Nevada Pacific drills BMX Project

Vancouver — Nevada Pacific Gold (NPG-V) has kicked off a drill program at its wholly-owned BMX project, situated within the Battle Mountain District in the Humboldt and Lander Counties in Nevada.

This first phase drill program will utilize two reverse circulation drill rigs to test two of four gold targets outlined earlier this year. Nevada Pacific states that 5-to-6,000 ft. of reverse circulation drilling will be drilled in 7-to-10 holes.

Nevada Pacific has outlined four promising drill targets, so far, on its 22 sq. mile BMX project. These have been dubbed; Elder Creek, Elder Creek Pediment, Bluebird and Overlook area.

Initial drilling will test the Elder Creek and Elder Creek Pediment prospects. At Elder Creek, the junior will target gold-bearing breccias, highly fractured zones, and geochemical anomalies within the mineralized Elder Creek structural corridor. At the Elder Creek Pediment area, drilling will test a large multi-element geochemical anomaly that has been outlined along the same mineralized structural corridor.

At the Bluebird target, surface sampling has returned assays up to 0.887 oz. gold per ton. Underground samples have returned up to 1.55 oz. gold per ton. At the Overlook prospect, detailed ground magnetic and soil surveys have defined sediment-hosted as well as structurally controlled mineralization.

The BMX project is under option to Placer Dome (PDG-T). Placer is funding all work as part of a US$4 million option and joint-venture agreement signed between the two companies in December of last year.