The Conversation (0)
Nevada Sunrise Gold Corporation (TSXV:NEV) has completed its ground geophysical surveys at the Roulette Gold Project in White Pine County, Nevada. SJ Geophysics Ltd. of Delta, B.C. conducted the 17.0 line kilometre, Volterra 3-D Induced Polarization survey in the northern part of Roulette, as well as a magnetic survey on the same survey lines.
There are no known previous ground or airborne geophysical surveys in the public record, and any historical drilling on the Roulette Project. Roulette shows geological similarities to the Alligator Ridge gold deposits, now part of Barrick Gold’s Bald Mountain gold mine, located about 36 kilometers to the west.
As quoted in the press release:
The conceptual target at Roulette is Carlin-type gold deposits, which are observed to be sediment-hosted, with disseminated gold. Gold is commonly micron-sized, and is associated with hydrothermal alteration of carbonate host rocks. Nevada Sunrise believes that Roulette is under-explored – there are no known ground or airborne geophysical surveys in the public record, and any historical drilling is unconfirmed as to drill hole location, footage or results.
The 2015 ground geophysical surveys by SJ Geophysics Ltd. of Delta, B.C., consisted of:
A 17.0 line kilometre, Volterra 3-D Induced Polarization (“3DIP”) survey in the northern part of Roulette intended to map the geophysical properties, resistivity and chargeability of the subsurface rocks, and an additional 3.4 kilometres of reconnaissance 2-D lines in the southern half of the Project;
A magnetic survey on the same survey lines to assist in the mapping of geological structures that may be present at Roulette.The 2015 ground surveys were focussed in an approximate 1,500 metre-long area covering two jasperoid outcrops (“Parlay” and “Gambit”) known from historical prospecting and mapping, one of which is mineralized. The Parlay jasperoid was sampled in August 2014 by Nevada Sunrise and returned 4.44 grams/tonne gold over a sample length of 3.30 metres (10 feet), and 1.05 grams/tonne gold over a sample length of 2.64 metres (8 feet).
A plan map of the 2015 surveys can be viewed at https://files.newswire.ca/1407/NEVRoulettemap.pdf or on the Company’s website at https://www.nevadasunrise.ca/projects/roulette/.
The receipt of a 3-D model of the survey results is expected before the end of May 2015. Nevada Sunrise is planning a multi-element geochemical survey over the geophysical survey grid during the 2ndQ 2015 to test for gold-in-soil anomalies and other pathfinder elements. Nevada Sunrise will integrate the geochemical and geophysical results, and select targets for a future drilling program, if warranted.
Click here to read the Nevada Sunrise Gold Corporatio (TSXV:NEV) press release
Click here to see the Nevada Sunrise Gold Corporatio (TSXV:NEV) profile.