Eminent Gold Corp Has “The Best Early-Stage, Carlin-type Project” says Chief Geologist Dan McCoy
Eminent Gold Corp. (TSXV:EMNT – OTC:EMGDF) provides speculators with four 100%-owned ‘lottery tickets’ in Nevada: Hot Springs Range Project, Weepah, Gilbert South and Spanish Moon. The company is led by a team with multiple prior gold discovery successes. Eminent Gold has a tight share structure with less than 44M shares fully-diluted and zero warrants outstanding. The company will begin exploration drilling on its Hot Springs Range project at the end of Q1. Chief Geologist Dan McCoy says that this project is “the best early-stage, carlin-type project” of which he is aware.
The Hot Springs Range project is less than 20km from the Turquoise Ridge (7M AuOz) and Twin Creeks (12M AuOz) mines. This project is analogous to and sits in the same structural setting as the Getchell trend (42M AuOz). CEO Paul Sun stated, “this is unbelievable in that it’s never been explored, it’s the real lottery ticket to this story. So we’ll be very excited to drill this in the very near term.” The Hot Springs Range project is drill-ready, permitted and has a drilling contractor lined up.
Eminent’s Chief Geologist Dan McCoy previously oversaw Keegan Resources’ 5Moz Esaase gold discovery and was the Chief Geologist for Cayden Resources’ El Barqueno discovery which led to a buyout from Agnico Eagle. Dan decided to come out of retirement to oversee the exploration of Eminent’s four projects because of the tremendous discovery potential he sees. The Weepah, Gilbert South and Spanish Moon projects have all experienced past historic mining yet none of them have seen modern exploration on them. Therein lies the opportunity, Dan believes, as all of these properties have the possibility for grade, width and, most importantly, strike length.
Listen to CEO Paul Sun and Chief Geologist Dan McCoy explain Eminent Gold’s value proposition in this 23-minute interview.
0:00 Introduction
1:40 Paul: what EMNT has done in past 4mos
3:52 Dan: qualifications of EMNT’s technical team
7:03 Dan: Spanish Moon project overlooks Round Mountain (29M AuOz)
10:51 Dan: Hot Springs Range: “best early-stage, Carlin-type project”
13:00 Dan: Weepah & Gilbert South projects
15:43 Paul: Drilling and financing plans
17:09 Paul: trading liquidity
19:33 Dan: EMNT’s projects compared to past projects Dan’s worked on
21:09 Paul: the EMNT opportunity
