VANCOUVER, BRITISH COLUMBIA–(Marketwire – Nov. 25, 2011) – Quantec Geoscience (“Quantec”) has provided Nevada Sunrise Gold Corporation (“Nevada Sunrise” or the “Company”) (TSX VENTURE:NEV) the final Titan 3D IP survey data from its Golden Arrow project in Nye County, Nevada.
The survey area covers approximately 1,975 acres (792 hectares) and trends generally northwest from the known resource zones at Gold Coin and Hidden Hill. Selection of the survey area was made through the review and interpretation of a large set of multi-element soil samples collected from the nearly 6,800 acre property. Both Gold Coin and Hidden Hill are included within the survey area.
After reviewing the data, Richard Kehmeier, QP for Nevada Sunrise made the following remarks, “There is a large horizontal zone of high chargeability overlying an area of low resistivity along the northwest side of the grid. Pediment soil samples in this area show anomalous geochemical signatures. Gravity and the Quantec survey suggest the pediment gravel in this area is very thin.
“There is an area southwest of Hidden Hill that shows responses similar in the resistivity and chargeability to that of Hidden Hill and Gold Coin. The area is about 500 meters long and 100 meters wide. The depth is about 200 meters. There is no drilling in the area.
“The trend of the Quantec geophysical anomalies reveals a strong northwest trend parallel to Walker Lane structures. This trend is recognized in many mining districts in the Walker Lane as an important mineralization control.”
Bill Henderson, CEO of Nevada Sunrise commented, “The Orion 3D program in combination with our extensive legacy database has defined exciting new exploration potential for Golden Arrow – exploration potential that I believe should result in new discoveries on this project in the near future.”
The technical disclosure in this news release has been reviewed by Richard Kehmeier, a director of Nevada Sunrise Gold Corporation and a Qualified Person as defined by NI 43-101 of the Canadian Securities Administrators.
More about Orion 3D
Quantec’s current Orion 3D technology with its customizable array configuration allows true 3D sampling of the subsurface. To put this into perspective, the Orion 3D system as configured for this survey produced well over a quarter million data samples, or approximately 65 samples per 100 cubic meters covering the entire study area to a depth of 600 meters (1,969 feet). This resolution is not achievable with traditional survey methodology. The Orion 3D data allow interpretation to depths exceeding 600 meters (1,969 feet) over the entire study area. The 3D inversion models are presented with a resolution of 12.5 meters.
About Nevada Sunrise
For the latest details on the Company, its properties, management team and philosophy, please visit our website at: http://www.nevadasunrise.com.
FORWARD LOOKING STATEMENTS
This release contains “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on a number of material factors and assumptions, including, the result of drilling and exploration activities, that contracted parties provide goods and/or services on the agreed timeframes, that equipment necessary for exploration is available as scheduled and does not incur unforeseen break downs, that no labour shortages or delays are incurred, that plant and equipment function as specified, that no unusual geological or technical problems occur, and that laboratory and other related services are available and perform as contracted. Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the interpretation and actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of minerals; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in the company’s publicly filed documents. Although Nevada Sunrise has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
The Securities of Nevada Sunrise Gold Corporation have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to the account or benefit of any U.S. person.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.
Nevada Sunrise Gold Corporation
William B. Henderson
President and Chief Executive Officer
(530) 884-3822 (FAX)
Leave a ReplyWant to join the discussion?
Feel free to contribute!