NVGC News November 14, 2013 Nevada Gold Corp t
Post# of 88910
Nevada Gold Corp to Immediately Send a Three-Man Crew to Northern Nevada's Diamond Jim Mine
NEVADA GOLD CORP (OTCQB:NVGC) President Merrill Moses is pleased to report that Nevada Gold Corp is sending a three-man crew to the Diamond Jim Mine, starting the week of November 18th 2013. This initial phase one program will include some limited surface chip and geochemical sampling, as well as the inspection of the openings of the mine shafts. If the weather permits, the crew will also locate and gather samples from the tailings dumps located at the Diamond Jim Mine. This phase one exploration program will help Nevada Gold Corp plan a more in-depth phase two exploration program scheduled for 2014. President Merrill Moses says, "We are excited to get our crew on the Diamond Jim property as soon as we can, in hopes of confirming the findings from pervious exploration programs."
The Diamond Jim Mine in Elko County consists of 35 claims and is located in northeastern Nevada, 20 miles (32 km) south of the Idaho border, 69 miles (111 km) north of the city of Elko and 260 miles (418 km) northeast of the city of Reno. The property lies on the easterly end of the northeast-trending Midas trend, one of Nevada's several important epithermal gold belts. The Midas trend hosts a number of significant to world-class gold districts such as Midas-Ken Snyder Mine and the Jerritt Canyon Mine (recently produced its 8 millionth ounce of gold). The mines produce mainly from epithermal vein systems favorable for small but profitable high-grade operations and "Carlin-type" sediment-hosted deposits amenable to large-scale open-pit bulk mining.
About Nevada Gold Corp
Nevada Gold Corp (OTCQB:NVGC) is a publicly traded US exploration company focused on precious metals targets in the gold rich area of North Eastern Nevada. To date, Nevada State has produced over 200 million ounces of gold with Nevada accounting for almost 84% of the US annual gold production. Most recently the company has a acquired an option to earn a 75 percent interest in the former producing silver/lead and gold mine called the Diamond Jim Mine located in Northern Nevada State.
Nevada Gold Corp plans to conduct an initial surface exploration program as well as seek a permit to reopen the old mine workings to verify pervious exploration results. In addition to the Diamond Jim property the company also has an option on another gold property located in Nevada's Long Canyon Gold Trend.
Company Website: http://www.nvgoldcorp.net
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