NV Gold Corporation (TSX-V:NVX, OTC:NVGLF) has announced assay results from the recently completed rock chip sampling program carried out at its 100%-owned Triple T Gold Project in Nevada.
The gold exploration company said 27 rock chip samples were taken, of which 24 returned gold values in the anomalous to high-grade range with five samples between 2.71 grams per tonne (g/t) gold and 9.63 g/t gold.
"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," NV Gold chairman John Watson said in a statement.
"Recent sampling of numerous outcropping quartz veins north of the drilling area has the potential to enlarge the mineralized zone even further," he added.
NV Gold noted that the sample results will help to extend the potential target area by a kilometer to the north of the recently drilled area, and a 'New Zone' with gold values over 2 g/t has been identified southwest of it.
The company added that it is planning to follow up on the gold sample results and will further evaluate the gold mineralization of the New Zone.
NV Gold also stated that in the future it plans to re-evaluate the full gold mineralization potential of this district-scale shear-zone-corridor, which includes the re-evaluation of the historical targets in the south.
An Induced Polarization (IP) geophysical survey is also planned to reveal potentially larger erosion-protected targets to the east, according to the company.
NV Gold has a stated vision of seeking to discover North America’s next multimillion-ounce gold resource through focused exploration activities in Nevada.
Contact Sean at sean@proactiveinvestors.com