Core Insights - The latest intercept indicates that HSRP is developing as a Carlin-type gold trend, similar to the Getchell Trend, known for high-grade gold deposits [1] - The company has appointed Dan McCoy, Ph.D., as President and CEO, who has extensive experience in gold exploration and development [2] - The fourth hole (HSC005) has shown significant high-grade oxide gold mineralization, marking a breakthrough for the project [3] Exploration and Drilling Results - HSC005 intersected 9.2 meters of gold mineralization at an average grade of 3.2 g/t, with higher grades of 5.4 g/t over 0.9 meters [4] - The geological interpretation of HSC005 reveals it penetrated the Little Humboldt fault, encountering intense hydrothermal alteration [5] - All four completed core holes have intersected oxide-hosted gold mineralization, supporting the potential of the 10 km structural corridor [8] Geological and Alteration Insights - The alteration process involved two main stages: ductile deformation and brittle events associated with gold mineralization [6] - The presence of significant alteration in the footwall of the Little Humboldt fault indicates a robust hydrothermal fluid system [7] Future Plans - The company plans to transition to faster, lower-cost reverse-circulation drilling in 2026 to explore open targets at the Otis prospect and other high-priority targets [8] - The geological model has been validated, allowing for more aggressive exploration strategies moving forward [8] Company Overview - Eminent Gold is focused on gold exploration in Nevada, aiming to create shareholder value through the discovery of world-class gold deposits [12]
Eminent Intercepts 9.2m @ 3.2 g/t Au and Appoints Dan McCoy as President and CEO
Prnewswire·2026-01-06 12:30