Eminent Announces Positive Results from Seismic Survey at Hot Springs Range Project, Nevada
This technique represents a novel approach for hard rock mineral exploration, using tighter geophone spacing than traditional oil and gas seismic surveys to deliver higher–resolution imaging of geologic structures concealed beneath post–mineral cover. These new images are helping the Company refine its understanding of the subsurface structures that control where gold is deposited in Carlin–type systems as it prepares for its next drill program, scheduled to begin in the coming weeks.
"This study represents another key building block in our targeting work at HSRP. We are currently completing the processing of our newly acquired magnetic dataset, and once finalized, we will integrate all geophysical data with geochemical results and drilling to optimize our 2026 HSRP drill program, which begins in the coming weeks.
The reverse–circulation drilling, combined with photon assay, will provide continuous assays throughout the summer as we work to expand the significant emerging oxide Carlin–style discovery at HSRP. We also plan to test our high–priority Eden target, as well as our Celts project, both of which have the potential to deliver additional new discoveries in
Key Results:
A calibration line was run directly over existing drill holes at Otis (Figure 3), allowing seismic velocities to be matched to rock types observed in drill core. The survey also imaged additional structural features, including the Paradise Fault (Figure 4), and provided further support for the interpreted position of the Little Humboldt Fault. The best intercept to date of 9.2 metres grading 3.2 g/t gold (reported
The seismic results now allow the Company to design additional drill holes to test the Little Humboldt Fault, as well as initial drilling of the Paradise, Otis, and Hinkey faults and their intersections. The Phase II reverse circulation drill program will focus on defining each structure with multiple intercepts along strike and at various depths. The planned drill holes and targets are conceptual in nature and may change based on ongoing interpretation and new data.
Six seismic lines at Eden have provided a clear, high–resolution image of the structures and stratigraphy beneath post–mineral cover (Figures 5–7). The data reveal fault zones that coincide not only with mapped surface traces, but also with surface geochemistry indicative of hydrothermal sulfides at depth (reported
This new information will significantly improve drill targeting and planning for Phase I drilling at Eden, where a 3 km long gold–in–soil anomaly already highlights strong potential. The planned drill holes and targets are conceptual in nature and may change based on ongoing interpretation and new data. The Eden drill program will commence immediately following the drilling at Otis.
"The seismic survey provides a much clearer view of the subsurface in areas where traditional mapping cannot reach. At Otis, the results support our geological model and highlight new structures that are now ready for drill testing. At Eden, we now have a sharper understanding of the fault architecture, which will help us focus on the highest–priority targets.
Combined with our recent drilling results and land expansion, these results reinforce our view that HSRP is emerging as an exciting new Carlin–style gold opportunity in
Technical Paragraph
The ReMi® seismic survey, conducted by Terēan®, provides high–resolution subsurface shear–wave velocity imaging that advances the Company's understanding of structural controls on its emerging Carlin–type oxide gold system. The ReMi® technique, developed by Prof.
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The scientific and technical information contained in this news release has been reviewed and approved by
References to nearby districts such as the Getchell Trend are for geological context only and should not be construed as indicating mineralization on Eminent's properties.
1 Turquoise Ridge Technical Report
ON BEHALF OF THE BOARD OF DIRECTORS
CEO & Director
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This news release contains certain statements that may be deemed "forward-looking statements" with respect to the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.
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Forward-looking statements are based on the reasonable beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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