NV Gold Releases Assay Results from Triple T Gold Project; New Findings Confirm Expanding Gold Mineralization in Nevada’s Humboldt Range

Figure 1: Triple T Gold Project General Location Map. Source: NV Gold

NV Gold (TSXV:NVX) has released assay results from its recently completed Reverse Circulation (RC) Drill Program at the Triple T Gold Project in the Humboldt Range, Nevada. The Project’s location is 7 kilometres east of the Rochester silver-gold operation and 42 kilometres southeast of the Florida Canyon Gold Mine.

John Watson, Chairman of NVX, commented in a press release: “Our recent successful drilling at Triple T, combined with detailed geologic mapping and structural interpretation has illuminated new targets and expanded dimensions for this project. Recent sampling of numerous outcropping quartz veins north of the drilling area has the potential to enlarge the mineralized zone even further. We are very pleased with the results of the program and are excited about the potential of the project going forward.”

Figure 2: Triple T Oxide Mineralization and 2023 Drill Intercepts (cut-off>0.1 g/t Au). Source: NV Gold

The program included 14 shallow RC drill holes, totaling 719.3 meters, in the northern-most of the three target areas. The majority of these drill holes intersected one or more near-surface mineralized quartz veins. Some of the notable findings include up to 4.57 meters averaging 2.40 g/t Au in hole TT-9 and 9.14 meters averaging 1.39 g/t Au in hole TT-11.

Recent drilling and mapping have also confirmed the presence of a regional low-angle thrust plane (shear zone) that controls the Triple T gold mineralization over a strike length of up to 5 kilometers, with the possibility of further extensions beneath cover rocks. The North Target area measures 250 by 400 meters and remains open in several directions.

NV Gold now plans to conduct geophysical (Induced Polarization (IP)) investigations to identify potentially larger erosion-protected targets along the structural gold corridor. The aim is to explore further underneath the carbonate unit to the east (Upper Limestone), expanding the knowledge of gold mineralization in the area.

Figure 3: Triple T Lithology and Sampling. Source: NV Gold
Figure 4: Triple T Conceptual Targets. Source: NV Gold

 

 

 

 

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.
Matthew Evanoff

I specialize in the mining industry, focusing on top global mining stocks. My reporting covers the latest industry news, company/project developments, and profiles of key players. With a degree in finance and economics from the University of Toronto, I've contributed to a wide range of industry publications. Beyond my professional pursuits, I have a keen interest in global business and a love for travel.

By Matthew Evanoff

I specialize in the mining industry, focusing on top global mining stocks. My reporting covers the latest industry news, company/project developments, and profiles of key players. With a degree in finance and economics from the University of Toronto, I've contributed to a wide range of industry publications. Beyond my professional pursuits, I have a keen interest in global business and a love for travel.

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