Defines New Gold Targets In Nevada
Gold Bull Resources Corp. (TSX-V: GBRC) has increased its land position at its Sandman Project in Nevada by 24%.
The company has staked and secured an additional 388 mineral claims, adding an additional 2817.2 hectares (28.17 sq. km) to its 100% owned land holding, located near the town of Winnemucca in Nevada.
CEO, Cherie Leeden, said the company has completed a ground geophysics survey (3D IP) at Sandman and drilling planned to commence in February (post transfer of all permits)
The company is also targeting the release of an Updated NI43-101 resource estimate this week’
“Based on scientific data, our Geology team identified additional gold exploration targets located immediately adjacent to our Sandman project that were on open ground,” Leeden said.
“We have successfully staked all these new targets and have further bolstered and secured our premier land position in this extraordinarily rich gold mining district.
“2021 is shaping up to be an exciting year for Gold Bull. We look forward to sharing our Sandman Resource Estimate upon receiving it soon, and to commencing our maiden drill program at Sandman shortly thereafter.”
Gold Bull’s Nevada based geology team conducted a comprehensive project generation review of the regional geology surrounding Sandman.
The company elected to increase its land holding to capture previously open Bureau of Land Management (BLM) ground that is considered highly prospective to host gold mineralisation, based on scientific datasets such as geochemistry, geophysics, and geological mapping.
The company also conducted site visits to verify the prospectivity of the targets.
