Bald Eagle Discovers New Zone of Epithermal Mineralization at Hot Springs Project in Nevada
Bald Eagle Gold Corp. is pleased to announce drill results for three of five drill holes received from its winter drilling campaign at the Hot Springs Property in Nevada . Two of the five drill holes intercepted a newly identified zone of gold mineralization . The new zone of mineralization correlates well with the IP geophysics chargeability anomalies identified by the joint venture prior to commencement of the …
Bald Eagle Gold Corp. (” Bald Eagle ” or the ” Company “) (TSXV: BIG) is pleased to announce drill results for three of five drill holes received from its winter drilling campaign at the Hot Springs Property in Nevada (the ” Property “). Two of the five drill holes intercepted a newly identified zone of gold mineralization (hole HS-2020-01 reported; HS-2020-04 pending). The new zone of mineralization correlates well with the IP geophysics chargeability anomalies identified by the joint venture prior to commencement of the drill program. Drilling identified wide intercepts of significant alteration, which display characteristics of a hybridized low-sulphidation epithermal gold system. The majority of historical drilling did not investigate horizons deeper than 100 metres. The average hole depth of this program was approximately 370 metres. Based on these deeper drill results, a new system has been identified. These drill results materially increase the potential to establish a significant gold resource.