- Crestview Exploration (CRS) has begun phase 1 drilling at its Cimarron Gold Prospect
- The Cimarron project is located in the San Antonio Mountains of Nye County, Nevada
- The project comprises 53 un-patented lode mining claims, including control of 6 historically producing claims
- The nine-hole drill program will test a historic resource in the area of the historic San Antonio mine
- Crestview Exploration is up 3.57 per cent, trading at C$0.58 per share at 9:46 am ET
Crestview Exploration (CRS) has begun phase 1 drilling at its Cimarron Gold Prospect.
The Cimarron project is located in the San Antonio Mountains of Nye County, Nevada, and is comprised of 53 unpatented lode mining claims, including control of 6 historically producing claims associated with the historic San Antonio mine.
The phase 1 drill program is expected to include nine holes.
The drill program will be testing a historic resource in the area of the historic San Antonio mine.
The targeted areas for phase 1 drilling received significant attention in the 1980’s, with an approximately 50,000-ounce shallow oxide gold resource outlined but never extracted.
The phase 1 drill program is focused on validating and expanding on the historic resource by drilling a selection of twin holes to greater depths than the former operators.
“I am happy to report a smooth start and excited about this first program at Cimarron. The historic assay data in the area we are drilling is very encouraging, and I anticipate similar results. We will also be drilling the property to greater depths than the historic drilling, and I am hopeful that we can extend the resource at depth,” said Crestview Vice President of Exploration Justin Lowe.
Additional upcoming activity planned at the Cimarron gold prospect includes mapping, geophysics, and surface sampling at both the core claim area and the recently staked expansion.
Crestview Exploration is up 3.57 per cent, trading at C$0.58 per share at 9:46 am ET.