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Nevada Sunrise JV Partner Pilot Gold Reports 3.35 G/T Gold Over 41.1 Metres From Surface At The Right Spot Target, Kinsley Mountain

Stocks in this article: NEV

VANCOUVER, British Columbia, June 5, 2014 (GLOBE NEWSWIRE) -- Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSX-V:NEV) is pleased to announce that Pilot Gold Inc. ("Pilot Gold") (TSX:PLG), has reported to the Company that step-out drilling at Kinsley Mountain, Nevada on the Right Spot target has yielded significant intersections of gold mineralization in oxidized rock at shallow depths. The Right Spot target is located along the 2 kilometre-long NNE Western Flank trend, approximately 1 kilometre south of the recently discovered high-grade zone.

Highlights from the Right Spot area include:

  • 3.35 grams per tonne ("g/t") gold over 41.1 metres in PK144, including
    • 5.11 g/t gold over 4.6 metres;
  • 3.08 g/t gold over 19.8 metres in PK138
  • 2.43 g/t gold over 19.8 metres in PK139
  • 1.75 g/t gold over 22.9 metres in PK142

Mapping and rock sampling at the Right Spot identified a 250-metre northeast-trending zone of jasperoids returning 1-5 g/t gold in grab samples and 2.0 g/t gold over 15 metres in road cut samples. This zone of surface mineralization, hosted in the Candland Shale and Big Horse Limestone (the primary ore hosts at the historic Kinsley mine) extends under shallow cover to the northeast. Other stratigraphic host units, including the Clark Springs Limestone, Secret Canyon Shale and Hamburg Limestone, are modeled at depth. 

Drilling at Kinsley Mountain is ongoing with two reverse circulation ("RC") drills and one diamond drill rig. Targets currently being tested include extensions to high-grade mineralization in the Western Flank target area and an initial test of near-surface and deeper targets in the Secret Spot target area, located 1 km to the southwest of the Right Spot. Since inception of the summer drilling program, a total of 5,018 metres in four core and 13 RC holes has been drilled, with assays pending for 10 holes.

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