- Evergold Corp. (EVER) reports “excellent progress” from the past few months towards drilling at its high-grade gold-silver Rockland Property in Nevada
- A survery on the Rock East area is underway focusing on expansion of known mineralization zones
- A detailed survey over the property has been completed, as well as a 3D model of the eastern gold zone
- A plan of operations draft for phase 1 drilling at Rockland East has been drawn up
- The property offers excellent resource definition potential and considerable exploration
- Evergold Corp. (EVER) is up 4.35 per cent trading at $0.12 per share as of 11:56 a.m. EST
Evergold (EVER) has reported, “excellent progress” towards drilling at its high-grade gold-silver Rockland Property in Nevada.
Execution of a 21 line-kilometre survey over Rockland East is underway. The survey is designed to expand upon previous coverage which has shown the data for delineating structural relationships associated with known zones of mineralization.
A detailed 1,096 line-kilometre drone airborne magnetic survey over the entire property has been completed, as well as a 3D model of the eastern gold zone.
900 soil samples and 98 new rock samples, assays have been taken, and have highlighted anomalies and trends associated with and extending beyond both the Rockland West and East prospect areas.
The company is staking additional claims to double the size of the Rockland land package to 1,062 hectares.
A plan of operations draft for phase 1 drilling at Rockland East has been drawn up. It is encompassing 11,000 metres of drilling in 29 holes, currently under review by permitting authorities. The receipt of this permit is anticipated by mid-year.
The west side of the property hosts the historical small-scale Rockland Mine, with an estimated 50,000 ounces of gold-silver grading as high as 2.8 ounces per ton gold equivalent was produced.
The east side of the property hosts a deeper zone of mineralization. Historical drilling on the Rockland East zone returned highly encouraging results with all holes achieving drill intercepts. Many of the Rockland East holes bottomed in gold mineralization.
Evergold Corp. (EVER) is up 4.35 per cent trading at $0.12 per share as of 11:56 a.m. EST.