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Emu NL drills for gold in Nevada

 Emu NL drills for gold in Nevada

Gold explorer Emu NL will soon have the drill spinning at its gold project in Nevada in a region that has unearthed large discoveries.

A U.S. subsidiary of Emu NL has received approval to drill two drill holes at a prospect called Speedway subject to lodging a rehabilitation bond which is underway.

Nevada produced about 5 million ounces of gold in 2014 from 30 producing mines providing a prize to explorers that have a commercial discovery.

The two drill holes are targeting an Audio Magneto-Telluric (AMT) feature within inferred Palaeozoic rocks below younger pediment sediments and volcanics.

The AMT feature is key as the size (~1.5km x ~0.5km) and nature of it and the geological setting provides promise.

In comparison with other large gold systems in the south-west USA, the AMT feature could represent a large alteration system that is usually associated with these gold deposits.

 

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Emu NL Timeline

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April 17 2013
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February 18 2013

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