NV Gold Identifies Drill Targets at Oasis Gold-Copper Project in Nevada

Vancouver, BC / ACCESSWIRE / August 28, 2024 / NV Gold Corporation (TSXV:NVX) has completed a technical analysis of its 100% owned Oasis gold and copper project in Nevada. The site, located in the Walker Lane belt, shows promise for economic mineral concentrations due to its geological features.

Historic drilling by Centerra Gold in 2010-2011 forms the basis of the report. Fourteen of the drilled holes had gold intercepts above 0.220 ppm, and six contained copper intervals above 300 ppm. The drilling data suggests an exploration target of 17-19 million tons, with gold grades ranging from 0.25 to 0.425 g/t.

John Watson, Chairman and Interim CEO, stated, "The Oasis project has demonstrated both gold and copper potential. The near-surface gold zone is open in several dimensions and could become an economic deposit by itself or within a larger multi-metallic system." Future drilling aims to expand and further define the resource potential.