PriceSensitive

Crestview Exploration (CSE:CRS) releases sampling results from Nevada

Mining
CSE:CRS
09 November 2022 12:30 (EDT)

Source: Crestview Exploration Inc.

Crestview Exploration (CRS) is releasing results from the latest surface sampling program at its Rock Creek Gold Project.

Recent work brings the total number of batches collected during the 2022 program at the project in Elko County, Nevada to 97.

One additional sample batch remains.

The sampling program has demonstrated widespread anomalous gold and silver, including eight samples with greater than 30 grams per tonne of gold and two with greater than 0.5 grams per tonne.

Sampling focused on epithermal quartz veins exposed in outcrop and historic prospect pits.

The Calgary-based mineral resource company anticipates receiving the remainder of the 2022 sample assays in the next several weeks and having an updated geology, structure, and alteration map in the same time frame. 

Samples include both chip and grab, primarily from outcropping quartz veins; chip samples were collected using a rock hammer. 

“The sampling results continue to indicate a widespread gold and silver system. Taken together with the 2021 mapping and sampling results at Divide and the historic production at Falcon, we are optimistic that we could be targeting a significant and widespread gold and silver system,” said Vice President of Exploration Justin Lowe.

Crestview Exploration is unchanged, trading at $0.11 at 11:18 am ET.


Related News