Element79 Gold (CSE:ELEM) CEO Michael Smith says the company is actively engaging drill contracts, ahead of advancing the Gold Mountain Project’s first modern exploration campaign.
This news comes after the company completed phase one field operations at Gold Mountain in Nevada. The program included rehabilitation and improvement of existing access roads, extension of project road infrastructure, and construction of permitted drill pads designed to support the upcoming drilling campaign.
With site access and drill pad construction complete, Element79 has begun the process of soliciting and evaluating bids from qualified drill contractors for the phase one drilling program.
Drilling is designed to test several priority targets identified through the properties NI-43101.
“The project has now transitioned from permitting and infrastructure preparation into a drill-ready asset,” Smith says.
The Gold Mountain Project hosts a large intrusive-related gold system with associated copper, molybdenum, silver, lead and zinc mineralisation. Historical drilling and surface work has shown widespread mineralisation across the project area, which remains largely untested by modern exploration methods.
Element79 Gold is a mining company focused on exploring and developing its portfolio of high-potential gold projects.
Write to Aaliyah Rogan at Mining.com.au
Images: Element79 Gold
