains open in multiple directions. Drilling remains widely spaced over this large area, with reasonable expectations of locating structural and lithologically favorable zones of potentially higher grade mineralization (refer to press release
A recently conducted mercury vapor survey has identified five new zones (A-E) with potential for concealed gold mineralization under gravel cover.
About Mercury Vapor (Quicksilver Systems)
The Quicksilver Systems proprietary technique uses mercury vapor to detect blind mineralization. Exploration for
About
Contact:
Director and CEO
WEB: www.nvgoldcorp.com
T: 604.245.0054
Forward Looking Statements
This news release includes certain forward-looking statements or information. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include regulatory issues, market prices, availability of capital and financing, general economic, market or business conditions, timeliness of government or regulatory approvals, The Company disclaims any intention or obligation to update or revise any forward-looking statements whether because of new information, future events or otherwise, except as otherwise required by applicable securities legislation.
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