Nevada Exploration Inc. is pleased to announce that it has signed a Letter of Intent with Austin Gold Corp. , led by former Pretium Resources Inc. CEO Joe Ovsenek, for an earn in and joint venture agreement on its district-scale Kelly Creek Project within the Kelly Creek Basin in north-central Nevada. Under the LOI, Austin would have the right to earn a 51% interest in the joint venture by spending $5,000,000 over four [...]
Nevada Exploration Inc. is pleased to report that the recently-completed reverse-circulation drilling program at its South Grass Valley Project has focused the Company’s search for new Carlin-type gold deposits to a mineralized corridor, which the Company believes is the potential common fluid source for three of the four target areas that the program was designed to advance. Having used RC drilling to [...]
Nevada Exploration Inc. is pleased to provide an update regarding its reverse-circulation drilling program at its South Grass Valley Carlin-type gold project . Since beginning the program in January 2020, the Company has completed the first of its two planned drilling cycles at all four of its initial targets, and has begun the second cycle of drilling at its Golden Gorge and Freddie targets. NGE is pleased to share that [...]
Nevada Exploration Inc. is pleased to provide an update regarding its ongoing reverse-circulation drilling program at its South Grass Valley Carlin-type gold project . Since beginning the program in January 2020, the Company has completed the first of two planned drilling cycles at three of its targets, for a total of approximately 3,600 meters, for which the Company has now received and begun to review assay results for [...]
Nevada Exploration Inc. is pleased to announce that it has closed a non-brokered private placement offering , pursuant to which it has raised gross proceeds of $1.085M CAD through the issuance of 4,931,819 units at a price of $0.22 CAD per Unit. Each Unit consists of one common share in the capital of the Company and one-half of one Common Share purchase warrant , with each whole Warrant entitling the holder to acquire an [...]
Nevada Exploration Inc. is pleased to provide an update regarding its ongoing reverse-circulation drilling program at its South Grass Valley Carlin-type gold project . Shortly after beginning the program on January 6, 2020, the Company mobilized a second drill rig to the Project, and has now drilled a total of 2,146 metres. Based on preliminary geologic logging, the Company is pleased to report that the additional drill [...]
Nevada Exploration Inc. is pleased to announce that it has commenced its 2020 drilling program at its South Grass Valley Project . As described in detail in the Company’s November 15, 2019, news release and accompanying video , NGE has designed a 9,500-metre reverse-circulation drilling program to achieve specific objectives at four targets at the Project , with clear definitions for success at each. An RC drill rig [...]
Nevada Exploration Inc. is pleased to announce that it has closed a non-brokered private placement offering, pursuant to which it has issued 1,850,000 units at a price of $0.20 CAD per Unit, for gross proceeds of $370,000 CAD. Each Unit consists of one common share in the capital of the Company and one-half of one Common Share purchase warrant, with each whole Warrant entitling the holder to acquire an additional Common [...]
Nevada Exploration Inc. is pleased to announce that it has closed its previously announced non-brokered private placement offering , pursuant to which it has issued 5,625,000 units at a price of $0.20 CAD per Unit, for gross proceeds of $1,125,000 CAD. Commenting on the financing, NGE’s President, James Buskard: “As we shared in our South Grass Valley Project update news release last month, based on continued [...]
Nevada Exploration Inc. announces that the Company plans to increase the size of its previously announced financing up to 5,625,000 units at a price of $0.20 CAD per Unit , for total gross proceeds of up to $1,125,000 CAD. Each Unit will consist of one common share in the capital of the Company and one-half of one Common Share purchase warrant , with each whole Warrant entitling the holder thereof to acquire an additional [...]
Nevada Exploration Inc. announces a non-brokered private placement offering of up to 5,000,000 units at a price of $0.20 CAD per Unit , for total gross proceeds of up to $1,000,000 CAD. Each Unit will consist of one common share in the capital of the Company and one-half of one Common Share purchase warrant , with each whole Warrant entitling the holder thereof to acquire an additional Common Share at an exercise price of [...]
Nevada Exploration Inc. is pleased to present its planned drilling program to advance the four Carlin-type gold targets it has identified at its South Grass Valley Project . Guided by its latest geologic model, Nevada Exploration has designed a 9,500-metre, 23-hole reverse-circulation drilling program to achieve specific objectives at each of the four targets, with clear definitions of success. As outlined in the [...]
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