Eminent Gold Sets July Drill Start at Nevada Hot Springs Range

The program marks a shift into high-priority exploration after the company completed site preparation, including access roads and permitting, earlier this spring. Crews are returning to the Otis target to build on previous findings, notably a 9.2-meter intercept grading 3.2 g/t gold. Beyond the known site, the project will conduct its first drill test of the Eden target, located at the opposite end of a 10-kilometer structural corridor. Eden is currently defined by a 3-kilometer-long gold-in-soil anomaly identified through recent seismic surveys.

CEO Dan McCoy noted that while the project was ready for mobilization in April, the tightening availability of drill rigs in a strong gold market pushed the timeline back. The company plans to utilize a mix of reverse circulation drilling for the Otis area and diamond core drilling for the Eden target, with PhotonAssay technology employed to speed up result reporting. Following the conclusion of work at Hot Springs Range, the company intends to transition its exploration focus to the Celts project later this year.