Eminent Gold (EMNT.V) started drilling at its Hot Springs Range Project in Humboldt County, Nevada, it said Monday.
The 10,000-meter reverse circulation program is expected to help expand testing across multiple fault zones within the Hot Springs Range structural corridor, the company said in a news release.
The 2026 drill program includes 14 RC holes at the Otis target and an initial Phase 1 that will consist of up to five RC holes at the Eden target, Eminent said.
"This drill program is designed to expand on the gold already intersected at Otis to determine how far the gold mineralization may extend," said Chief Executive Officer Dan McCoy. "The program will also initially test our stand-alone, highly prospective 3-kilometer-long Eden target."
The company's shares were last seen up C$0.03 to C$0.58 on the TSX Venture Exchange.
Price: $0.58, Change: $+0.03, Percent Change: +5.45%