Announcement • May 26
Eminent Gold Corp. Announces Positive Results from Seismic Survey At Hot Springs Range Project Eminent Gold Corp. had announced the successful completion and interpretation of a Deep Refraction Microtremor (ReMi®) seismic survey across the Otis and Eden targets on its 100%-owned Hot Springs Range Project in Humboldt County, 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. The reverse–circulation drilling, combined with photon assay, will provide continuous assays throughout the summer as the Company works to expand the significant emerging oxide Carlin–style discovery at HSRP. The Company also plans to test its high–priority Eden target, as well as its Celts project, both of which have the potential to deliver additional new discoveries in Nevada. A calibration line was run directly over existing drill holes at Otis, allowing seismic velocities to be matched to rock types observed in drill core. The survey also imaged additional structural features, including the Paradise Fault, 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 is interpreted to be spatially associated with this structure. 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. The data reveal fault zones that coincide not only with mapped surface traces, but also with surface geochemistry indicative of hydrothermal sulfides at depth and gravity features, providing multiple lines of evidence for the location of structural targets at depth. 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 ReMi® seismic survey, conducted by Terean®, 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. John Louie (2001), utilizes ambient and active seismic noise recorded along linear geophone arrays to generate Rayleigh–wave dispersion curves. These curves are inverted to produce detailed 1D and 2D shear–wave velocity (Vs) models of the subsurface. Longer arrays enable deeper imaging (up to ~1 km), while 16 m geophone spacing provides strong lateral resolution. The method effectively maps basin–fill thickness, fault structures, and zones of alteration or induration beneath alluvial cover. The scientific and technical information contained in this news release has been reviewed and approved by Justin B. Milliard, P.Geo., Vice President of Exploration for the Company and a non–independent Qualified Person as defined in National Instrument 43–101 – Standards of Disclosure for Mineral Projects. 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.