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. 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. Announcement • Mar 16
Eminent Gold Corp Signs Drill Contract For 10,000m Rc Drill Program At HSRP Eminent Gold Corp. signed a drilling contract with the well-respected, Nevada-based Alford Drilling LLC to conduct a reverse circulation (RC) drilling program of a minimum 5,000 meters and up to 10,000 meters at the Otis target within the 100%-owned Hot Springs Range Project ("HSRP"), located approximately 15 km northwest of the prolific Getchell Trend in Nevada—home to major high-grade Carlin-style deposits including Turquoise Ridge and Twin Creeks. Drilling is expected to commence on or around April 15, 2026. The program will focus on testing the extensions of mineralization encountered in previous drilling as well as new, previously untested areas. RC drilling will provide quicker turnaround on results and a lower cost per meter compared to previous core drilling methods, with the Company planning to utilize the photon assaying technique as a faster, environmentally friendly alternative to fire assays. This should further accelerate assay reporting. This upcoming drill campaign builds on encouraging results from prior exploration, including a new discovery diamond drill intercept in hole HSC005 of 9.2 meters grading 3.2 g/t Au (fire assay total gold), as previously reported (news release dated January 6, 2026). Positive shaker leach tests support visual indications that the mineralization type is indeed oxide. The Company views this as a significant milestone that enhances the attractiveness of this intercept and justifies expanding the drill program with the aim of potentially delineating an oxide resource of economic value. All samples from the intercept were assayed by Paragon Geochemical in Reno, Nevada, using (1) a 30 g pulp split fire assay with aqua regia digestion and AAS finish, and (2) a one-hour, room-temperature cyanide solution leach on a 10 g pulp split ("Shaker Leach Test") with AAS finish. While not conclusive due to the limited sample size, the assays from each method yielded comparable results. The assays of the intercept are supported by a rigorous QA/QC program, including blanks, standards, and duplicates. The scientific and technical information contained in this news release has been reviewed and approved by Michael Dufresne, P.Geo., Independent Consultant, who is a Qualified Person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. New Risk • Jan 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 16% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$5.1m free cash flow). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (CA$38.2m market cap, or US$27.9m). 
