The recently completed 2020 Kinsley Mountain RC and diamond drill campaign comprised forty-nine (49) drill holes totaling 17,970 metres (39 RC holes for 13,610 metres, and 10 diamond drill holes for 4,360 metres). A total of five (5) target areas were tested during the 2020 drill program including the:
Highlights of the initial nine RC drill holes are listed below, and in Table 1 following:
- 2.63 g/t Au (sulphide) over 38.10 metres; including 10.22 grams/tonne gold (g/t Au) (sulphide) over 6.10 metres in KMR20-017;
- 3.38 g/t Au (oxide) over 21.34 metres; including 5.78 g/t Au over 6.10 metres in KMR20-016;
- 5.15 g/t Au (oxide) over 10.67 metres in KMR20-004;
- 4.83 g/t Au (sulphide) over 6.10 metres and 1.74 g/t Au (sulphide) over 7.62 metres in KMR20-008; and 1.15 g/t Au (sulphide) over 6.10 metres in KMR20-007;
- 1.19 g/t Au (oxide) over 16.76 metres in KMR20-005; and 0.51 g/t Au (oxide) over 18.29 metres in KMR20-006.
"These initial results from the 2020 drilling program show that the area of high-grade gold mineralization at Kinsley Mountain continues to grow," said
For more information on Kinsley Mountain, including project history, maps, drill sections, and photos, please visit the Nevada Sunrise website at:
Table 1.
Hole ID | Zone | From (m) | To (m) | Interval (m)1 | Au (g/t)2 | CN Soluble Au Recovery3 (%) |
(Dip/Azimuth) | ||||||
KMR20-004 | Western Flank Extension Target | 260.60 | 271.27 | 10.67 | 5.15 | 69% |
(-68/160) | ||||||
including | 265.18 | 269.75 | 4.57 | 8.12 | 74% | |
KMR20-005 | KNW Fault | 22.86 | 39.62 | 16.76 | 1.19 | 86% |
(-70/235) | ||||||
KMR20-006 | KNW Fault | 19.81 | 38.10 | 18.29 | 0.51 | 81% |
(-50/235) | ||||||
KMR20-007 | Western Flank | 283.46 | 289.56 | 6.10 | 1.15 | Sulphide |
(-75/280) | ||||||
KMR20-008 | Western Flank | 294.13 | 300.23 | 6.10 | 4.83 | Sulphide |
(-83/305) | ||||||
and | 310.90 | 318.52 | 7.62 | 3.07 | Sulphide | |
KMR20-009 | Western Flank | 283.46 | 295.66 | 12.19 | 1.74 | Sulphide |
(-70/110) | ||||||
KMR20-015 | Western Flank | No significant intercepts | ||||
(-85/225) | ||||||
KMR20-016 | Western Flank | 309.37 | 330.71 | 21.34 | 3.38 | 73% |
(-85/235) | ||||||
including | 316.99 | 323.09 | 6.10 | 5.78 | 100% | |
KMR20-017 | Western Flank | 320.04 | 358.14 | 38.10 | 2.63 | Sulphide |
(-75/320) | ||||||
including | 326.14 | 332.23 | 6.10 | 10.22 | Sulphide |
1 | True widths of the mineralized intervals are interpreted to be between 60-90% of the reported lengths. |
2 | Drill composites were calculated using a minimum cut-off of 0.20 g/t gold. |
3 | "Sulphide" defined as CN soluble gold recovery of <50%. |
Methodology and QA/QC
The analytical work reported on herein was performed by ALS Global ("ALS") in
As operator at Kinsley Mountain, New Placer Dome follows industry standard procedures for the work carried out the Project, with a quality assurance/quality control (QA/QC) program. Blank, duplicate and standard samples were inserted into the sample sequence sent to the laboratory for analysis. New Placer Dome detected no significant QA/QC issues during review of the data. Nevada Sunrise is not aware of any drilling, sampling, recovery or other factors that could materially affect the accuracy or reliability of the data referred to herein.
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by
About Nevada Sunrise
Nevada Sunrise is a junior mineral exploration company with a strong technical team based in
The Company's key gold asset is a 20% interest in a joint venture with New Placer Dome Gold Corp. (TSXV: NGLD) at the
Kinsley Mountain is a Carlin-style gold project hosting a National Instrument 43-101 ("N.I. 43-101") compliant gold resource consisting of 418,000 indicated ounces of gold grading 2.63 grams/tonne ("g/t") gold (4.95 million tonnes), and 117,000 inferred ounces of gold averaging 1.51 g/t gold (2.44 million tonnes), at cut-off grades ranging from 0.2 to 2.0 g/t gold1.
1 Technical Report and updated estimate of mineral resources on the |
Nevada Sunrise has right to earn a 100% interest in the
Nevada Sunrise owns 100% interests in the Jackson Wash and Gemini lithium projects, both of which are located in
FORWARD LOOKING STATEMENTS
This release may contain forward–looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and include disclosure of anticipated exploration activities. Although the Company believes the expectations expressed in such forward–looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward–looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward–looking statements whether as a result of new information, future events or otherwise.
Neither
SOURCE
© Canada Newswire, source