Nevada Exploration Inc. Discusses Phase III Drilling at Their South Grass Valley Project with The Stock Day Podcast
Phoenix, Arizona--(Newsfile Corp. - January 28, 2021) - The Stock Day Podcast welcomed Nevada Exploration Inc. (OTCQB: NVDEF), (TSXV: NGE) ("the Company"), a company that has spent 15 years developing and integrating new hydrogeochemistry (groundwater chemistry) and low-cost drilling technology to build an industry-leading, geochemistry-focused, under-cover toolkit specifically to explore for new gold deposits in the more than half of Nevada where the bedrock is hidden beneath post-mineral cover. President of the Company, James Buskard, joined Stock Day host Everett Jolly.
Jolly began the interview by asking about the Company's background and current projects. Buskard shared that while the Company represents a successful team of international explorers, they are primarily focused in Nevada. "We're going after the second half of Nevada's gold endowment which is hidden under large desert valleys," explained Buskard. "In order to do that, we're integrating some new exploration technology and we're executing on a very large scale," he continued. "We've put together a pipeline of brand new projects all based on the model of going after a new Tier-1, 5+ million ounce Carlin-type gold deposit."
Jolly then commented on the growing interest in Nevada exploration projects, and asked about the investment potential in this space. "Nevada is unique; there is nowhere on the planet right now that produces more gold by area," shared Buskard, adding that industry experts believe there is another 200 million ounces to be discovered under Nevada's valley. "There's been about $2 billion raised in the capital markets for juniors since the summer," he added, noting that the companies with the infrastructure and teams in place have the advantage of being able to execute more quickly. "The other thing we're seeing is that there are a lot of old projects being dusted off," explained Buskard.
"There's a reason that the world's biggest miner, Barrick Gold Corporation, is focusing its efforts on projects that are 5+ million ounces, and a reason we've positioned our exploration program to go after projects that are 5+ million ounces," said Buskard, before elaborating on the importance of considering the teams behind companies in the mining space, as well as the size of their projects, from an investment standpoint.
Buskard then elaborated on the experience and dedication of the Company's team. "Our technical team is led by my colleague Wade Hodges, who has been involved in the discovery of more than 30 million ounces of gold in Nevada," said Buskard. "Wade has had a long involvement in some of the state's most important discoveries," he added. "On the board we have some senior technical oversight from Dr. John Larson," said Buskard, before elaborating on Larson's experience and perspective. "Most recently, we've brought on a Senior Technical Advisor, Simon Griffiths," said Buskard. "He was a member of Barrick's discovery team at Goldrush, which was a very important discovery north of our South Grass Valley project."
Jolly then asked about the upcoming drilling program at the Company's South Grass Valley project. "This is going to be our third phase of drilling at the project," said Buskard, adding that the Company had successful phase one and phase two programs, which allowed the Company to better understand the site's mineral controls. "We're going in for our phase three program to now use this information to follow these mineral controls hopefully to some economic grades," explained Buskard. "This is potentially game changing for the project, and really game changing for the company," he said. "We're all very excited about it."
To close the interview, Buskard expressed his confidence in the potential of the Company and its South Grass Valley project as they enter their third phase of drilling to test for a discovery. "If folks want to get positioned to participate in that sort of success, now is really the chance."
To hear James Buskard's entire interview, follow the link to the podcast here: https://audioboom.com/posts/7784391-nevada-exploration-inc-discusses-phase-iii-drilling-at-their-south-grass-valley-project-with-the
More About Nevada Exploration Inc.
With mature, exposed search spaces seeing falling discovery rates, NGE believes the future of exploration is under cover.
The Company has spent 15 years developing and integrating new hydrogeochemistry (groundwater chemistry) and low-cost drilling technology to build an industry-leading, geochemistry-focused, under-cover toolkit specifically to explore for new gold deposits in the more than half of Nevada where the bedrock is hidden beneath post-mineral cover. Nevada's exposed terrains have produced more than 200 Moz of gold, and experts agree there is likely another +200 Moz waiting to be discovered under cover in Nevada.
The Company has completed the world's largest hydrogeochemistry exploration program, focused on north-central Nevada, and is now advancing a portfolio of new projects in the heart of the Cortez (Battle Mountain-Eureka) Trend.
The Company's most-advanced project is South Grass Valley, located south of Nevada Gold Mines' Cortez Complex. Based on the Company's work to date at the project, it believes it has discovered a mineral system at South Grass Valley with the architecture and scale to support multiple Carlin-type gold deposits (CTGDs), and the potential to host an entire new district. The Company believes South Grass Valley is one of the most exciting new district-scale, Carlin-type projects in Nevada.
For more information, the Company's latest videos are available at:
About The "Stock Day" Podcast
Founded in 2013, Stock Day is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Stock Day provides companies with customized solutions to their news distribution in both national and international media outlets. The Stock Day Podcast is the number one radio show of its kind in America. Stock Day recently launched its Video Interview Studio located in Phoenix, Arizona.
Stock Day Media
Cautionary Statement on Forward-Looking Information:
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws, as well as expectations, beliefs, plans, and objectives regarding projects, potential transactions, and ventures discussed in this release.
In connection with the forward-looking information contained in this news release, the Company has made numerous assumptions, regarding, among other things, the assumption the Company will continue as a going concern and will continue to be able to access the capital required to advance its projects and continue operations. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.
In addition, there are known and unknown risk factors which could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in mineral exploration, the need to obtain additional financing, environmental permits, the availability of needed personnel and equipment for exploration and development, fluctuations in the price of minerals, and general economic conditions.
A more complete discussion of the risks and uncertainties facing the Company is disclosed in the Company's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/73057