16:05:34 EST Sun 09 Nov 2025
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Eminent Gold Corp
Symbol EMNT
Shares Issued 76,507,442
Close 2025-09-04 C$ 0.32
Market Cap C$ 24,482,381
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Eminent to begin next drill phase at Hot Springs

2025-09-04 18:32 ET - News Release

Mr. Paul Sun reports

EMINENT MOBILIZES FOR PIVOTAL DRILL PHASE AT HSRP

Eminent Gold Corp. has engaged True North Drilling, a Nevada-based contractor with deep expertise in Great basin mineral systems, to execute the next phase of diamond core drilling at the Otis target, part of its Hot Springs range project. This marks a strategic step forward in advancing Eminent's pipeline of multi-Tier 1 gold targets across Nevada. A project-wide gravity survey has recently been completed and is currently under interpretation. The company expects to formally announce the commencement of drilling and final targeting details shortly, pending results from the gravity survey.

The maiden drill program at HSRP delivered encouraging results with grades up to eight grams per tonne gold (see table), confirming gold mineralization and supporting the company's exploration model in a previously untested corridor within the Hot Springs range. The project lies across a basin from the Getchell trend, one of Nevada's most prolific gold-producing districts with a legacy of high-grade deposits. While not adjacent, HSRP shares regional structural characteristics with this prolific trend, supporting the company's belief in the broader potential of this underexplored area. The coming drill phase will build on this momentum, with gravity data revealing the most prospective zones within the system and laying the groundwork for district-scale exploration at HSRP.

Paul Sun, president and chief executive officer of the company, commented: "Our maiden drill program at HSRP confirmed a new gold-bearing system in previously untested terrain across the basin. This next phase of drilling is a critical step toward advancing the Otis discovery, where we believe the northeast structure may be the source of mineralization intercepted earlier -- potentially indicative of a Carlin-style deposit.

"Eminent holds a portfolio of high-conviction, discovery-driven gold projects across Nevada: HSRP, Celts and Gilbert South. Within HSRP, there are three high-priority areas -- Otis, Eden and Sitka. These targets share key geological traits with Turquoise Ridge and Twin Creeks. This opportunity emerged from applying new concepts in a prolific, gold-endowed region of the USA and has the potential to deliver considerable discoveries."

All scientific and technical information in this news release has been prepared by, or approved by, Michael Dufresne, PGeo. Mr. Dufresne is an independent qualified person for the purposes of National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

Cautionary statement

References to nearby districts such as the Getchell trend are for geological context only and should not be construed as indicating mineralization on Eminent's properties.

About Eminent Gold Corp.

Eminent Gold is a gold exploration company focused on creating shareholder value through the exploration and discovery of world-class gold deposits in Nevada. Its multidisciplinary team has had multiple successes in gold discoveries, and brings expertise and new ideas to the Great basin. The company's exploration assets in the Great basin include: the Hot Springs range project, Gilbert South and Celts.

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