Evolving Gold Corp EVG:CA announced assays of its Jake Creek Property in north-central Nevada. Results include 0.97 g/t gold over 45.7 metres (including 1.33 g/t over 28.9 metres and 11.3 g/t over 1.5 metres). The Jake Creek Property is located on the western margin of the Northern Nevada Rift and is approximately nine kilometres east of Newmont Mining Corp’s NMC:CA Twin Creeks Mine.
President/Chief Geologist Quinton Hennigh commented, “We believe that gold mineralization intersected in the first two drill holes in this unexplored area may represent a significant new gold discovery. Though the main focus of our exploration program remains Rattlesnake Hills in Wyoming, and our Carlin and Humboldt projects in Nevada, we have been quietly testing our other exploration properties. We interpret the mineralization at Jake Creek as being confined to an early sequence of Miocene volcanic rocks, buried by post-mineral volcanic units, similar to the Ken Snyder deposit (Newmont Mining Corp.), which contains approximately 4 million ounces gold and is about 21 kilometres to the east of Jake Creek.”
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by Ted Niles