Core Viewpoint - Eminent Gold Corp. has signed a drilling contract for a reverse circulation (RC) drilling program of 5,000 to 10,000 meters at the Otis target within the Hot Springs Range Project, with drilling expected to start around April 15, 2026 [1][4]. Drilling Program Details - The drilling program aims to test extensions of previously encountered mineralization and new areas [2][4]. - The planned holes will focus on mineralized zones and are illustrated in the provided figures [2][4]. - RC drilling is expected to provide quicker results and lower costs per meter compared to core drilling methods, utilizing photon assaying for faster and environmentally friendly results [3][16]. Previous Exploration Results - Prior exploration has yielded promising results, including a diamond drill intercept in hole HSC005 of 9.2 meters grading 3.2 g/t Au [4][16]. - Positive shaker leach tests indicate that the mineralization type is oxide, which is seen as a significant milestone for the project [4][16]. Company Statements - Dan McCoy, President and CEO, expressed excitement about the upcoming drill program, emphasizing its potential to expand on recent discoveries and test nearby fault intersections similar to those at the Getchell Trend [5][16]. - The company is well-funded for the program and plans to scale exploration efforts throughout 2026, including drilling at the Eden target and the Celts Project [6][16]. Collaboration and Expertise - The company is collaborating with Alford Drilling, which has 48 years of experience in Nevada, and has a reputation for efficiency and safety [8][16].
Eminent Signs Drill Contract for 10,000m RC Drill Program at HSRP
Prnewswire·2026-03-16 10:30