slumber inn

Drilling Commences at the Slumber Gold Project, Humboldt County, Nevada

NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) ("NV Gold" or the "Company") is pleased to announce that drilling has commenced at the 100% controlled Slumber Gold Project ("Slumber") located approximately 50 miles northwest of Winnemucca, Humboldt County, Nevada, USA. Drilling at Slumber will encompass up to 1,500 m in 6-8 RC drill holes

"Drilling commenced today at the Slumber Gold Project, targeting a potential shallow oxide gold system that was newly identified in our late-2020 program." commented John Watson, President and CEO of NV Gold. This marks the third phase of drilling at Slumber, with continuing progress on the property. The mineralization at Slumber is almost entirely obscured by gravel cover, making exploration challenging. This drilling marks the beginning of a multi-project drilling campaign, expected to continue through Q4 and perhaps into Q2-2022. For additional information on the Slumber program plans, please refer to the Company's press release dated 9-7-2021.

"NV Gold is entering a new stage of exploration where discoveries will be built on the foundation of a strong and aggressive Project Execution Pipeline. The new strategy of turning our focus away from the over-explored and drilled-tested mountain ranges and "trends" towards the pediment and obscured, undercover targets will pave the Company's pathway to discovery," commented Thomas Klein VP Exploration.

On behalf of the Board of Directors,

John E. Watson
President & CEO

For further information, visit the Company's website at www.nvgoldcorp.com or contact:
Freeform Communications at 604.245.0054

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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.

SOURCE: NV Gold Corporation



View source version on accesswire.com:
https://www.accesswire.com/669385/Drilling-Commences-at-the-Slumber-Gold-Project-Humboldt-County-Nevada

News Provided by ACCESSWIRE via QuoteMedia

The Conversation (0)
TSXV:NVX

NV Gold

Focused Gold Exploration in Nevada

Focused Gold Exploration in Nevada Keep Reading...
Boundiali Resource Grows to 3Moz - Indicated Up 49%

Boundiali Resource Grows to 3Moz - Indicated Up 49%

Aurum Resources (AUE:AU) has announced Boundiali Resource Grows to 3Moz - Indicated Up 49%Download the PDF here. Keep Reading...
High-grade Assays incl 4m @ 26.7g/t Au in Sandstone Drilling

High-grade Assays incl 4m @ 26.7g/t Au in Sandstone Drilling

Brightstar Resources (BTR:AU) has announced High-grade assays incl 4m @ 26.7g/t Au in Sandstone drillingDownload the PDF here. Keep Reading...
High-Grade Gold in Initial White Dam Drilling Results

High-Grade Gold in Initial White Dam Drilling Results

Pacgold (PGO:AU) has announced High-Grade Gold in Initial White Dam Drilling ResultsDownload the PDF here. Keep Reading...
Standing gold bar in front of stacks of gold bars. Words read "5 Top Canadian Mining Stocks This Week."

Top 5 Canadian Mining Stocks This Week: Belo Sun is Radiant with 109 Percent Gain

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.On Tuesday (February 17) Canadian Prime Minister Mark Carney announced the creation of... Keep Reading...
TSX and TSXV website on phone screen.

Gold and Silver Stocks Dominate TSX Venture 50 List

This year's TSX Venture 50 list showcases a major shift in sentiment toward the mining sector. The TSX Venture 50 ranks the top 50 companies on the TSX Venture Exchange based on annual performance using three criteria: one year share price appreciation, market cap growth and Canadian... Keep Reading...
Ole Hansen, investment graphics.

Ole Hansen: Next Gold Target is US$6,000, What About Silver?

Ole Hansen, head of commodity strategy at Saxo Bank, believes US$6,000 per ounce is in the cards for gold in the next 12 months; however, silver may not enjoy the same price strength. "If gold moves toward US$6,000, I would believe that ... silver at some point will struggle to keep up, and... Keep Reading...

Interactive Chart

Latest Press Releases

Related News