Nevada Sunrise Metals (TSX-V:NEV) CEO Warren Stanyer says the company has taken the first step to determine gold mineralisation presence at the Fivemile Project in Nevada, after completing an ionic leach soil survey.
The company collected 300 samples and delivered them to ALS Global Laboratories in Reno, Nevada.
“We are pleased that the survey was carried out so quickly and look forward to layering the results with the interpreted geology and geophysical signatures at Fivemile,” Stanyer says.
Nevada Sunrise raised nearly C$1.04 million ($1.06 million) earlier this month, after completing tranche one of a private placement. The funds will be used for mineral exploration and option payments across its project portfolio.
Nevada Sunrise Metals is a junior explorer based in Vancouver, Canada.
The Fivemile Project consists of 266 unpatented mineral claims on Bureau of Land Management land totalling 5,496 acres.
Write to Aaliyah Rogan at Mining.com.au
Images: Nevada Sunrise Metals
