Gold

Explorer Begins Drilling at Nevada Asset Bordering Gold Main’s Prolific Mine

This program will mark the start of the exploration of the massive structural space situated north of the undertaking of the opposite firm.

Gold Customary Ventures Corp. (GSV: TSX.V; GSV: NYSE) has launched a drilling program on its Lewis Nevada undertaking, the group stated in a press launch.

The corporate will drill 4 1,555-meter (1,555-meter) holes on this 5,340-acre asset situated within the Battle Mountain mining district, looking for high-value targets. The Lewis property comprises "identified mineralized zones and potential for brand spanking new discoveries of gold and silver," the assertion stated.

Two holes, the primary ever made on this space, will goal host rocks within the Antler sequence, alongside the Buena Vista-Meagher Hall, north of Newmont Mining's Phoenix Mine.

The opposite two holes will take a look at whether or not the Virgin deposit is in a shallow oxide extension situated east, about 700 m north of the Phoenix open pit. "The Virgin Fault is a management of mineralization within the Phoenix Mine, and structural management and mineralization proceed north alongside the Gold Customary Mission," the assertion stated. Gold Customary will begin making ready a useful resource estimate for Virgin.

The corporate intends to capitalize on the strategic worth of Lewis sharing a border with Phoenix. As such, Lewis might present Phoenix with extra gold sources and leeway to develop the mine to succeed in a higher quantity of its personal ore.

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