Subscribe
Be the first with the news that moves the market- Eminent Gold (EMNT) has completed a geophysics survey at its Meadow Canyon target
- Paul Sun, CEO of Eminent Gold Corp., joined the Market Herald’s Sabrina Cuthbert to discuss this news
- Results identify a conductivity anomaly that occurs coincident at the intersection of inferred feeder faults at a caldera margin, which is analogous to mineralization at the 23 Moz Round Mountain mine 13 km to the west of Meadow Canyon
- Multiple geophysical anomalies were identified that spatially correlate with previously identified structural targets
- Eminent Gold Corp. (EMNT) opened trading at C$0.435
Eminent Gold (EMNT) has completed a geophysics survey at its Meadow Canyon target.
Results identify a conductivity anomaly that occurs coincidentally at the intersection of inferred feeder faults at a caldera margin, which is analogous to mineralization at the 23 million oz Round Mountain mine 13 km to the west of Meadow Canyon. The company’s ongoing plan of operations will prioritize the exciting targets confirmed by this survey.
The Controlled-Source Audio-Frequency Magnetotellurics (CSAMT) yielded 3D data of the subsurface across the entire 5.6 square kilometre Meadow Canyon area. Multiple geophysical anomalies were identified that spatially correlate with previously identified structural targets.
The team identified three clear targets:
- A strong conductivity anomaly at the intersection of the Meadow Canyon and relay fault
- A conductivity anomaly is associated with an overlying resistivity anomaly that coincides with the Meadow Canyon fault.
- A resistivity anomaly along the Jefferson Canyon caldera margin
Paul Sun, CEO of Eminent Gold Corp., joined the Market Herald’s Sabrina Cuthbert to discuss this news.
“The geophysics results at Meadow Canyon confirmed our technical team’s thesis of a strong conductivity target at the structural intersection of the inferred feeder faults that our 2021 pathfinder soil geochemistry vectored toward. This evidence strengthens our resolve to push forward with the permitting process and continue our collaboration with the USFS and stakeholders to permit drilling at Meadow Canyon as we are another step closer to determining if we have a system analogous to the 23 million oz Round Mountain mine.”
Eminent Gold Corp. (EMNT) is a gold exploration company focused on the exploration and discovery of world-class gold deposits in Nevada. The company’s exploration assets in the Great Basin include Hot Springs Range Project, Weepah, Gilbert South, and Spanish Moon District.
Eminent Gold Corp. (EMNT) opened trading at C$0.435.
