Nevada Exploration Inc. provided its January update from the ongoing exploration program at its South Grass Valley Carlin-type gold project. Specifically, the Company reported that: Current drill hole SGVC013 has entered Paleozoic lower-plate bedrock, and is currently at 630 metres drilling through the Goodwin Formation towards the Clm unit that hosts the Company's primary East Golden Gorge target; SGVC013 appears to currently be drilling through the Water Canyon structural corridor, the sampling of which is an important objective for the drill hole; Drilling was halted for two weeks due to technical and mechanical issues that have now been resolved (drilling resumed January 29, 2022); and During January, the Company finished a 50-square-kilometre passive-seismic geophysical survey, the data from which will be analyzed with the goal of improving the structural resolution of NGE's geologic model at the Project.
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- Nevada Exploration Inc. Provides January 2022 Update on South Grass Valley Carlin-Type Gold Project