Preliminary reconnaissance geochemistry by X-Cal Resources (VSE) has outlined anomalous gold values on both the Kamma and Wild Rose claims under option from Equinox Resources (TSE) in Pershing Cty., Nev.
X-Cal is earning a 50% interest in the claims by committing to US$100,000 in expenditures this year, making option payments totalling US$50,000 and issuing Equinox 100,000 shares.
The two claims are located to the east and northeast of the Rosebud property where owners LAC Minerals and Equinox recently announced a 178-ft. intersection grading 0.72 oz. gold per ton on the Dozer Hill zone. The southern part of the Kamma claim is about 7,000 ft. to the northeast of the Dozer Hill area.
Anomalous gold values were identified where the Rosebud shear, which extends up from the Dozer Hill zone, intersects the west-northwest trending Wild Rose shear.
Anomalous gold values were also found on the Wild Rose claim which is about 5,000 ft. east of the Dozer Hill zone.
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