Nevada Gold Mines

Ridgeline Minerals Intersects Wenban Formation and Drills 0.22 g/t Gold and 860 g/t Silver over 0.2 Meters at the Swift Project, Nevada

Wednesday, January 13, 2021 - 1:30pm

Data from the Phase I program will aid in vectoring towards higher grade gold targets in Ridgeline's 2021 Phase II drill program.

Key Points: 
  • Data from the Phase I program will aid in vectoring towards higher grade gold targets in Ridgeline's 2021 Phase II drill program.
  • SW20-001 & SW2-002 intersected Lower Plate carbonate host rocks interpreted as the Wenban and Roberts Mountains formation starting at 425 m vertical depth.
  • Significance - The Wenban formation had not previously been intersected with historic drilling at Swift and is considered the primary gold host (see Swift Stratigraphic Section ) to the Nevada Gold Mines owned Cortez Complex (34.8 Moz.
  • Notable examples include the Nevada Gold Mines, (a joint venture between Barrick Gold and Newmont Mining Corp.) owned Goldstrike, Pipeline, Cortez Hills and Goldrush deposits.

Drilling Underway at Fremont's North Carlin Gold Project

Wednesday, January 13, 2021 - 1:00pm

Vancouver, British Columbia--(Newsfile Corp. - January 13, 2021) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTCQB: FRERF) ("Fremont" or the "Company") is pleased to announce that the drill program at the North Carlin gold project ("North Carlin" or the "Project") has started.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 13, 2021) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTCQB: FRERF) ("Fremont" or the "Company") is pleased to announce that the drill program at the North Carlin gold project ("North Carlin" or the "Project") has started.
  • Boart Longyear's drill rig in action at the Coyote claim block, North Carlin, looking north.
  • The Company has identified several high-priority drill targets at North Carlin based on soil geochemistry, gravity and magnetic surveys, and the projection of key faults that control gold mineralization in the Carlin Trend.
  • North Carlin is approximately 6 km north of and on-strike of Nevada Gold Mines/Premier Gold Mines' South Arturo mine, where recent drilling intersected 39.6 metres of 17.11 g/t gold3, and 12 km northwest of Nevada Gold Mines' Goldstrike mine, which hosts 11.1 million ounces gold in the measured and indicated category2.