16:41:32 EDT Mon 16 Mar 2026
Enter Symbol
or Name
USA
CA



Eminent Gold Corp
Symbol EMNT
Shares Issued 78,476,752
Close 2026-03-13 C$ 0.66
Market Cap C$ 51,794,656
Recent Sedar+ Documents

Eminent Gold to drill up to 10,000 m at Hot Springs

2026-03-16 12:24 ET - News Release

Mr. Dan McCoy reports

EMINENT SIGNS DRILL CONTRACT FOR 10,000M RC DRILL PROGRAM AT HSRP

Eminent Gold Corp. has signed a drilling contract with the well-respected, Nevada-based Alford Drilling LLC to conduct a reverse circulation (RC) drilling program of a minimum 5,000 metres and up to 10,000 metres at the Otis target within the 100-per-cent-owned Hot Springs Range project (HSRP), located approximately 15 kilometres northwest of the prolific Getchell trend in Nevada -- home to major high-grade Carlin-style deposits including Turquoise Ridge and Twin Creeks. Drilling is expected to commence on or around April 15, 2026.

The program will focus on testing the extensions of mineralization encountered in previous drilling as well as new, previously untested areas.

RC drilling will provide quicker turnaround on results and a lower-cost-per-metre compared with previous core drilling methods, with the company planning to utilize the photon assaying technique as a faster, environmentally friendly alternative to fire assays. This should further accelerate assay reporting.

This upcoming drill campaign builds on encouraging results from prior exploration, including a new discovery diamond drill intercept in hole HSC005 of 9.2 metres grading 3.2 grams per tonne Au (fire assay total gold), as previously reported (news release dated Jan. 6, 2026).

Positive shaker leach tests support visual indications that the mineralization type is indeed oxide. The company views this as a significant milestone that enhances the attractiveness of this intercept and justifies expanding the drill program with the aim of potentially delineating an oxide resource of economic value.

Dan McCoy, president and chief executive officer, stated:

"We are very excited to commence this discovery-expansion RC drill program at Otis. Not only will it build on our recent breakthrough intercepts, but we will also get to test nearby fault intersections that are similar in orientation to gold-bearing fault intersections at the nearby Getchell trend.

"The company is currently well financed for this program and is looking at scaling its exploration programs throughout 2026. We are eager to expand its exploration drilling to our HSRP Eden target -- along the anomalous corridor at the northeast end of the property, which has a three-kilometre geochemistry gold signature along a fault -- and to begin our inaugural drill program at the Celts project, located in the prolific Walker Lane trend, in the coming months.

"We are also very happy to be working with Steve Alford of Alford Drilling, who has 48 years of experience in Nevada. Members of our technical team have drilled with Alford Drilling before and report that they are a fast, efficient company with an award-winning safety culture."

Quality assurance/quality control/limitations of study

All samples from the intercept were assayed by Paragon Geochemical in Reno, Nev., using (1) a 30-gram pulp split fire assay with aqua regia digestion and AAS finish, and (2) a one-hour, room-temperature cyanide solution leach on a 10 g pulp split (shaker leach test) with AAS finish. While not conclusive due to the limited sample size, the assays from each method yielded comparable results. The assays of the intercept are supported by a rigorous QA/QC program, including blanks, standards and duplicates.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Michael Dufresne, PGeo, independent consultant, who is a qualified person as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

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: Hot Springs Range, Celts and Gilbert South.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.