Initial Exploration Results at Agai-Pah Property
Reno, Nevada — Canyon Gold Corp. (OTCQX Markets: NGLD) excitedly unveils significant findings from the first phase of exploration at its Agai-Pah Property. This property is part of the company’s broader Accelerator properties, positioned within the rich geological formations of Northern Nevada.
Impressive Silver Grades Discovered
The initial sampling conducted at the Agai-Pah Property yielded outstanding results, unveiling silver concentrations as high as 1829 g/t (58.8 oz/t) from a mineralized vein visible on a surface outcrop. The exploration team collected multiple samples from strategic surface exposures, focusing on mineralized shear zones and quartz veins. Among these, five samples demonstrated particularly notable silver values, reflecting the rich mineral potential of the area.
Summary of Initial Prospecting Phase
Phase I of the exploration program around Agai-Pah comprised several activities, including reconnaissance prospecting and detailed geological mapping. These efforts will provide modern insights that are essential for planning the subsequent Phase II exploration later in the year. This initial phase was crucial in validating previous geological assessments and sampling methods conducted historically on the property.
Property Overview and Mining History
Spanning 162 hectares (400 acres), the Agai-Pah Property is represented by 20 unpatented mining claims. It nestles within the topography of the Gillis Range, which lies within a well-known mining district. The property is conveniently located near essential infrastructure and maintains year-round access, making it a prime target for exploration.
Rich Historical Mining Activity
The Agai-Pah Property has a rich history of mining activities, featuring several underground workings, adits, declines, and prospect pits. Previous mining efforts have uncovered a variety of minerals, including silver, copper, and gold, signaling the property’s potential for further development. Notably, mining activities occurred in the early 1900s and later in the 1980s, during which time at least 15 adits and multiple shafts were excavated.
Potential for Future Discoveries
This relatively unexplored site is positioned adjacent to numerous past-producing mines, indicating its prospectivity for new mineral discoveries. The proximity to known deposits underscores the Agai-Pah Property's potential while its under-explored status presents an exciting opportunity for further exploration.
About Canyon Gold Corp.
Nevada Canyon Gold Corp. stands out as a leading natural resource company in the United States, with headquarters in Reno, Nevada. The company's strategic assets include a diverse portfolio within renowned mining districts that are characterized by high-grade historical mining outputs. With comprehensive infrastructure and a focus on sustainable mining practices, Nevada Canyon Gold Corp. operates on a three-pronged model: mineral royalty creation, exploration financing, and project acceleration.
For Additional Information
For any inquiries or further details, please connect with:
Corporate Communications
Larry Heuchert
Tel: 1-888-909-5548 Ext. 2
Email: ir@nevadacanyongold.com
Web: www.nevadacanyongold.com
Frequently Asked Questions
What were the results from the Agai-Pah Property exploration?
The exploration revealed up to 1829 g/t of silver from surface outcrops, signaling high mineral potential.
What is the size of the Agai-Pah Property?
The Agai-Pah Property spans 162 hectares (approximately 400 acres) and includes 20 unpatented mining claims.
What minerals are present at the Agai-Pah Property?
The property contains deposits of silver, copper, gold, and several other minerals based on historical mining activities.
When will further exploration take place?
The next phase of exploration (Phase II) is scheduled for later in the year, following the successful completion of Phase I.
How can someone get more information about Nevada Canyon?
For additional details, individuals can contact the company's Corporate Communications through the provided email address or visit their website.
