Announcement • 15h
Eminent Gold Corp Commences 10,000 Meter Discovery Expansion Drill Program At the Hot Springs Range Project Nevada Eminent Gold Corp. announced that drilling has commenced at its Hot Springs Range Project in Humboldt County, Nevada, following mobilization of the drill contractor on July 17. This 10,000-meter reverse circulation (RC) program builds directly on the Company's initial four diamond core holes, which encountered oxide gold mineralization associated with faulting in all completed holes, highlighted by 9.2 meters grading 3.2 g/t Au, and is designed to expand testing across multiple fault zones within the Hot Springs Range structural corridor. The 2026 drill program includes 14 RC holes at the Otis target and an initial Phase 1 of up to five RC holes at the Eden target. Together, these holes provide the first systematic test of multiple fault zones across the Hot Springs Range structural corridor. At Otis, drilling will follow up on four priority faults, including renewed testing of the Otis Fault, where previous holes are interpreted to have narrowly missed the main fault plane but still returned oxide gold mineralization. Updated geophysical interpretation has enabled the Company to reposition drill pads for improved structural pierce points at multiple depths. Drilling will also continue along the Little Humboldt Fault, which delivered the project's strongest oxide gold interval to date. In addition, two southeast faults (Hinkey and Otis) and one northwest fault (Paradise) will be drilled for the first time. These are now considered high-priority structural targets based on improved understanding of host-rock density contrasts and structural preparation. The first hole of this phase at Otis (HSR2601) is currently underway. At Eden, Phase 1 will test three key faults beneath a 3-kilometer gold-in-soil anomaly. These initial RC holes will evaluate structural preparation, host-rock characteristics, and the potential for mineralization along each fault. The RC rig is capable of reaching approximately 460 meters; depending on depth achieved and initial results, select holes may be extended with diamond core tails to gain deeper insight into the geology. Airborne geophysical data suggest density contrasts consistent with potential Comus-type host rocks, and drilling at Eden will help determine whether this interpretation holds in the subsurface. This work builds on Eminent's systematic exploration approach as the first company to drill this area methodically, integrating previous core data with recent geophysical and geological interpretation. The approximately 10-kilometer structural corridor at Hot Springs Range lies approximately 15 kilometers northwest of the Getchell Trend and exhibits geological characteristics consistent with major gold-bearing systems in the region. Beyond the Otis and Eden targets, several additional prospective areas have been outlined across the corridor. All drill pads, access roads, and permits have been maintained since early April. Drilling is being conducted by Alford Drilling LLC with multiple crews working continuous shifts. Samples will be processed using PhotonAssay under the Company's established QA/QC protocols, with results to be released as they are received, validated, and interpreted. Announcement • Jun 30
Eminent Gold Corp Reports Airborne Geophysical Survey Results At Hot Springs Range Project Eminent Gold Corp. had completed and interpreted a high-resolution airborne magnetic and radiometric survey over its 100%-owned Hot Springs Range Project in Humboldt County, Nevada. The Company plans to integrate these new airborne results with existing seismic, geochemical, and drilling data to finalize targets for its upcoming 10,000-meter reverse circulation drill program at Hot Springs Range Project. Three crews will operate continuously to accelerate drilling and assay turnaround across the Otis and Eden targets. The survey, flown by Precision GeoSurveys in March 2026, covered approximately 53 km² with 50 m line spacing and tight terrain clearance. It provides detailed geophysical data that significantly enhances the Company's understanding of subsurface structures, lithologies, and potential alteration zones associated with its emerging Carlin-type gold system. Structural and Lithological Mapping: The magnetic data clearly delineate contrasts between magnetic Tertiary volcanic rocks and non-magnetic Paleozoic/Mesozoic sedimentary units. Numerous linear features, offsets, and boundaries highlight fault structures and contacts that align with known mineralized corridors at Otis and Eden. The survey confirms and refines major structures, especially at Eden, where the Paleozoic rocks at depth are obscured by post mineral volcanics and sediments. The primary north-south structures originally mapped from surface, then refined by the seismic survey are further characterized by the magnetic and radiometric data. The data further identifies additional prospective features. Radiometric Insights: Radiometric data (potassium, thorium, uranium, and total count) provide complementary information on surface geochemistry and alteration. Potassium highs and ratio anomalies help map potential hydrothermal alteration zones critical for gold mineralization. These signatures align well with existing soil geochemistry and gravity anomalies, strengthening target prioritization. Integration with Existing Data: The new airborne dataset integrates seamlessly with prior gravity, seismic (ReMi), and geochemical surveys. A detailed Magnetic Vector Inversion (MVI) model further refines 3D subsurface architecture, supporting drill hole planning at Otis and Eden targets. Demagnetized Zones and Structural Intersections: A prominent demagnetized zone is evident in the interpreted Paleozoic basement at Eden. This zone is coincident with the intersections of first-order (Spring City, Bullhead, & Shelton faults) and second-order faults (Crossover, Bear, Crossroads, Chimney, & South Fork faults) and aligns with surface geochemistry anomalies. Such demagnetization is often associated with hydrothermal alteration and structural preparation -- key controls for Carlin-type gold mineralization in Nevada. Additional details on the Otis and Eden targets, including figures and seismic interpretations, are available in the Company's May 26, 2026 news release. Live News • Jun 30
Eminent Gold Confirms High-Priority Drill Targets After Hot Springs Geophysical Survey Completion Eminent Gold reported results from a high‑resolution airborne magnetic and radiometric survey at its 100%-owned Hot Springs Range Project in Nevada. The company says the findings support its geological model and define high-priority drill targets along an emerging Carlin-style gold trend, with a 10,000-meter reverse circulation drill program at the Otis and Eden prospects scheduled to start on 6 July 2026.
The survey interpretation and planned drill campaign represent a material step in advancing Eminent Gold’s exploration work at Hot Springs Range, moving from targeting to on-the-ground testing of its model.
Eminent Gold shares last traded at around CA$0.40, with the stock up 27% year to date despite recent pressure over the past month.
The key investor angle is that Eminent Gold is shifting into a more capital-intensive drilling phase, which can add clarity on project potential but also raises execution and exploration risk. 
