Renewal Of Exploration Permit At Surselva Gold ProjectVANCOUVER - NV Gold Corporation reported that the…
Major Anomalies At The Bradley Peak And South Pass Gold Camps
Major Anomalies At The Bradley Peak And South Pass Gold Camps
VANCOUVER – Relevant Gold Corp. reported on the 2023 airborne magnetics geophysical survey flown by the Wyoming Geological Survey (WSGS) and US Geological Survey (USGS). The regional survey covered the Company’s entire 16,000-hectare portfolio of projects and reveals structural and geological detail far surpassing existing mapping (figure 1). Importantly, some of the most prominent anomalies highlighted by the survey are major structures at South Pass and Bradley Peak gold camps (Figure 2). The survey shows patterns very similar to those of Canada’s Abitibi Gold Province and provides strong support for the Company’s exploration thesis that Wyoming has Abitibi-style geology and gold potential.
The overall results show strong similarities to the Abitibi Gold Province, especially the Red Lake, Hemlo, and Canadian Malartic districts. Magnetic data highlight the major Archean orogenic structures of Wyoming that coincide with historical mining districts. The magnetic data agree very well with the Company’s detailed mapping. Two most prominent structural/magnetic anomalies are at South Pass and Bradley Peak camps. Secondary structures revealed at both South Pass & Bradley Peak camps coincide with known high-grade gold occurrences. The magnetics support Relevant Gold’s target concepts and show where to tighten targets at South Pass. The strength of the 100 km2 Bradley Peak anomaly strongly encourages expediting drill permitting.
“The superb detail revealed by this government-sponsored survey is a huge step forward in understanding Wyoming’s Archean geology, mirroring what’s seen in Canada’s prolific Abitibi Gold Province. A big thank you to the State of Wyoming and USGS for investing in mineral resource development in the state,” said Brian Lentz, Chief Exploration Officer. “These initial processed results really strengthen Wyoming’s connections to the Abitibi while showing that South Pass and Bradley Peak lie on Wyoming’s structural Main Street – giving us some of the best discovery opportunities in the state. We look forward to more detailed processing of the data to see what else it can show us, but Bradley Peak appears to be a monster 100 km2 structural trap which coincides closely with high-grade targets we recently generated; we look forward to accelerating exploration there.â€
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