Nevada Sunrise Gold Corporation, a development-stage junior gold exploration company, has announced highly encouraging results from its ongoing reverse circulation and core drilling program at its wholly owned Kinsley Mountain gold project, which is located in Nevada.
According to the company, the drilling activity at the Kinsley Mountain project has yielded 15.3 grams/tonne gold over a 32.3 metre (m) interval, with an average grade of 1.51 grams/tonne gold (g/t Au). These impressive over-length intervals demonstrate higher grade continuity and potential of the Kinsley Mountain gold project.
The Kinsley Mountain project, which covers 5,952 hectares (ha) in the northern part of the Northern Nevada Rift, is located approximately 134 kilometres (km) north-northeast of the city of Elko in Elko County. The project has a good regional geology base, with a structural corridor to the south and alluvial playa to the north.
The project is expected to produce both near-surface oxide and deeper primary gold targets. The current drilling program is aimed at establishing the continuity of mineralized structures in this area and finding new gold-bearing targets that will form the basis of a future resource estimation.
The two-rig exploration program is ongoing and results will be announced when ready. The first batch of assays from the Main Zone has revealed broad mineralization in both the Reverse Circulation (RC) and diamond drill (DD) holes.
The company is moving ahead with its plans to drill at least six traverses in the Main Zone to demonstrate the continuity of the mineralization as well as testing other possible zones of mineralization present at Kinsley Mountain.
The encouraging results reported by Nevada Sunrise Gold Corporation have put Kinsley Mountain gold project on the map of exploratory gold projects across the nation. With the strong preliminary results and its ongoing exploration and development program, it is expected that the project has potential to become a notable gold producer in the years to come.