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Eminent Gold to Mobilize Drilling at Hot Springs Range Project in Nevada After Delay

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Eminent Gold (EMNT.V) will mobilize drilling at the Hot Springs Range project in Nevada on July 6 following a delay, the company said Monday.

Eminent has been fully prepared to drill since early April, with all drill pads, access roads, and permits in place. The updated start date reflects the contractor's completion of a prior commitment, the company said.

"The company experienced a delay due to increased demand for drill rigs across Nevada, where availability has tightened considerably with the improved gold market," President and Chief Executive Officer Dan McCoy said.

Eminent expects to commence a 10,000-meter program immediately after mobilizing the drill rig.

Price: $0.48, Change: $+0.02, Percent Change: +4.35%

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