TSXV: NEV Nevada Sunrise Gold Corporation announced today that it has granted a total of 2,500,000 stock options to directors, officers and consultants of the Company, exercisable at a price of $0.125 per share for a period of five years from the date of grant. The options have been granted in accordance with the Company's stock option plan. About Nevada Sunrise Nevada Sunrise is a junior mineral exploration company ...

TSXV: NEV

Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSXV: NEV) announced today that it has granted a total of 2,500,000 stock options to directors, officers and consultants of the Company, exercisable at a price of $0.125 per share for a period of five years from the date of grant. The options have been granted in accordance with the Company's stock option plan.

About Nevada Sunrise

Nevada Sunrise is a junior mineral exploration company with a strong technical team based in Vancouver, BC , Canada , that holds interests in gold, copper, cobalt and lithium exploration projects located in the State of Nevada, USA .

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 Gold Project ("Kinsley Mountain") near Wendover where an extensive drilling program concluded in late November 2020 .  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 gold 1 .

1 Technical Report and updated estimate of mineral resources on the Kinsley Project, Elko County, Nevada, U.S.A., effective January 15, 2020 and prepared by Michael M. Gustin, Ph.D., CPG, Moira Smith, Ph.D., P.Geo. and Gary L. Simmons, MMSA under New Placer Dome Gold Corp.'s Issuer Profile on SEDAR ( www.sedar.com ).

Nevada Sunrise has right to earn a 100% interest in the Coronado VMS Project, located approximately 48 kilometers (30 miles) southeast of Winnemucca . The Company owns a 15% interest in the historic Lovelock Cobalt Mine and the Treasure Box copper property, each located approximately 150 kilometers (100 miles) east of Reno , with Global Energy Metals Corp. (TSXV: GEMC) holding an 85% participating interest. Nevada Sunrise owns 100% interests in the Jackson Wash and Gemini lithium projects, both of which are located in Esmeralda County . The Company owns Nevada water right Permit 44411, located within the Clayton Valley basin near Silver Peak, Nevada , and water right Permit 86863 in the Lida Valley basin.

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.

Such factors include, among others, risks related to the interpretation and actual results of historical exploration at its mineral exploration properties, reliance on technical information provided by third parties on any of our exploration properties, including access to historical information on its properties, current exploration and development activities; changes in project parameters as plans continue to be refined; current economic conditions; future prices of commodities; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labor disputes and other risks of the mining industry; delays in obtaining governmental approvals, financing or in the completion of exploration, as well as those factors discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for the Three Months Ended December 31, 2020 , which is available under Company's SEDAR profile at www.sedar.com .

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release. The Securities of Nevada Sunrise Gold Corporation have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to the account or benefit of any U.S. person.

SOURCE Nevada Sunrise Gold Corporation

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2021/03/c8796.html

News Provided by Canada Newswire via QuoteMedia

New Break Resources

New Break Acquires Gold-Mineralized Esker Claim in Kivalliq Region, Nunavut

New Break Resources Ltd. ("New Break" or the "Company") is pleased to announce that it has acquired the 1,408 hectare, gold-mineralized Esker Claim, adjacent to the Company's Noomut claims and located on the eastern shore of South Henik Lake in Kivalliq Region, Nunavut, approximately 179 km northwest of Arviat (the "Esker/Noomut Gold Project"). The Esker Claim was staked on-line through the new Nunavut Map Selection System at a cost of $3,285 after it came open for staking and hosts a 1997 drill intercept of 2.35 g/t Au over 70.95 metres, drilled by Comaplex Minerals Corp. ("Comaplex").

Keep reading... Show less
Equity Reports 2.3 Metres Averaging 604g/t AgEq in the Western Step-out Drilling at the Camp Vein Target, Silver Queen Project, BC

Equity Reports 2.3 Metres Averaging 604g/t AgEq in the Western Step-out Drilling at the Camp Vein Target, Silver Queen Project, BC

Equity Metals Corporation (TSXV: EQTY) ("Equity") reports today further High-grade Silver drill intercepts in western and down dip step-outs of the Camp Vein target, Silver Queen Project, BC.

New highlight intercepts include:

Keep reading... Show less
Nexus Gold Expands Dakouli 2 Gold Concession, Burkina Faso, West Africa

Nexus Gold Expands Dakouli 2 Gold Concession, Burkina Faso, West Africa

(TheNewswire)

Nexus Gold Corp.

Vancouver, Canada - TheNewswire December 7, 2021 - Nexus Gold Corp. (" Nexus " or the " Company ") (TSXV:NXS ) ( OTC:NXXGF ) ( FSE:N6E) is pleased to report that it has received confirmation from the Government of Burkina Faso's Ministre de L'Energie des Mines et Les Carriers that its application for expanding the Dakouli 2 permit has been approved.

Keep reading... Show less
Rover Metals Announces Infill and Delineation of the Historic Beaver Zone, at Cabin Gold, NT, Canada

Rover Metals Announces Infill and Delineation of the Historic Beaver Zone, at Cabin Gold, NT, Canada

Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FRA:4X0) (" Rover " or the " Company ") is pleased to report on the Phase 2 Exploration Program at its 100% owned Cabin Gold Project, NT, Canada . The focus of the Phase 2 Exploration Program was to discover and delineate new gold zones along the Bugow Iron Formation, the controlling structure for gold at the Cabin Gold Project. The Company is pleased to announce that it has been able to achieve expansion of the economic gold grades at the historic Beaver Zone. The Beaver Zone is situated roughly 400 meters northwest of the Arrow Zone, which was the focus of the Company's exploration efforts in 2020. In November 2020, the Arrow Zone was delineated as a near surface, 120-meter high-grade ore shoot, open at depth. The Beaver Zone, currently defined as approximately 90 meters in near surface length, is showing potential to extend south-east into the high-grade Arrow Zone, as well as being open to the northwest, and at depth.

Beaver Zone Expansion
The Company is reporting multiple near-surface intercepts of economic gold grades at the Beaver Zone. Highlights of Phase 2 drilling include: new drill hole CL-21-10 which reported 6.4 meters of 4.63 g/t Au (from 42.6m to 49.0m), including 2.6 meters of 7.80 g/t Au ; new drill hole CL-21-15 which reported 5.8 meters of 2.13 g/t Au (from 50.0m to 55.8m); new drill hole CL-21-39 which reported 4.6 meters of 2.21 g/t Au (from 11.0m to 15.6m); and new drill hole CL-21-40 which reported 4.5 meters of 0.84 g/t Au (from 13.8m to 18.3m). The results, both confirm and expand upon, historical drilling at Beaver in the 1980s, and have returned higher grades than historical results . The historical drill holes and new holes can be referenced in the drill plan for the Beaver Zone below. A table of significant Beaver Zone drill results greater than 0.5 g/t Au listed by hole and interval can be found at the bottom of this release.

Keep reading... Show less
Alianza Minerals and Cloudbreak Discovery Option out the Klondike Property, Colorado, to Allied Copper

Alianza Minerals and Cloudbreak Discovery Option out the Klondike Property, Colorado, to Allied Copper

(TheNewswire)

Alianza Minerals Ltd

Vancouver, BC TheNewswire - December 7, 2021 - Alianza Minerals Ltd. ("Alianza") (TSXV:ANZ ) ( OTCQB:TARSF) and Cloudbreak Discovery Plc ("Cloudbreak") (LSE: CDL) (the " Alliance ") are pleased to announce the optioning of their first project to Allied Copper Corp. ("Allied") (TSX-V: CPR) subject to TSX Venture Exchange approval. The Klondike property (the "Klondike Property"), located in Colorado, United States, consists of 76 unpatented mining claims, a State of Colorado Exploration Permit and an exclusive right to a State lease.

Keep reading... Show less
Gold Mountain Updates Mineral Resource Estimate at the Elk Gold Property

Gold Mountain Updates Mineral Resource Estimate at the Elk Gold Property

Gold Mountain Mining Corp. ("Gold Mountain" or the "Company") (TSX:GMTN)(OTCQB:GMTNF)(Frankfurt:5XFA) is pleased to announce an updated National Instrument 43-101 Mineral Resource Estimate following the conclusion of its Phase 2 drill program at the Elk Gold Project. An updated technical report will be filed on the Company's website and SEDAR within 45 calendar days of this disclosure

Keep reading... Show less

Top News

Related News