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Emgold Mining Corporation: Emgold s Partner Kennecott Exploration Expands Diamond Drill Program at the New York Canyon Copper Property, NV

VANCOUVER, BC / ACCESSWIRE / June 1, 2021 / Emgold Mining Corporation (TSXV:EMR)(OTC PINK:EGMCF)(FRA:EMLM)(BSE:EMLM) ("Emgold" or the "Company") is pleased to announce that Kennecott Exploration Company

Emgold s Partner Kennecott Exploration Expands Diamond Drill Program at the New York Canyon Copper Property, NV

Emgold s Partner Kennecott Exploration Expands Diamond Drill Program at the New York Canyon Copper Property, NV
tennesseedaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tennesseedaily.com Daily Mail and Mail on Sunday newspapers.

Emgold Announces Partner Kennecott Exploration Is Commencing Drill Program at the New York Canyon Coppery Property in Nevada

Emgold Announces Partner Kennecott Exploration Is Commencing Drill Program at the New York Canyon Coppery Property in Nevada
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Emgold Announces Partner Kennecott Exploration Is Commencing Drill Program at the New York Canyon Coppery Property in Nevada

Emgold Announces Partner Kennecott Exploration Is Commencing Drill Program at the New York Canyon Coppery Property in Nevada
tennesseedaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tennesseedaily.com Daily Mail and Mail on Sunday newspapers.

Emgold Mining Corporation: Emgold Announces Partner Kennecott Exploration Is Commencing Drill Program at the New York Canyon Coppery Property in Nevada

Emgold Mining Corporation: Emgold Announces Partner Kennecott Exploration Is Commencing Drill Program at the New York Canyon Coppery Property in Nevada Emgold or the KEX ), a subsidiary of Rio Tinto plc (RIO), is commencing a drilling program at the New York Canyon Property, Nevada (the Property ). The Property is subject to an Earn-In with Option to Joint Venture Agreement (the Agreement ) between Emgold and KEX. Kennecott can earn up to a 75% interest in the Property by completing up to US$22.5 million in exploration expenditures (see Emgold s February 11, 2020 press release available at www.emgold.com or under Emgold s corporate filings at www.sedar.com for more details). Under the terms of the Agreement, KEX has a First Option to acquire a 55% undivided interest in the Property by incurring US$5.0 million in expenditures over a 5-year period, of which US$1.0 million is a committed expenditure that must be completed prior to the 18 month anniversary of the Agreement.

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