U.S. Gold Corp. commences Autumn 2018 drilling program at the Keystone Project, Cortez Trend, Nevada
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- U.S. Gold Corp. will drill up to 16,000 feet (approx. 5,000m) in approximately 8 holes
- This program will assess a number of previously inaccessible targets because of previous permitting limitations
- Identification, qualification, and prioritization of these targets were determined by means of detailed surface geology, geochemistry, and geophysics and expert knowledge of Carlin-type deposits
- This target evaluation has been in progress for almost three years by the U.S. Gold Corp. exploration team, and now multiple targets will be tested before the end of the year
U.S. Gold Corp. (NASDAQ: USAU - http://www.commodity-tv.net/c/search_adv/?v=298583), a gold exploration and development company, is pleased to announce the commencement of the Autumn 2018 drilling program at its 20 square mile, Keystone project, in Nevada?s Cortez Trend. packages to the sizeable deposits at the north of the Cortez Trend), hosting anomalous to multiple gram gold intervals associated with very anomalous and thick intervals of pathfinder metals. The Autumn 2018 drilling program will now provide a first test to some of the most compelling targets on the Keystone project.
Dave Mathewson, U.S. Gold Corp.?s Vice President of Exploration, states: ?We are very pleased to finally move forward with the assessment of these Keystone drill targets.
The Autumn 2018 drill target sites, designated by Pdh #, have been identified, vetted, prioritized, and presented in numerical order, see attached figure:
http://usgoldcorp.gold/2018-targets-map.jpg
The following provides a brief summary description of these prioritized drill targets:
Pdh-1: Priority #1 - Sophia target test, approximately 1000 feet north of previous drill holes, of Carlin-style gold mineralization in Wenban at the intersection of a N35+/-W and N60W fault zone with strongly anomalous gold and pathfinder metals in surface soils and rock chip samples.
/> 3-gram gold/ton near surface.
in soils and some rock samples.
/> 20-gram gold/ton, ever obtained in the district.
n gold and pathfinder metals.
intersection of broad N60W trending hills and N25-25W gravity linears.
Dave Mathewson continues: ?Our exploration team is very much looking forward to this drilling assessment of the more apparent and compelling targets that we have, up to this time, identified on the Keystone project.
About U.S. Gold Corp.
U.S. Gold Corp. is a publicly traded U.S.-focused gold exploration and development company. U.S. Gold Corp. has a portfolio of development and exploration properties. Copper King is located in Southeast Wyoming and has a Preliminary Economic Assessment (PEA) technical report, which was completed by Mine Development Associates.www.usgoldcorp.gold.
Forward-looking and cautionary statements
Forward-looking statements in this press release and all other statements that are not historical facts are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including the planned drilling program, the anticipated results of the program and future work programs. use actual results in future periods to differ materially from such statements. www.sec.gov.
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Datum: 06.11.2018 - 03:15 Uhr
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News-ID 1543589
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