- Riley Gold (RYLG) is announcing new high-grade gold and silver samples at its Tokop Gold Project
- The Tokop Gold Project is located in Esmeralda County, Nevada
- The surface rock samples include up to 19.3 grams per tonne of gold and 970 grams per tonne of silver
- Exploration work to date on the program has included mapping, sampling and geological review and interpretation of previous work
- Riley Gold is up 19.23 per cent on the day, with shares of the company trading at C$0.31 at 9:58 am ET
Riley Gold (RYLG) is announcing new high-grade gold and silver samples at its Tokop Gold Project.
The Tokop Gold Project is located in Esmeralda County, Nevada.
The surface rock samples include up to 19.3 grams per tonne of gold and 970 grams per tonne of silver.
Exploration work to date on the program has included mapping, sampling and geological review and interpretation of previous work conducted at the project.
The remaining 116 additional surface rock samples have returned assays, from trace to significant high-grade material.
“We are very pleased with the additional results of our surface sample program at Tokop. These results demonstrate grade potential for both gold and silver at Tokop, as well as size potential of the mineralized system with surface rock samples extending 1.83 km from NW to SE and 3.62 km SW to NE. The results from the sampling program have confirmed the locations for our drilling campaign which is due to start within the next seven days,” said Riley Gold President and CEO Todd Hilditch.
The project potentially hosts a Reduced Intrustion-related Gold System (RIRGS), similar to large mines in the Tintina Gold Belt of central Alaska and contiguous parts of the Yukon.
Riley Gold is a mining exploration and development company focused in Nevada. The company’s primary focus is on its two cornerstone assets: the Tokop Gold Project and the Pipeline West/Clipper Project located in the Battle Mountain Eureka Trend.
Riley Gold is up 19.23 per cent on the day, with shares of the company trading at C$0.31 at 9:58 am ET.
