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USA
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NV Gold Corp (2)
Symbol NVX
Shares Issued 88,745,454
Close 2023-06-15 C$ 0.055
Market Cap C$ 4,881,000
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NV Gold completes drilling at Triple T

2023-06-19 11:15 ET - News Release

Mr. John Watson reports

NV GOLD ANNOUNCES COMPLETION OF ITS DRILL PROGRAM AT THE TRIPLE T GOLD PROJECT IN NEVADA

NV Gold Corp. has completed its 720-metre drilling program on its 100-per-cent-owned Triple T project in Nevada as previously announced Jan. 25, 2023. The completion of this reverse circulation drilling represents the continuation of the company's recent work to expand and confirms mineralization first identified in wide-spaced drilling by the company in 2009.

Highlights of the recent drilling include:

  • 20 metres of reverse circulation drilled in 14 shallow drill holes in three target areas;
  • Intersection of several near-surface mineralized quartz veins;
  • Confirmation of low-angle thrust plane and identification of controls of mineralization;
  • North target area now measures 200 by 500 metres and remains open to the north and south as well as down dip to the east.

John Watson, chairman of NV Gold, stated: "The extent of mineralization observed in this program reinforces the potential scale of the gold system at Triple T. We have identified a low-angle thrust plane as a possible control of mineralization and now can envision the potential of additional, down-faulted extensions of the system to the east. Assay results are expected to be returned by early August. The company plans to amend its current drill permit to enlarge the program to test targets to the north and east as budgets permit."

About NV Gold Corp.

NV Gold is a well-organized exploration company with approximately 89 million shares issued and no debt. The company is based in Vancouver, B.C., and Reno, Nev., and is focused on delivering value through mineral discoveries in Nevada, United States, leveraging its expansive property portfolio, its highly experienced in-house technical team and its extensive, searchable geological data library.

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