Eminent Continues To Hit Gold Mineralization At Its Hot Springs Range Project In Nevada

2025-06-19 08:07:34

(MENAFN- Newsfile Corp) Vancouver, British Columbia--(Newsfile Corp. - June 19, 2025) - Eminent Gold Corp. (TSXV: EMNT) (OTCQB: EMGDF) (FSE: 7AB) ("Eminent" or the "Company") is pleased to announce its most recent assay results from the Hot Springs Range Project ("HSRP") in northern Humboldt County, Nevada, an analogue to the prolific 50-million-ounce Getchell Trend1 (see Figures 1-2 for property and target locations).

Drilling at the Otis target continues to deliver promising gold intercepts, with highlights from Holes HSC003 & HSC004 including:

7.9 meters of 1.2 g/t Au
4 meters of 2.4 g/t Au
3.3 meters of 0.5 g/t Au
3.6 meters of 0.4 g/t Au

All intercepts to date are tabulated in Table 1 and illustrated in plan view in Figure 3 and in cross-section in Figure 4.

Dan McCoy, Chief Geologist and Director commented:

"The gold intercepts in Holes HSC002 and HSC004 confirm a northeast-trending structural orientation, consistent with known Carlin-type systems, including major deposits along the Getchell Trend such as Turquoise Ridge. The Otis fault is a particularly exciting target, as it is mineralized with gold in every hole drilled to date, remains open in both directions, and features multiple untested faults and structural intersections that present significant potential for additional gold mineralization.

We are eager to continue testing key structural controls to pinpoint the source of high-grade gold and assess how it may extend within this largely unexplored corridor, further advancing our geological model."

Eminent has successfully completed three approximately 500-meter drill holes (HSC002-HSC004) in its maiden drill program at the Otis target within the HSRP. Gold mineralization was encountered in all three holes, with grades reaching up to 8 g/t Au*. These results confirm the presence of gold within a northeast-trending structural corridor, consistent with Carlin-type mineralization. Notably, iron oxide, rather than sulfide, dominates the alteration-an encouraging indicator for potential gold recovery via cyanidation.

Given the scale of the structures being tested and the encouraging early results, additional drilling is required to fully delineate the extent of the gold system. To date, drilling has only tested a portion of one fault (see Figure 5), while numerous northeast- and northwest-oriented faults remain untested, representing significant exploration potential. The next drill hole is expected to provide valuable insights into the controls on mineralization, further refining the geological model and guiding future targeting efforts.

Table 1. Composite intercepts from drill holes HSC002-4 at Eminent's HSRP Project

Drill Hole	From (m)	To (m)	Width (m)	Au (g/t)	As (ppm)	NR date	Including
HSC002	272.8	275.7	2.9	2.2	2107	1/16/25
HSC002	310.4	314.3	3.9	2.4*	807	3/05/25	0.5 m of 8 g/t Au
HSC002	347.1	351.7	4.6	1.4*	2252	3/05/25	0.9 m of 4.4 g/t Au
HSC003	178.4	180.9	3.6	0.4	744	6/19/25
HSC004	178.6	186.5	7.9	1.2	1403	6/19/25
HSC004	239.5	243.5	4.0	2.4	2836	6/19/25
HSC004	250.9	254.2	3.3	0.5	406	6/19/25

*Composite assays represent weighted averages of individual intercepts.

Paul Sun, President and CEO of the Company commented:

"Every hole continues to intercept gold, further validating our thesis that the Hot Springs Range Project is analogous to major nearby gold deposits. Our geological understanding continues to expand, boosting our confidence in the project's potential for a significant discovery as we prepare to drill our next hole. Drilling will resume shortly as we complete the analysis of the latest drill core data and outline the next priority target on the Otis fault based on the results to date."

Quality Control and Reporting Protocols

The Company implemented a sample quality control/quality assurance ("QA/QC") program. Drill core was cut in half using a diamond saw, with one-half placed in sealed bags. A QA/QC program included field standards, duplicates, or blanks inserted every 20 samples. Sample preparation and subsequent geochemical analysis were performed by ALS Chemex., with sample preparation and subsequent analysis conducted at the ALS facility in Reno, Nevada and Vancouver, Canada. ALS Chemex applied their own in-house QA/QC program. Composite intercepts were derived from zones where at least four consecutive samples assayed about 0.2 g/t Au or greater and are reported when the composite interval was greater than 1.0 g/t .

All scientific and technical information in this news release has been prepared by, or approved by Michael Dufresne, P.Geo. Mr. Dufresne is an independent qualified person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

Figure 1. Eminent Project Location Map