RENO, Nevada, Feb. 28, 2019 (GLOBE NEWSWIRE) -- Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V: NGE; OTCQB: NVDEF) is pleased to welcome Simon Griffiths as a Technical Advisor.
Simon is an economic geologist with 28 years of mineral exploration experience with major mining companies around the world. Most recently, Simon spent the past 10 years working with Barrick Gold Corp., providing technical leadership on a global scale as Chief Geochemist, Global, and then Chief Geologist, South America. As Chief Geochemist, Simon provided field-based and strategic geochemical support to Barrick’s exploration programs across six continents (from regional grass-roots up to and including pre-feasibility studies), promoted the application of new geochemical tools specifically to support exploration through cover, and contributed to developing the exploration models (including 3D geochemistry signatures and footprints) at Barrick’s Carlin-type gold deposits (CTGDs) in Nevada, as well as their other deposits. As Chief Geologist, South America, Simon implemented Barrick’s global project generation approach to the South American continent, and led innovation to develop and apply new exploration approaches that resulted in faster and lower-cost discoveries.
Discussing Simon’s addition, NGE’s President, James Buskard: “We are excited to welcome Simon to the team. From executing successful generative exploration programs internationally to building exploration models at some of Nevada’s largest Carlin-type gold deposits, Simon brings a wealth of experience that compliments both our regional-scale exploration program, as well as our drilling and exploration efforts at our projects. Developing innovative exploration tools to explore for new deposits in covered terrains, where the bedrock is hidden beneath sand, gravel, and other types of cover, is unquestionably the future of exploration. Simon has championed innovation at the highest levels throughout the exploration pipeline, and we are fortunate to be able to incorporate his expertise as we advance our industry-leading hydrogeochemistry-supported exploration program, as well as push to leverage new low-cost drilling platforms, such as our Scorpion drill rig, to lower the costs and improve the success rates of exploring in Nevada’s highly-prospective covered valley basins. Having now spent time with our team in Nevada to help with the geologic and geochemical review and interpretation of the drilling results at our South Grass Valley Project, Simon is already helping guide our exploration model at the Project, and we look forward to his ongoing input as we work to advance our projects.”
About Nevada Exploration Inc.
NGE is an exploration company advancing a portfolio of new district-scale gold exploration projects along Nevada’s Battle Mountain-Eureka (Cortez) Trend. NGE is led by an experienced management team that has been involved in several significant discoveries in Nevada, including the discovery of Lone Tree and Rabbit Creek (part of the Twin Creeks Mine). NGE’s team has spent the last decade integrating the use of hydrogeochemistry with conventional exploration tools to develop a Nevada-specific regional-scale geochemistry exploration program.
With new proprietary technology, NGE has completed the world’s largest groundwater sampling program for gold exploration, collecting approximately 6,000 samples to evaluate Nevada’s covered basins for new gold exploration targets. To advance follow-up targets, NGE has overcome the high drilling costs that have previously prohibited the wide-spread use of drilling as a prospecting tool by developing its Scorpion drill rig, a small-footprint, truck-mounted, small-diameter RC drill rig specifically tailored to the drilling conditions in Nevada’s basins (analogous to RAB drilling in other parts of the world).
By integrating hydrogeochemistry and early-stage low-cost drilling with conventional exploration methods, NGE is overcoming the challenges and radically reducing the costs of exploring in Nevada’s covered basins, and is taking significant steps to open this important new search space up for district-scale exploration.
For further information, please contact:
Nevada Exploration Inc.
Email: info@nevadaexploration.com
Telephone: +1 (604) 601 2006
Website: www.nevadaexploration.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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, including, without limitation, 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.