- NSJ Gold (NSJ) has begun exploration drilling at its Golden Hills Project
- The project is located 40 kilometres south of Parker, Arizona
- The program will consist of 10-14 drill holes to test the extent of previously discovered high-grade gold and copper veins
- Drilling is expected to be completed in approximately two weeks
- NSJ Gold is up 3.33 per cent on the day, with shares trading at C$0.31 at 12:38 am ET
NSJ Gold (NSJ) has begun exploration drilling at its Golden Hills Project.
The project is located 40 kilometres south of Parker, Arizona.
The program will consist of 10-14 drill holes to test the extent of previously discovered high-grade gold and copper veins and additional vein targets indicated by a recently conducted geophysical survey.
Alford Drilling of Spring Creek, Nevada is drilling the holes. Work will be done using a reverse circulation (RC) rig. The drill holes will be angled across the near vertical vein targets with the average depth being 75-90 meters.
Samples will be collected on 1.5-meter intervals, standard samples added and securely stored. When drilling is complete, the samples will be shipped to ALS Chemex in Tucson, Arizona for gold, silver and copper analysis.
Drilling is expected to be completed in approximately two weeks.
NSJ Gold holds an option to acquire a 100 per cent interest in the Golden Hills Project, subject to a three-per-cent net smelter returns royalty.
The property consists of seven patented claims and 94 unpatented mining claims covering a total of 1,970 acres. The company’s business objective is to explore for gold and copper mineralization on the property.
The company has also hired Simone Capital for investor relations services. It will provide consulting services consisting of investor relations and corporate communications using its propriety data base to contact.
NSJ Gold is up 3.33 per cent on the day, with shares trading at C$0.31 at 12:38 am ET.
