This latest staking secures an important extension of the emerging new Carlin-type oxide gold system discovery at HSRP, positioned parallel to the prolific Getchell Trend — home to major high-grade Carlin-style deposits including Turquoise Ridge and Twin Creeks¹. The new claims target the Eden Corridor, where recent gravity survey results (see Figure 2) confirm a much larger and continuous structural corridor than previously recognized, extending southwest from the high-priority Eden target. Supporting data includes a 3 km long gold-in-soil anomaly (defined by CSAMT surveys and soil sampling through pediment cover), with geochemical signatures and structural architecture closely mirroring world-class Getchell Trend deposits, including robust thrust faults intersecting deep crustal feeders — the same controls observed at Turquoise Ridge and at the Company's Otis discovery hole.
Following gravity confirmation of the scale, continuity, and strength of these fault corridors, the Company moved quickly to secure the entire anomalous trend before further competitive activity.
Dan McCoy, President and CEO, stated:
"As we advance this new oxide Carlin-style discovery within our HSRP property, we have acquired key claims based on the geological data and prospectivity collected to date. The Eden area has long been a high-priority focus, and this move ensures we control the key ground in this promising new trend in Nevada."
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by Michael Dufresne, P.Geo., an Independent Consultant, who is a Qualified Person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
Cautionary Statement
References to nearby districts such as the Getchell Trend are for geological context only and should not be construed as indicating mineralization on Eminent's properties.
ON BEHALF OF THE BOARD OF DIRECTORS
Dan McCoy
CEO & Director
Website: www.eminentgoldcorp.com
Twitter: @eminent_gold
LinkedIn: www.linkedin.com/company/eminent-gold-corp/
About Eminent Gold
Eminent Gold is a gold exploration company focused on creating shareholder value through the exploration and discovery of world-class gold deposits in Nevada. Its multidisciplinary team has had multiple successes in gold discoveries and brings expertise and new ideas to the Great Basin. The Company's exploration assets in the Great Basin include: Hot Springs Range, Gilbert South and Celts.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain statements that may be deemed "forward-looking statements" with respect to the Company within the meaning of applicable securities laws. 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. Forward-looking statements made in this news release include the anticipated completion of the private placement and the use of proceeds from the private placement. Although Eminent Gold Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, including the assumption that records and reports of historical work are accurate and correct, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, the Company's ability to raise sufficient capital to fund its obligations under its property agreements going forward, to maintain its mineral tenures and concessions in good standing, to explore and develop the Company's projects or its other projects, to repay its debt and for general working capital purposes; changes in economic conditions or financial markets; the inherent hazards associated with mineral exploration and mining operations, future prices of gold, silver and other metals, changes in general economic conditions, accuracy of mineral resource and reserve estimates, the ability of the Company to obtain the necessary permits and consents required to explore, drill and develop the Company's projects and if obtained, to obtain such permits and consents in a timely fashion relative to the Company's plans and business objectives for the projects; the general ability of the Company to monetize its mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company's operations, compliance with environmental laws and regulations, aboriginal title claims and rights to consultation and accommodation, dependence on key management personnel and general competition in the mining industry. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
SOURCE Eminent Gold Corp.
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