- NSJ Gold (NSJ) announced the company is expanding its claim block its Golden Hills Project in Arizona
- The new block contains 20 unpatented lode claims totalling 162 hectares or 400 acres
- The new block is contiguous with the original block of claims and includes ground covered by alluvium
- The thin alluvium layer cover conceals any mineral potential in the area
- NSJ Gold is up 16.67 per cent with shares trading at C$0.24 at 10:57 am ET
NSJ Gold (NSJ) announced the company is expanding its claim block its Golden Hills Project in Arizona.
The new block contains 20 unpatented lode claims totalling 162 hectares or 400 acres.
The new block is contiguous with the original block of claims and includes ground covered by alluvium.
The thin alluvium layer cover conceals any mineral potential in the area.
To the southeast of the new claim block, structures containing copper oxides can be seen trending northwest. To date, all major mineralized structures at the project have trended northwest.
NSJ Gold holds an option to acquire a 100 per cent interest in the Golden Hills Project, subject to a 3 per cent net smelter returns (NSR) royalty. The property is located 100 miles west of the Kay mine and 80 miles south of the Moss Mine. The Property consists of seven patented claims and 114 un-patented mining claims covering a total of 2,370 acres.
NSJ Gold is up 16.67 per cent with shares trading at C$0.24 at 10:57 am ET.