Nevada Exploration Inc. is pleased to announce that, based on the results of its 2019 summer field program, it has updated and enlarged its geologic model for the mineral system at South Grass Valley , and that the Company believes the mineral system at the Project has the architecture and scale to support multiple Carlin-type gold deposits , with the potential to host an entire new district. Furthermore, NGE’s [...]
Nevada Exploration Inc. is pleased to announce that it has closed a non-brokered private placement offering , pursuant to which it has issued 1,688,888 units at a price of $0.225 per Unit, for gross proceeds of approximately $380,000. 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 [...]
Nevada Exploration Inc. is pleased to provide its stakeholders with an update on its June 2019 exploration activities. Since beginning its 2019 field program at South Grass Valley , the Company has completed drill hole SGVC009 to a depth of 621 metres, and is now drilling hole SGVC010, which is located 500 metres northwest of SGVC009. Preliminary logging has confirmed that the significant Carlin-type geologic features [...]
Nevada Exploration Inc. is pleased to announce that it has commenced its 2019 field program at its South Grass Valley Project . NGE plans to use a combination of diamond core drill holes, reverse circulation drill holes, and soil sampling to add geologic, geochemistry, and stratigraphic information, both within and beyond the limits of its recently-completed Phase 1 drilling program, with the objectives of: establishing [...]
Nevada Exploration Inc. is pleased to present the results from its recently-completed 4,000-metre core drilling program at its South Grass Valley Project , where, as previously announced, the Company has discovered a large mineralized Carlin-type hydrothermal system, successfully achieving the objective of the Phase 1 drilling program. By integrating the geologic logging and assay results from the eight, wide-spaced [...]
Nevada Exploration Inc. is pleased to announce that it has closed the previously announced private placement offering , pursuant to which it has issued 7,752,645 units at a price of $0.275 per Unit, for gross proceeds of $2,131,977, an increase of 1,752,645 Units from the 6,000,000 Units contemplated in the news release dated April 2, 2019. Commenting on the financing, NGE’s President, James Buskard: “The [...]
Nevada Exploration Inc. announces a non-brokered private placement offering of up to 6,000,000 units at a price of $0.275 per Unit , for total gross proceeds of up to $1,650,000. 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 $0.50 [...]
Nevada Exploration Inc. is pleased to welcome Simon Griffiths as a Technical Advisor. Simon is an economic geologist with 28 years of mineral exploration experience with major mining companies around the world. Most recently, Simon spent the past 10 years working with Barrick Gold Corp., providing technical leadership on a global scale as Chief Geochemist, Global, and then Chief Geologist, South America. As Chief [...]
Nevada Exploration Inc. is pleased to report the next round of results from its drilling program at its South Grass Valley Project , where the Company’s early, wide-spaced drill holes continue to intersect characteristic Carlin-type gold deposit geologic controls, together with anomalous and highly-anomalous CTGD pathfinder element concentrations over a target area at least 3,000 metres along strike. Nevada [...]
Nevada Exploration Inc. is pleased to announce that the results of a mercury soil sampling program combined with the results of its earlier hydrogeochemistry sampling program have extended the geochemistry support for its NNW-trending target at South Grass Valley another 1,500 metres beyond the 2,500 meters established based on the results of its ongoing drilling program, for a total of 4,000 metres, which still remains [...]
Nevada Exploration Inc. is pleased to provide an update from its ongoing core drilling program at South Grass Valley, including assay results from drill hole SGVC005 and early logging from hole SGVC006. As wide-spaced step-outs, SGVC005 and SGVC006 now establish that the thick intervals of favourable “lower-plate” carbonate host rocks exhibiting intense hydrothermal-alteration and significant concentrations of [...]
Nevada Exploration Inc. is pleased to announce that it has closed the previously announced private placement offering, pursuant to which it has issued 2,632,000 units at a price of $0.25 per Unit, for gross proceeds of $658,000, an increase of 632,000 Units from the 2,000,000 Units contemplated in the news release dated January 8, 2019. Proceeds from the Offering will be used to continue core drilling at the [...]
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