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Eminent Gold Corp. plans drilling at Celts project following CEO appointment

1 report, 1 independent Updated Oct 15
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Dan McCoy was appointed CEO of Eminent Gold Corp. The company reported that the Celts project's age date of 11.73 million years matches the age of gold mineralization at AngloGold Ashanti's Arthur Project. Eminent Gold Corp. plans a five-hole drill program to test fault-hosted and layer-hosted targets, and has doubled its claim package to 1,020 hectares.

From prnewswire.com

Why it matters

Some supportBrind's analysis of the reports

The Celts project is an untested gold system whose geological setting is consistent with large, bulk-mineable deposits found at AngloGold Ashanti's Arthur Project. The company is advancing its exploration through a doubled claim package and a planned five-hole drill program, based on surface rock samples up to 1.5 g/t gold.

From prnewswire.com

Who's involved

  • companyThe company conducting the gold exploration at the Celts project
  • Dan McCoyThe President and CEO of Eminent Gold Corp.

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • companySpeculative

    Eminent Gold Corp. might increase its capital expenditure for drilling and resource acquisition.

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The entities involved

Coverage

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