- Northern Nevada, a region of the state of Nevada, is currently experiencing a high concentration of sophisticated projects.
- The Manhattan District Project is situated in Nevada.
Drilling Operations in Nevada Yield Positive Gold Assay Results
What happened
A company began drilling operations at the Manhattan District Project in Nevada. Results from diamond drill hole 26MN-133 showed strong mineralization, including 9.4 g/t gold over 13.05 metres and 19.83 g/t gold over 4.11 metres. These results confirm the targeting concept that the faulted contact zone of Paleozoic meta-sediment package and Manhattan Caldera volcanics is strongly mineralized with gold in quartz/sulfide hydrothermal breccias.
From finanznachrichten.de
Why it matters
The positive assay results from the drilling program confirm the resource potential of the Manhattan District Project. This confirmation of mineralized systems could boost the company's valuation.
Northern Nevada is currently experiencing a high concentration of sophisticated projects.
From finanznachrichten.de
Who's involved
- companyCompany conducting the drilling operations at the Manhattan District Project
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The entities involved
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Manhattan
borough of New York City, New York, United States
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Nevada
state of the United States of America