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

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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Mining & Metals20d ago

Eminent Gold Higher After Reporting Positive Survey Results at Hot Springs Project in Nevada

Eminent Gold (EMNT.V) reported Tuesday "positive" results from a seismic survey at its Hot Springs Range Project (HSRP) in Nevada.The company said the new related images are helping it refine understanding of the subsurface structures that control where gold is deposited in Carlin-type systems as it prepares for its next drill program, scheduled to begin in the coming weeks."This study represents another key building block in our targeting work at HSRP. We are currently completing the processing of our newly acquired magnetic dataset, and once finalized, we will integrate all geophysical data with geochemical results and drilling to optimize our 2026 HSRP drill program, which begins in the coming weeks," said President and Chief Executive Dan McCoy."The reverse-circulation drilling, combined with photon assay, will provide continuous assays throughout the summer as we work to expand the significant emerging oxide Carlin-style discovery at HSRP. We also plan to test our high-priority Eden target, as well as our Celts project, both of which have the potential to deliver additional new discoveries in Nevada."Shares were up $0.02 or 3.5% at $0.60.Price: $0.60, Change: $+0.02, Percent Change: +3.45%

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