NevGold Unveils New High-Grade Mineralization at Zeus Project
Significant Discoveries at NevGold's Zeus Copper Project
Exciting developments are unfolding at NevGold Corp. as it announces further high-grade copper, gold, and silver mineralization found at the surface of its Zeus Copper Project. Located in the promising Hercules Copper District, this discovery emphasizes the project's strong potential for copper porphyry deposits. As revealed in their latest sampling results, NevGold has validated the presence of significant mineralization at the Zeus site.
Exciting Sampling Results
The sampling results have been overwhelmingly positive, showcasing remarkable grades of copper, gold, and silver that underscore the Zeus Copper Project's potential. Here are some key results from the recent sampling campaign:
- ZRS-22: 3.79% Cu, 0.412 g/t Au, 18.6 g/t Ag
- ZNR-05: 2.19% Cu, 0.393 g/t Au, 26.1 g/t Ag
- ZRS-23: 1.93% Cu, 0.936 g/t Au, 24.9 g/t Ag
- APF: 0.05% Cu, 1.03 g/t Au, 114 g/t Ag, 468.5 g/t Mo
- ZNR-06: 0.71% Cu, 0.106 g/t Au, 17.3 g/t Ag
- ZRS-12: 0.17% Cu, 1.64 g/t Au, 3.6 g/t Ag
These results highlight not only the copper potential but vast opportunities for gold and silver extraction, positioning NevGold favorably in the competitive landscape of mineral exploration.
Comparison with Hercules Metals Corp.
The similarities between the Zeus Project and the Hercules Metals Corporation’s recent copper porphyry discovery are striking. Both projects exhibit comparable geological features and promising surface sample results, further validating the exploration potential in the Hercules Copper District. This alignment creates an exciting context for future explorations.
Exploration Activities and Future Plans
NevGold has embarked on comprehensive exploration activities, including soil sampling over undrilled target zones such as Thorn Springs and Poseidon. The results from these assessments are highly anticipated, as they will provide critical insights into the potential for significant copper-gold-molybdenum structural corridors. Moreover, geophysical programs are set to roll out in the upcoming quarters, aimed at enhancing the understanding of subsurface structures.
CEO Remarks on Recent Progress
Brandon Bonifacio, the CEO of NevGold, expresses his optimism regarding the results, stating, "The initial sampling at Zeus reinforces our vision for this project. The data collected through our extensive soil survey will aid in unearthing even more copper porphyry targets in the Hercules Copper Trend. As we gear up for the summer field exploration season, we are thrilled to have our strongest targets situated on Bureau of Land Management ground, which expedites our permitting process for drilling operations.”
Ongoing Studies and Mapping
Greg French, VP of Exploration, also highlighted the advancement of NevGold's exploration efforts. He shared insights from the surface geochemical sampling and mapping, reiterating the presence of multiple copper target areas. The findings are further supported by significant hydrothermal activity observed at the Thorn Springs and Poseidon areas. NevGold's strategy involves integrating rock chip and soil sample results with geological mapping to shape an effective geophysical program.
Identified Target Areas and Their Potential
The ongoing evaluation of the Zeus Project revealed several prospective target areas:
- Thorn Springs: Displays high-grade results, with individual samples reflecting up to 3.79% copper, indicating a robust mineralization center.
- Poseidon: This newly recognized target presents an exciting opportunity with samples showing impressive grades of 2.52% copper and 1.03 g/t gold.
- Iron Mountain, Abundance, and Mortimer: Each of these areas shows promising mineralization, warranting further investigations.
The targeted geological features across these areas suggest a significant potential for economic mineral deposits, driving NevGold's exploration enthusiasm.
Planned Activities for 2025
Looking ahead, NevGold is dedicated to rigorous exploration strategies through 2025, which include:
- Conducting geological database reviews (completed)
- Continued geological mapping (in progress)
- Surface soil geochemical sampling (pending assay results)
- Preparation for geophysics including Induced Polarization (IP) and magnetics
- Drilling targeted copper locations (conditional on preceding activities)
These activities aim to establish a comprehensive understanding of the Zeus Project’s mineralization potential, enhancing the operational strategy and focusing on sustainable exploration practices.
Frequently Asked Questions
What is unique about the Zeus Copper Project?
The Zeus Copper Project is located in the Hercules Copper District and has shown promising high-grade mineralization results, offering excellent copper, gold, and silver potential.
What were the highest grades found in the recent sampling?
The highest samples yielded 3.79% copper, 0.412 g/t gold, and significant silver grades, indicating the project’s strong mineralization potential.
What exploration activities are planned for 2025?
NevGold plans to conduct further geological studies, soil sampling, geophysical evaluations, and drilling of previously identified targets throughout 2025.
How does NevGold ensure the quality of its sampling?
NevGold’s sampling is supervised by geologists, with a thorough chain of custody monitored from collection to analysis to ensure high-quality and reliable results.
How does the Zeus Project relate to the Hercules Project?
Both projects, Zeus and the Hercules Project, exhibit similar geological features and mineralization patterns, suggesting shared copper porphyry characteristics that enhance exploration potential.
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