Eminent Gold expands Hot Springs Range property

Executive Summary

• Eminent Gold Corp. has expanded its Hot Springs Range project (HSRP) in Nevada by staking 370 new hectares, bringing the total land package to 4,311 hectares.
• The expansion targets the Eden corridor, a prospective area parallel to the prolific Getchell trend, following significant oxide gold intercepts at the nearby Otis discovery.
• Recent geological data, including gravity surveys and gold-in-soil anomalies, indicate a larger and continuous structural corridor with characteristics mirroring world-class Carlin-type deposits.

Key Details

• Land Acquisition: Staked 370 new hectares at the 100%-owned Hot Springs Range project (HSRP) in Humboldt County, Nevada.
• Total Land Package: The expansion brings the total HSRP land package to 4,311 hectares.
• Strategic Location: The new claims secure the Eden corridor, positioned parallel to the Getchell trend, which hosts major high-grade Carlin-style deposits such as Turquoise Ridge and Twin Creeks.
• Geological Context: The expansion follows the announcement of a significant oxide gold intercept at the Otis discovery (9.2 metres at 3.2 grams per tonne gold).
• Survey Results:
  • Gravity survey results confirm a much larger and continuous structural corridor than previously recognized, extending southwest from the high-priority Eden target.
  • Identified a three-kilometre-long gold-in-soil anomaly defined by CSAMT surveys and soil sampling through pediment cover.
• Geological Similarities: Geochemical signatures and structural architecture closely mirror world-class Getchell trend deposits, including robust thrust faults intersecting deep crustal feeders, similar to controls observed at Turquoise Ridge and the Otis discovery hole.
• Company Rationale: Management moved quickly to secure the anomalous trend based on gravity confirmation of the scale, continuity, and strength of fault corridors to prevent competitive activity.

Notable Quotes

• Dan McCoy, President and CEO: "As we advance this new oxide Carlin-style discovery within our HSRP property, we have acquired key claims based on the geological data and prospectivity collected to date. The Eden area has long been a high-priority focus and this move ensures we control the key ground in this promising new trend in Nevada."